content: <PAGE>
   
                                  UNITED STATES
                       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):   February 26, 1998
                                                    -------------------------
  
  
                                  CONNECT, Inc.
  ----------------------------------------------------------------------------
               (Exact name of registrant as specified in charter)
  
  
  
                                    Delaware
  ----------------------------------------------------------------------------
                 (State or other jurisdiction of incorporation)
  
  
  
         000-20873                                  943036611
  ----------------------------------------------------------------------------
  (Commission File Number)                (IRS Employer Identification No.)
  
  
  
  515 Ellis Street, Mountain View, California              94043
  ----------------------------------------------------------------------------
  (Address of principal executive offices)                (Zip Code)
  
  
  
  Registrant's telephone number, including area code:       (650) 254-4000
                                                      ------------------------
                                       N/A
  ----------------------------------------------------------------------------
          (Former name or former address, if changed since last report)
  
                                         1
  <PAGE>
   
  Item 5.  Other Events.
           ------------
  
       On February 26, 1998, CONNECT, Inc., a Delaware corporation (the
  "Company"), completed the exchange of $9,744,250 principal amount of outstanding
  Convertible Notes and in some cases accrued interest thereon for 4,905,209
  shares of Series A Preferred Stock (the "Exchange"). Prior to the Exchange,
  $575,750 principal amount of Convertible Notes were converted into 1,245,028
  shares of Common Stock. The Exchange was effected to allow the Company to comply
  with the net tangible asset requirements applicable to companies with Common
  Stock listed on the NASDAQ National Market. Specifically, the NASDAQ National
  Market requires as a condition to continued listing that a company maintain $4
  million of net tangible assets. As a result of the Exchange, the Company
  estimates that its net tangible assets as of February 26, 1998 exceed $6
  million.
  
       In addition, effective as of the close of business on February 26, 1998,
  the Company effected a one for five reverse split of its outstanding shares of
  Common Stock.  As of the close of business on February 26, 1998, and after
  giving effect to the reverse split, the Company had 4,091,010 shares of Common
  Stock outstanding (which number excludes shares issuable upon conversion of the
  Company's Series A Preferred Stock and upon exercise of outstanding options and
  warrants). Both the reverse split and the Exchange were approved by the
  Company's stockholders at a special meeting of stockholders held on February 24,
  1998.
  
       Further background information relating to the Exchange and the reverse
  split is contained in the Company's proxy statement provided to the Company's
  stockholders in connection with the special meeting of stockholders held on
  February 24, 1998.
  
                                         2
  <PAGE>
   
                                   SIGNATURES
  
       Pursuant to the requirements of the Securities Exchange Act of 1934, as
  amended, the Registrant has duly caused this report to be signed on its behalf
  by the undersigned thereunto duly authorized.
  
                                    CONNECT, Inc.
                                    (Registrant)
  
  
  Dated:  February 26, 1998         By:  /s/ JOSEPH G. GIRATA
                                       ----------------------------------------
                                       Joseph G. Girata
                                       Vice President of Finance and
                                       Administration and Chief Financial Officer
  
                                         3
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metadata_filer: {"company-data": {"conformed-name": "CONNECT INC", "cik": "0000831529", "assigned-sic": "7372", "irs-number": "943036611", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-20873", "film-number": "98551215"}, "business-address": {"street1": "515 ELLIS STREET", "city": "MOUNTAIN VIEW", "state": "CA", "zip": "94043-2242", "phone": "4152544000"}, "mail-address": {"street1": "515 ELLIS STREET", "city": "MOUNTAIN VIEW", "state": "CA", "zip": "94043-2242"}}
text: UNITED STATES
                       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):   February 26, 1998
                                                    -------------------------
  
                                  CONNECT, Inc.
  ----------------------------------------------------------------------------
               (Exact name of registrant as specified in charter)
  
                                    Delaware
  ----------------------------------------------------------------------------
                 (State or other jurisdiction of incorporation)
  
         000-20873                                  943036611
  ----------------------------------------------------------------------------
  (Commission File Number)                (IRS Employer Identification No.)
  
  515 Ellis Street, Mountain View, California              94043
  ----------------------------------------------------------------------------
  (Address of principal executive offices)                (Zip Code)
  
  Registrant's telephone number, including area code:       (650) 254-4000
                                                      ------------------------
                                       N/A
  ----------------------------------------------------------------------------
          (Former name or former address, if changed since last report)
  
                                         1
  Item 5.  Other Events.
           ------------
  
       On February 26, 1998, CONNECT, Inc., a Delaware corporation (the
  "Company"), completed the exchange of $9,744,250 principal amount of outstanding
  Convertible Notes and in some cases accrued interest thereon for 4,905,209
  shares of Series A Preferred Stock (the "Exchange"). Prior to the Exchange,
  $575,750 principal amount of Convertible Notes were converted into 1,245,028
  shares of Common Stock. The Exchange was effected to allow the Company to comply
  with the net tangible asset requirements applicable to companies with Common
  Stock listed on the NASDAQ National Market. Specifically, the NASDAQ National
  Market requires as a condition to continued listing that a company maintain $4
  million of net tangible assets. As a result of the Exchange, the Company
  estimates that its net tangible assets as of February 26, 1998 exceed $6
  million.
  
       In addition, effective as of the close of business on February 26, 1998,
  the Company effected a one for five reverse split of its outstanding shares of
  Common Stock.  As of the close of business on February 26, 1998, and after
  giving effect to the reverse split, the Company had 4,091,010 shares of Common
  Stock outstanding (which number excludes shares issuable upon conversion of the
  Company's Series A Preferred Stock and upon exercise of outstanding options and
  warrants). Both the reverse split and the Exchange were approved by the
  Company's stockholders at a special meeting of stockholders held on February 24,
  1998.
  
       Further background information relating to the Exchange and the reverse
  split is contained in the Company's proxy statement provided to the Company's
  stockholders in connection with the special meeting of stockholders held on
  February 24, 1998.
  
                                         2
  SIGNATURES
  
       Pursuant to the requirements of the Securities Exchange Act of 1934, as
  amended, the Registrant has duly caused this report to be signed on its behalf
  by the undersigned thereunto duly authorized.
  
                                    CONNECT, Inc.
                                    (Registrant)
  
  Dated:  February 26, 1998         By:  /s/ JOSEPH G. GIRATA
                                       ----------------------------------------
                                       Joseph G. Girata
                                       Vice President of Finance and
                                       Administration and Chief Financial Officer
  
                                         3