Unassociated Document
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of
Report:
January
5, 2006
MOBILEPRO
CORP.
(Exact
Name of Registrant as Specified in Charter)
|
Delaware
|
000-51010
|
87-0419571
|
|
(State
of Incorporation)
|
(Commission
File Number )
|
(IRS
Employer Identification
No.)
|
| |
|
|
6701
Democracy Blvd., Suite 202
Bethesda,
MD 20817
(Address
of principal executive offices) (Zip Code)
(301)
315-9040
(Registrant's
telephone number)
Check
the
appropriate box below if the Form 8-K is intended to simultaneously satisfy
the
filing obligation of the registrant under any of the following provisions
(see
General
Instruction A.2 below):
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
8.01. Other Events.
Mobilepro
Corp. announced on January 5, 2006 that it had entered into a letter of intent
to acquire 100% of Kite Networks, Inc. and the remaining 49% of Kite Broadband,
LLC which it does not already own. The completion of the transaction is subject
to a number of factors, including but not limited to, the satisfactory
completion of due diligence, the negotiation and execution of definitive
agreements, and other customary closing conditions. There can be no assurance
that the merger will be consummated as set forth in the letter of intent, which
is nonbinding with respect to the terms of the proposed transaction and the
obligation to close. The terms of the transaction were not disclosed. If
completed, the transaction is currently anticipated to close within 30
days.
The
letter of intent and press release regarding this announcement are attached
hereto as Exhibits 99.1 and 99.2, respectively.
Item
9.01
Financial Statements and Exhibits.
| (d) |
Exhibits. |
| |
|
| 99.1 |
Letter
of Intent |
| |
|
| 99.2 |
Press Release, dated January 5,
2006. |
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant
has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
| |
By: /s/ Jay O.
Wright
|
| |
Jay
O. Wright |
| |
President
and Chief Executive Officer |
| |
MOBILEPRO
CORP. |
Date:
January 5, 2006