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                                    Commission File
earliest event reported):                                       Number:

   January 27, 2000                                             1-10210





                                  eGlobe, Inc.
                     (Exact name of registrant as specified in its charter)

          Delaware                                          13-3486421
(State or other jurisdiction of                     (IRS Employer Identification
        incorporation)                                        Number)



                         1250 24th Street, NW, Suite 725
                             Washington, D.C. 20037
               (Address of principal executive offices) (Zip Code)


               Registrant's telephone number, including area code:
                                 (202) 822-8981


          (Former name or former address, if changed since last report)

                                       NA





<PAGE>



                                          EGLOBE, INC.


ITEM 5            OTHER EVENTS

          On January 27, 2000, we closed a $15 million equity private  placement
with  RGC  International  Investors  LDC  ("RGC").  Pursuant  to  the  terms  of
securities  purchase  agreement,  we issued  RGC  15,000  shares of our Series P
convertible  preferred  stock (the  "Series P Preferred  Stock") and warrants to
purchase  375,000  shares of our common  stock with a per share  exercise  price
equal to $12.04,  subject to  adjustment  for  issuances of shares of our common
stock below market price. We intend to use the proceeds of the private placement
to repay  indebtedness,  pay expenses related to the proposed merger transaction
with Trans Global Communications, Inc., and for general working capital.

          The shares of Series P Preferred Stock carry an effective annual yield
of 5% (payable in kind at the time of conversion)  and are  convertible,  at the
holder's  option,  into shares of common stock. The shares of Series P Preferred
Stock will automatically be converted into shares of common stock on January 26,
2003, subject to delay for specified events. The conversion price for the Series
P Preferred Stock is $12.04 until April 26, 2000, and thereafter is equal to the
lesser of:

    o   the five day average closing price of our common stock on Nasdaq
        during the 22-day period prior to conversion, and
    o   $12.04.

We can force a  conversion  of the Series P  Preferred  Stock on any trading day
following a period in which the  closing bid price of our common  stock has been
greater  than $24.08 for a period of at least 35 trading  days after the earlier
of:

    o   the  first  anniversary  of the  date the  common  stock  issuable  upon
        conversion  of the Series P Preferred  Stock and warrants is  registered
        for resale, and
    o   the completion of a firm  commitment  underwritten  public offering with
        gross proceeds to us of at least $45 million.

         The Series P Preferred Stock is convertible into a maximum of 5,151,871
shares of common stock.  This maximum share amount is subject to increase if the
average closing bid prices of our common stock for the 20 trading days ending on
the later of June 30,  2000 and the 60th  calendar  day after the  common  stock
issuable  upon  conversion  of the  Series P  Preferred  Stock and  warrants  is
registered is less than $9.375,  provided that under no  circumstances  will the
Series P Preferred Stock be convertible  into more than 7,157,063  shares of our
common stock. In addition, no holder may convert the Series P Preferred Stock or
exercise the warrants it owns for any shares of common stock that would cause it
to own following such  conversion or exercise in excess of 4.9% of the shares of
our common stock then outstanding.


          We may be  required  to redeem  the  Series P  Preferred  Stock in the
following circumstances:

                                      -2-

<PAGE>



    o   if we  fail  to  perform  specified  obligations  under  the  securities
        purchase agreement or related agreements;
    o   if we or any of our  subsidiaries  make an assignment for the benefit of
        creditors or become involved in bankruptcy,  insolvency,  reorganization
        or liquidation proceedings;
    o   if we merge out of existence  without the surviving company assuming the
        obligations relating to the Series P Preferred Stock;
    o   if our common stock is no longer listed on the Nasdaq  National  Market,
        the Nasdaq SmallCap Market, the NYSE or the AMEX;
    o   if the Series P  Preferred  Stock is no longer  convertible  into common
        stock  because it would  result in an  aggregate  issuance  of more than
        5,151,871 shares of common stock, as such number may be adjusted, and we
        have not waived such limit or obtained  stockholder approval of a higher
        limit;  or o if the Series P  Preferred  Stock is no longer  convertible
        into common stock  because it would  result in an aggregate  issuance of
        more than 7,157,063  shares of our common stock and we have not obtained
        stockholder approval of a higher limit.

