Prospectus Summary
The following summary is qualified in its entirety by reference to, and should be read in conjunction with, the more detailed information and Consolidated Financial Statements of the Company and the notes thereto included elsewhere in this Prospectus. Unless otherwise indicated, all information in this Prospectus assumes no exercise of the Underwriters' over-allotment option and gives effect to (a) the 1-for-3 reverse stock split of each outstanding share of Common Stock in N2K Inc., a Pennsylvania corporation, to be effected prior to the reorganization of N2K Inc. as a Delaware corporation, (b) the reorganization of N2K Inc. as a Delaware corporation immediately prior to the date of this Prospectus and (c) the automatic conversion of all outstanding shares of the Company's Preferred Stock, $.001 par value per share (the "Preferred Stock"), into an aggregate of 5,867,108 shares of Common Stock upon the consummation of the Offering (the "Preferred Stock Conversion"). Fiscal year references are to the respective fiscal year ended December 31.