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<P ALIGN="CENTER"><FONT SIZE=2><B>As filed with the Securities and Exchange Commission on November&nbsp;22, 1999</B></FONT></P>

<P ALIGN="RIGHT"><FONT SIZE=2><B>Registration No.&nbsp;333-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></P>

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<P ALIGN="CENTER"><FONT SIZE=5><B>SECURITIES AND EXCHANGE COMMISSION<BR></B></FONT><FONT SIZE=2><B>Washington, D.C. 20549</B></FONT></P>

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<P ALIGN="CENTER"><FONT SIZE=5><B>FORM S-8<BR></B></FONT><FONT SIZE=2><B>REGISTRATION STATEMENT<BR>
Under<BR>
THE SECURITIES ACT OF 1933</B></FONT></P>

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<P ALIGN="CENTER"><FONT SIZE=5><B>DAMARK INTERNATIONAL,&nbsp;INC.<BR></B></FONT><FONT SIZE=2>(Exact name of Registrant as specified in its charter)</FONT></P>

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<TD WIDTH="49%" ALIGN="CENTER"><FONT SIZE=2><B>Minnesota</B></FONT><FONT SIZE=2><BR>
(State of other jurisdiction<BR>
of incorporation or organization)</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="49%" ALIGN="CENTER"><FONT SIZE=2><B>41-1551116</B></FONT><FONT SIZE=2><BR>
(I.R.S. Employer<BR>
Identification No.)</FONT></TD>
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<P ALIGN="CENTER"><FONT SIZE=2><B>7101 Winnetka Avenue North<BR>
Minneapolis, Minnesota 55428<BR></B></FONT><FONT SIZE=2>(Address, including zip code, of Registrant's principal executive offices)</FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><B>DAMARK INTERNATIONAL,&nbsp;INC.<BR>
1991 STOCK OPTION PLAN, AS AMENDED<BR>
1998 NONQUALIFIED STOCK OPTION PLAN<BR>
1998 NONQUALIFIED STOCK OPTION PLAN, AS AMENDED<BR>
1998 RESTATED NON-EMPLOYEE DIRECTOR STOCK PURCHASE PLAN<BR></B></FONT><FONT SIZE=2>(Full Title of the Plan)</FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><B>Stephen P. Letak<BR>
Chief Financial Officer<BR>
Damark International,&nbsp;Inc.<BR>
7101 Winnetka Avenue North<BR>
Minneapolis, Minnesota 55428<BR>
(612)&nbsp;531-0066<BR></B></FONT><FONT SIZE=2>(Name, address, including zip code, and telephone number,<BR>
including area code, of agent for service)</FONT></P>

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<P ALIGN="CENTER"><FONT SIZE=2><B>CALCULATION OF REGISTRATION FEE</B></FONT></P>

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<TH WIDTH="29%" ALIGN="CENTER"><FONT SIZE=1><B>Title of securities<BR>
to be registered</B></FONT><BR></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="17%" ALIGN="CENTER"><FONT SIZE=1><B>Amount to<BR>
be registered</B></FONT><BR></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="18%" ALIGN="CENTER"><FONT SIZE=1><B>Proposed maximum<BR>
offering price<BR>
per share</B></FONT><BR></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="18%" ALIGN="CENTER"><FONT SIZE=1><B>Proposed maximum<BR>
aggregate<BR>
offering price</B></FONT><BR></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="14%" ALIGN="CENTER"><FONT SIZE=1><B>Amount of<BR>
registration fee</B></FONT><BR></TH>
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<TD WIDTH="29%"><FONT SIZE=1>Class A Common Stock, par<BR>
value $.01 per share</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="17%" ALIGN="CENTER"><FONT SIZE=1>845,000 shares (1)</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="18%" ALIGN="CENTER"><FONT SIZE=1>$10.625 (2)</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="18%" ALIGN="CENTER"><FONT SIZE=1>$8,978,125</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="14%" ALIGN="CENTER"><FONT SIZE=1>$2,495.92</FONT></TD>
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<DT><FONT SIZE=1>(1)</FONT></DT><DD><FONT SIZE=1>Consists
of the following shares: (i)&nbsp;400,000 shares issuable pursuant to the Damark International,&nbsp;Inc. 1991 Stock Option Plan, as amended (the "Plan") which
represents the increase in the number of shares reserved for issuance under such plan by an amendment approved by the Board of Directors and Shareholders in 1998, (ii)&nbsp;400,000 shares issuable
pursuant to a nonqualified stock option agreement dated January&nbsp;1998, (iii)&nbsp;20,000 shares issuable pursuant to a nonqualified stock option agreement dated December&nbsp;1998, as
amended February&nbsp;1999, and (iv)&nbsp;25,000 shares issuable pursuant to a Restated 1998 Non-Employee Director Stock Purchase Plan dated November&nbsp;1998. The number of shares
of Class&nbsp;A Common Stock stated above may be adjusted in accordance with the provisions of the respective Plans, in the event that, during the period the respective Plans are in effect there is
effected any increase or decrease in the number of issued shares of Class&nbsp;A Common Stock resulting from a subdivision or consolidation of shares or the payment of a stock dividend or any other
increase or decrease in the number of shares effected without receipt of consideration by the Company. Accordingly, this Registration Statement covers, in addition to the number of shares of Common
Stock stated above, an indeterminate number of shares which by reason of any such events may be issued in accordance with the provisions of the respective Plan.
<BR><BR></FONT></DD><DT><FONT SIZE=1>(2)</FONT></DT><DD><FONT SIZE=1>Pursuant
to Rule&nbsp;457(h)(1), the aggregate offering price and the amount of the registration fee is computed based on the price of $10.625 per share, the average of the high
and low prices of the Registrant's Class&nbsp;A Common Stock on The Nasdaq Stock Market on November&nbsp;18, 1999, and assuming that 845,000 shares is the maximum number of the Registrant's
securities issuable under the Plan that are covered by the Registration Statement.</FONT></DD></DL>
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<P ALIGN="CENTER"><FONT SIZE=2><A
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<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;As permitted by the rules of the Securities and Exchange Commission (the "Commission"), this Registration Statement omits the information specified in
Part&nbsp;I of Form&nbsp;S-8.
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<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="dg3145_part_ii"> </A></FONT><FONT SIZE=2><B>Part&nbsp;II  </B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="dg3145_information_required_in_the_registration_statement"> </A></FONT><FONT SIZE=2><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT  </B></FONT></P>

