SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 27, 2004
Daleen Technologies, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 0-27491 65-0944514
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
902 Clint Moore Road, Suite 230, Boca Raton, Florida 33487
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(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (561) 999-8000
Item 5. Other Events.
On January 28, 2004, Daleen Technologies, Inc. (the "Company") announced
that on January 27, 2004, the Board of Directors of the Company unanimously
approved a 1-for-500 reverse stock split (the "Reverse Split") of the Common
Stock, par value $.01 per share, of the Company, to be submitted for stockholder
approval. The Board of Directors of the Company will retain discretion whether
or not to implement the Reverse Split for up to 90 days following the date of
stockholder approval. The Company has filed a preliminary proxy statement on
Schedule 14A and Schedule 13E-3 with the Securities and Exchange Commission
related to the Reverse Split. A copy of the press release is attached hereto as
Exhibit 99.1 and is incorporated by reference herein.
Item 7. Financial Statements and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits
Exhibit
Number Description
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99.1 Press Release dated January 28, 2004
SIGNATURE
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 hereunto duly authorized.
DALEEN TECHNOLOGIES, INC.
By: /s/ Jeanne Prayther
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Jeanne Prayther
Chief Financial Officer
Dated: January 28, 2004