          The  foregoing  description  of the Series P Preferred  Stock  private
placement  does not purport to be complete  and is  qualified in its entirety by
reference to (a) the  Certificate  of  Designations,  Rights and  Preferences of
Series P Convertible  Preferred Stock, filed as Exhibit 4.1 hereto, (b) the form
of  Warrant,  filed as  Exhibit  4.2  hereto,  and (c) the  Securities  Purchase
Agreement, filed as Exhibit 10.1 hereto, each of which is incorporated herein by
reference.  A copy of the press  release,  dated  January  28,  2000,  issued by
us regarding the above-described transaction is attached as Exhibit 99.1 hereto.

(c)      Exhibits.

         4.1      Certificate of Designations, Preferences, and Rights of Series
                  P Convertible Preferred Stock of eGlobe.

         4.2      Form of Warrant to purchase  375,000  shares of eGlobe  common
                  stock, dated January 26, 2000.

         10.1     Securities Purchase Agreement, dated January 26, 2000, between
                  eGlobe, Inc. and RGC International Investors, LDC.

         99.1     Press Release, dated January 28, 2000, regarding completion of
                  $15 million private placement.

                                      -3-

<PAGE>



                                    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.



                                            eGLOBE, INC.


Date:  February 15, 2000                    By:      /s/ Graeme S.R. Brown
                                                    ----------------------
                                                     Graeme S.R. Brown
                                                      Deputy General Counsel
                                                          and Secretary


                                      -4-

<PAGE>



                                  EXHIBIT INDEX


       Exhibit                                   Description

         4.1      Certificate of Designations, Preferences, and Rights of Series
                  P Convertible Preferred Stock of eGlobe.

         4.2      Form of Warrant to purchase  375,000  shares of eGlobe  common
                  stock, dated January 26, 2000.

         10.1     Securities Purchase Agreement, dated January 26, 2000, between
                  eGlobe, Inc. and RGC International Investors, LDC.

         99.1     Press Release, dated January 28, 2000, regarding completion of
                  $15 million private placement.
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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                                    Commission File
earliest event reported):                                       Number:

   January 27, 2000                                             1-10210

                                  eGlobe, Inc.
                     (Exact name of registrant as specified in its charter)

          Delaware                                          13-3486421
(State or other jurisdiction of                     (IRS Employer Identification
        incorporation)                                        Number)

                         1250 24th Street, NW, Suite 725
                             Washington, D.C. 20037
               (Address of principal executive offices) (Zip Code)

               Registrant's telephone number, including area code:
                                 (202) 822-8981

          (Former name or former address, if changed since last report)

                                       NA
EGLOBE, INC.

ITEM 5            OTHER EVENTS

          On January 27, 2000, we closed a $15 million equity private  placement
with  RGC  International  Investors  LDC  ("RGC").  Pursuant  to  the  terms  of
securities  purchase  agreement,  we issued  RGC  15,000  shares of our Series P
convertible  preferred  stock (the  "Series P Preferred  Stock") and warrants to
purchase  375,000  shares of our common  stock with a per share  exercise  price
equal to $12.04,  subject to  adjustment  for  issuances of shares of our common
stock below market price. We intend to use the proceeds of the private placement
to repay  indebtedness,  pay expenses related to the proposed merger transaction
with Trans Global Communications, Inc., and for general working capital.

          The shares of Series P Preferred Stock carry an effective annual yield
of 5% (payable in kind at the time of conversion)  and are  convertible,  at the
holder's  option,  into shares of common stock. The shares of Series P Preferred
Stock will automatically be converted into shares of common stock on January 26,
2003, subject to delay for specified events. The conversion price for the Series
P Preferred Stock is $12.04 until April 26, 2000, and thereafter is equal to the
lesser of:

    o   the five day average closing price of our common stock on Nasdaq
        during the 22-day period prior to conversion, and
    o   $12.04.