<P><FONT SIZE=2><A
NAME="dg3145_item_3:_incorporation_of_documents_by_reference"> </A></FONT><FONT SIZE=2><B>Item 3:&nbsp;&nbsp;Incorporation of Documents by Reference   </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The following documents filed with the Commission by Damark International,&nbsp;Inc. (the "Company") (File No.&nbsp;0-19902) are incorporated
in this Registration Statement on Form&nbsp;S-8 (the "Registration Statement") by reference:</FONT></P>

<UL>
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<DT><FONT SIZE=2>1.</FONT></DT><DD><FONT SIZE=2>The
Company's Annual Report on Form&nbsp;10-K for the fiscal year ended December&nbsp;31, 1998;
<BR><BR></FONT></DD><DT><FONT SIZE=2>2.</FONT></DT><DD><FONT SIZE=2>Quarterly
Report on Form&nbsp;10-Q for the quarter ended April&nbsp;3, 1999;
<BR><BR></FONT></DD><DT><FONT SIZE=2>3.</FONT></DT><DD><FONT SIZE=2>Quarterly
Report on Form&nbsp;10-Q for the quarter ended July&nbsp;3, 1999;
<BR><BR></FONT></DD><DT><FONT SIZE=2>4.</FONT></DT><DD><FONT SIZE=2>Quarterly
Report on Form&nbsp;10-Q for the quarter ended October&nbsp;2, 1999;
<BR><BR></FONT></DD><DT><FONT SIZE=2>5.</FONT></DT><DD><FONT SIZE=2>The
description of the Company's Common Stock set forth in the Company's Registration Statement on Form&nbsp;S-1, No.&nbsp;33-45056; and</FONT></DD></DL>
</UL>
<BR>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;All
documents subsequently filed by the Company pursuant to Sections&nbsp;13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), prior
to the filing of a post-effective amendment which indicates that all securities offered hereunder have been sold or which deregisters all of the securities offered then remaining unsold,
shall be deemed to be incorporated herein by reference and to be a part hereof from the date of filing of such documents.</FONT></P>

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<P><FONT SIZE=2><A
NAME="dg3145_item_4:_description_of_securities"> </A></FONT><FONT SIZE=2><B>Item 4:&nbsp;&nbsp;Description of Securities   </B></FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.</FONT></P>

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<P><FONT SIZE=2><A
NAME="dg3145_item_5:_interests_of_named_experts_and_counsel"> </A></FONT><FONT SIZE=2><B>Item 5:&nbsp;&nbsp;Interests of Named Experts and Counsel   </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.</FONT></P>

<BR>

<P><FONT SIZE=2><A
NAME="dg3145_item_6:_indemnification_of_directors_and_officers"> </A></FONT><FONT SIZE=2><B>Item 6:&nbsp;&nbsp;Indemnification of Directors and Officers   </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Article&nbsp;V, Section&nbsp;5.01 of the Bylaws of the Company provides that the Company shall indemnify persons to the extent required by Minnesota
Statutes, Section&nbsp;302A.521. Section&nbsp;302A.521 provides that a corporation shall indemnify any person who was or is made or is threatened to be made a party to any proceeding by reason of
the former or present official capacity of such person against judgments, penalties and fines, including, without limitation, excise taxes assessed against such person with respect to an employee
benefit plan, settlements and reasonable expenses, including attorneys' fees and
disbursements, incurred by such person in connection with the proceeding, if, with respect to the acts or omissions of such person complained of in the proceeding, such person has not been indemnified
by another organization or employee benefit plan for the same penalties, fines, taxes and expenses with respect to the same acts or omissions; acted in good faith; received no improper personal
benefit and Section&nbsp;302A.255 (regarding conflicts of interest), if applicable, has been satisfied; in the case of a criminal proceeding, had no reasonable cause to believe the conduct was
unlawful; and in the case of acts or omissions by persons who are or were serving other organizations at the request of the corporation or whose duties involve or involved service for other
organizations, reasonably believed that the conduct was not opposed to the best interests of the corporation.</FONT></P>

