Kroll Inc · 8-K · For 10/20/00

Filed On 10/24/00 10:09am ET   ·   SEC File 0-21629   ·   Accession Number 950152-0-7402

Current Report   ·   Form 8-K
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Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         The Kroll-O'Gara Company Form 8-K                      3      5K 

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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 (Date of Earliest
 Event Reported): October 20, 2000

THE KROLL-O'GARA COMPANY
--------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)

Ohio                         000-21629                      31-1470817
--------------------------------------------------------------------------------
(State or Other                  (Commission                    (IRS Employer   
Jurisdiction of                  File Number)                Identification No.)
Incorporation)                                                                  

 9113 LeSaint Drive, Fairfield, Ohio 45014
--------------------------------------------------------------------------------
 (Address of Principal Executive Offices) (Zip Code)

 Registrant's telephone number, including area code: (513)874-2112
                                                     -------------

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INFORMATION TO BE INCLUDED IN THE REPORT

Items 1, 2, 3, 4, 6, 7, 8 and 9 are not applicable and are omitted from this    
Current Report.                                                                 

Item 5.  Other Events.                                                          

      The Kroll-O'Gara Company's subsidiary Securify, Inc. has completed a
private financing of $34.0 million. Securify, a provider of outsourced          
e-security services and infrastructure, will use the financing to expand its    
sales and marketing initiatives and continue development of its Security Chain  
Management technology and service infrastructure.                               

        Under the terms of the financing agreement, Securify has issued Series
A Convertible Preferred Stock convertible into 50.0 million shares of its Common
Stock. Additionally, Securify has created a stock option plan for its employees.
As a result of the transaction and the creation of the stock option plan,       
Kroll-O'Gara's ownership of Securify, on a fully diluted basis, has been reduced
to 20%. As part of the financing, Securify will repay Kroll-O'Gara $10.5        
million, $5.0 million at closing and the remaining sum over a five-year period. 

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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.                                           

OCTOBER 24, 2000                      THE KROLL-O'GARA COMPANY                  

                          By: /s/ Nicholas P. Carpinello
                                  --------------------------------
                        Nicholas P. Carpinello
                          Controller and Treasurer

Dates Referenced Herein   and   Documents Incorporated By Reference

				Referenced-On Page
This 8-K Filing		Date		First		Last			Other Filings
For The Period Ended		10/20/00		1
Filed On / Filed As Of		10/24/00		3
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