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: September 3, 2002
(Date of earliest event reported)
DCAP GROUP, INC.
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(Exact name of Registrant as specified in charter)
Delaware 0-1665 36-2476480
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(State or other jurisdiction (Commission File No.) (IRS Employer
incorporation) Identification Number)
1158 Broadway, Hewlett, New York 11557
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (516) 374-7600
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Item 5. Other Events
On September 3, 2002, DCAP Group, Inc. (the "Company") issued a press
release (the "Press Release") announcing that the Company has sold 1,000,000
shares of Common Stock at a purchase price of $.50 per share to investors
through a private placement (the "Private Placement"). The Press Release also
disclosed the contemplated use of proceeds, including in connection with the
concurrent acquisition by the Company of Barry Scott Companies, Inc. (the
"Acquisition"). The Private Placement and the Acquisition are more particularly
described in the Press Release, which is attached hereto as Exhibit 99.1.
Item 7. Financial Statements, Pro Forma Financial Statements and Exhibits.
(c) Exhibits.
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99.1 Press Release, dated September 3, 2002
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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 hereunto duly authorized.
DCAP GROUP, INC.
Dated: September 3, 2002 By: /s/ Barry Goldstein
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Barry Goldstein
Chief Executive Officer
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