Webvan Group Inc – ‘8-K’ for 9/21/01

On:  Tuesday, 10/2/01   ·   For:  9/21/01   ·   Accession #:  1012870-1-502127   ·   File #:  0-27541

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Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                         3     11K 
 2: EX-99.1     Press Release                                          2      8K 
 3: EX-99.2     Monthly Operating Report                              24     76K 

8-K   —   Current Report
Document Table of Contents

8-K
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 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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)

September 21, 2001

WEBVAN GROUP, INC.
--------------------------------------------------------
(Exact name of Registrant as specified in its charter)

Delaware
--------------------------------------------------------
(State or other jurisdiction of incorporation)

 000-27541                                  77-0446411
     -------------------------               -------------------------------
     (Commission File No.)                  (IRS Employer Identification
                                         Number)

310 Lakeside Drive
 Foster City, California 94404
--------------------------------------------------------
(Address of principal executive offices)

(650) 627-3000
--------------------------------------------------------
(Registrant's telephone number, including area code)

8-K
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Item 2.   Acceptance of Bid to Sell Technology Assets                           

       On September 21, 2001, Webvan Group, Inc., issued a press release, a copy
of which is attached hereto as Exhibit 99.1 and incorporated herein in its      
entirety, stating that Webvan Group Inc., along with its subsidiary,            
HomeGrocer.com, Inc entered into a $2.5 million contract for the sale of its    
technology platforms to Mercury Acquisitions Corporation, a company controlled  
by Webvan's founder, Louis Borders. Concurrently with the execution of the sale 
contract, the United States Bankruptcy Court for the District of Delaware (the  
"Bankruptcy Court") approved the procedures by which the sale of the technology 
platforms to Mercury would be approved. According to the Court's order, the     
agreement with Mercury Acquisition Corporation will be subject to an overbid    
auction to be held on October 1, 2001.                                          

Item 3.   Bankruptcy.                                                           
----------                                                  

     On September 24, 2001, Webvan Group, Inc., along with its subsidiaries,
Webvan-Bay Area, Inc., Webvan Operations, Inc. and HomeGrocer.com, Inc., filed  
their August Monthly Operating Reports with the Bankruptcy Court, copies of     
which are attached hereto as Exhibit 99.2 and incorporated herein in their      
entirety. Copies of any bank statements and tax returns originally filed with   
the Bankruptcy Court as part of the August Monthly Operating Reports have been  
omitted.                                                                        

  THE MONTHLY OPERATING REPORTS CONTAIN FINANCIAL STATEMENTS AND OTHER
FINANCIAL INFORMATION THAT HAVE NOT BEEN AUDITED OR REVIEWED BY   
     INDEPENDENT ACCOUNTANTS AND MAY BE SUBJECT TO FUTURE RECONCILIATION AND
ADJUSTMENTS.                                                      

Item 7. Exhibits.                                                               
--------                                                        

   August Monthly Operating Reports of Webvan Group, Inc.,  Webvan-Bay
Area, Inc., Webvan Operations, Inc. and HomeGrocer.com, Inc. filed on   
September 24, 2001.                                                     

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8-K
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 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.                                           

                    Webvan Group, Inc.

Dated:  October 1, 2001                  By:   /s/ Mark Holtzman                
                                              ----------------------------------

                         Mark Holtzman
                                      Vice President, Controller
                                             ---------------------------------

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Dates Referenced Herein

				Referenced-On Page
This ‘8-K’ Filing		Date		First		Last			Other Filings
Filed on:		10/2/01							None on these Dates
		10/1/01		2		3
		9/24/01		2
For Period End:		9/21/01		1		2
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