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: June 20, 2003 MOBILEPRO CORP. --------------- (Exact Name of Registrant as Specified in Charter) Delaware 002-97869-D 87-0419571 ---------------------------- ----------------------- ----------------------- (State of Incorporation) (Commission File (IRS Employer Number) Identification No.) 30 West Gude Drive, Suite 480 Rockville , MD 20850 -------------------- (Address of principal executive offices) (Zip Code) (301) 315-9040 -------------- (Registrant's telephone number) Item 5. Other Events. On June 20, 2003, the Company announced in a press release that it entered into a Memorandum of Understanding with GBH telecom, LLC, a development stage company headquartered in Arlington, Virginia, under which it intends to acquire GBH telecom, LLC in a proposed tax-free exchange of stock. The projected closing date for the transaction is July 3, 2003. Under the terms of the MOU, upon completion of the proposed transaction, GBH shareholders will own the majority of the Company's issued and outstanding common stock and have voting control of the Company. A copy of this press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. (c) Exhibits. Exhibit No. ----------- 99.1 Press Release dated June 20, 2003 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 thereunto duly authorized. By: /s/ Arne Dunhem ------------------------------------ Arne Dunhem President and Chief Executive Officer MOBILEPRO CORP. Date: June 20, 2003