We can force a  conversion  of the Series P  Preferred  Stock on any trading day
following a period in which the  closing bid price of our common  stock has been
greater  than $24.08 for a period of at least 35 trading  days after the earlier
of:

    o   the  first  anniversary  of the  date the  common  stock  issuable  upon
        conversion  of the Series P Preferred  Stock and warrants is  registered
        for resale, and
    o   the completion of a firm  commitment  underwritten  public offering with
        gross proceeds to us of at least $45 million.

         The Series P Preferred Stock is convertible into a maximum of 5,151,871
shares of common stock.  This maximum share amount is subject to increase if the
average closing bid prices of our common stock for the 20 trading days ending on
the later of June 30,  2000 and the 60th  calendar  day after the  common  stock
issuable  upon  conversion  of the  Series P  Preferred  Stock and  warrants  is
registered is less than $9.375,  provided that under no  circumstances  will the
Series P Preferred Stock be convertible  into more than 7,157,063  shares of our
common stock. In addition, no holder may convert the Series P Preferred Stock or
exercise the warrants it owns for any shares of common stock that would cause it
to own following such  conversion or exercise in excess of 4.9% of the shares of
our common stock then outstanding.

          We may be  required  to redeem  the  Series P  Preferred  Stock in the
following circumstances:

                                      -2-
o   if we  fail  to  perform  specified  obligations  under  the  securities
        purchase agreement or related agreements;
    o   if we or any of our  subsidiaries  make an assignment for the benefit of
        creditors or become involved in bankruptcy,  insolvency,  reorganization
        or liquidation proceedings;
    o   if we merge out of existence  without the surviving company assuming the
        obligations relating to the Series P Preferred Stock;
    o   if our common stock is no longer listed on the Nasdaq  National  Market,
        the Nasdaq SmallCap Market, the NYSE or the AMEX;
    o   if the Series P  Preferred  Stock is no longer  convertible  into common
        stock  because it would  result in an  aggregate  issuance  of more than
        5,151,871 shares of common stock, as such number may be adjusted, and we
        have not waived such limit or obtained  stockholder approval of a higher
        limit;  or o if the Series P  Preferred  Stock is no longer  convertible
        into common stock  because it would  result in an aggregate  issuance of
        more than 7,157,063  shares of our common stock and we have not obtained
        stockholder approval of a higher limit.

          The  foregoing  description  of the Series P Preferred  Stock  private
placement  does not purport to be complete  and is  qualified in its entirety by
reference to (a) the  Certificate  of  Designations,  Rights and  Preferences of
Series P Convertible  Preferred Stock, filed as Exhibit 4.1 hereto, (b) the form
of  Warrant,  filed as  Exhibit  4.2  hereto,  and (c) the  Securities  Purchase
Agreement, filed as Exhibit 10.1 hereto, each of which is incorporated herein by
reference.  A copy of the press  release,  dated  January  28,  2000,  issued by
us regarding the above-described transaction is attached as Exhibit 99.1 hereto.

(c)      Exhibits.

         4.1      Certificate of Designations, Preferences, and Rights of Series
                  P Convertible Preferred Stock of eGlobe.

         4.2      Form of Warrant to purchase  375,000  shares of eGlobe  common
                  stock, dated January 26, 2000.

         10.1     Securities Purchase Agreement, dated January 26, 2000, between
                  eGlobe, Inc. and RGC International Investors, LDC.

         99.1     Press Release, dated January 28, 2000, regarding completion of
                  $15 million private placement.

                                      -3-
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.

                                            eGLOBE, INC.

Date:  February 15, 2000                    By:      /s/ Graeme S.R. Brown
                                                    ----------------------
                                                     Graeme S.R. Brown
                                                      Deputy General Counsel
                                                          and Secretary

                                      -4-
EXHIBIT INDEX

       Exhibit                                   Description

         4.1      Certificate of Designations, Preferences, and Rights of Series
                  P Convertible Preferred Stock of eGlobe.

         4.2      Form of Warrant to purchase  375,000  shares of eGlobe  common
                  stock, dated January 26, 2000.

         10.1     Securities Purchase Agreement, dated January 26, 2000, between
                  eGlobe, Inc. and RGC International Investors, LDC.

         99.1     Press Release, dated January 28, 2000, regarding completion of
                  $15 million private placement.