<BR>

<P><FONT SIZE=2><A
NAME="dg3145_item_7:_exemption_from_registration_claimed"> </A></FONT><FONT SIZE=2><B>Item 7:&nbsp;&nbsp;Exemption from Registration Claimed   </B></FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
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<P><FONT SIZE=2><A
NAME="dg3145_item_8:_exhibits"> </A></FONT><FONT SIZE=2><B>Item 8:&nbsp;&nbsp;Exhibits   </B></FONT></P>

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<TD WIDTH="6%" ALIGN="RIGHT"><FONT SIZE=2>4.1</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="91%"><FONT SIZE=2>Restated Articles of Incorporation of the Company (incorporated by reference to Exhibit&nbsp;3.1 filed as part of the Company's Registration Statement on Form&nbsp;S-1 (No.&nbsp;33-45056))</FONT></TD>
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<TD WIDTH="6%" ALIGN="RIGHT"><FONT SIZE=2>4.2</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="91%"><FONT SIZE=2>Certificate of Designation, Preference and Rights of Series&nbsp;C Junior Participating Preferred Stock.</FONT></TD>
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<TD WIDTH="6%" ALIGN="RIGHT"><FONT SIZE=2>4.3</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="91%"><FONT SIZE=2>Amended and Restated By-laws of the Company (incorporated by reference to Exhibit&nbsp;3 filed as part of the Company's Quarterly Report on Form&nbsp;10-Q for the fiscal quarter ended June&nbsp;27, 1998)</FONT></TD>
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<TD WIDTH="6%" ALIGN="RIGHT"><FONT SIZE=2>4.4</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="91%"><FONT SIZE=2>Damark International,&nbsp;Inc. 1991 Stock Option Plan, as amended (incorporated by reference to Exhibit&nbsp;10.3 filed as part of the Company's Annual Report on Form&nbsp;10-K for the fiscal year ended December&nbsp;31,
1998)</FONT></TD>
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<TD WIDTH="6%" ALIGN="RIGHT"><FONT SIZE=2>4.5</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="91%"><FONT SIZE=2>Damark International,&nbsp;Inc. 1998 Employee Stock Option Agreement with Mark&nbsp;A. Cohn (1998 Nonqualified Stock Option Plan) (incorporated by reference to Exhibit&nbsp;10.2 filed as part of the Company's Annual
Report on Form&nbsp;10-K for the fiscal year ended December&nbsp;31, 1997)</FONT></TD>
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<TD WIDTH="6%" ALIGN="RIGHT"><FONT SIZE=2>4.6</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="91%"><FONT SIZE=2>Damark International,&nbsp;Inc. 1998 Stock Option Agreement with Stephen&nbsp;J. Hemsley, as amended (1998 Nonqualified Stock Option Plan, as ammended) (incorporated by reference to Exhibit&nbsp;10.12 and Exhibit
&nbsp;10.22 filed as part of the Company's Annual Report on Form&nbsp;10-K for the fiscal year ended December&nbsp;31, 1998)</FONT></TD>
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<TD WIDTH="6%" ALIGN="RIGHT"><FONT SIZE=2>4.7</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="91%"><FONT SIZE=2>Damark International,&nbsp;Inc. Restated 1998 Non-Employee Director Stock Purchase Plan (1998 Non-Employee Director Stock Purchase Plan) (incorporated by reference to Exhibit&nbsp;10.13 filed as part of the Company's
Annual Report on Form&nbsp;10-K for the fiscal year ended December&nbsp;31, 1998)</FONT></TD>
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<TD WIDTH="6%" ALIGN="RIGHT"><FONT SIZE=2>5.1</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="91%"><FONT SIZE=2>Opinion of Kaplan, Strangis and Kaplan, P.A.</FONT></TD>
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<TD WIDTH="6%" ALIGN="RIGHT"><FONT SIZE=2>23.1</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="91%"><FONT SIZE=2>Consent of Kaplan, Strangis and Kaplan, P.A. (included in Exhibit&nbsp;5.1)</FONT></TD>
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<TD WIDTH="6%" ALIGN="RIGHT"><FONT SIZE=2>23.2</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="91%"><FONT SIZE=2>Consent of Arthur Andersen LLP</FONT></TD>
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<TD WIDTH="6%" ALIGN="RIGHT"><FONT SIZE=2>24.1</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="91%"><FONT SIZE=2>Powers of Attorney</FONT></TD>
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<P><FONT SIZE=2><A
NAME="dg3145_item_9:_undertakings"> </A></FONT><FONT SIZE=2><B>Item 9:&nbsp;&nbsp;Undertakings   </B></FONT></P>

<P><FONT SIZE=2><I>Rule&nbsp;415 Offering.</I></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The Company hereby undertakes:</FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;To
file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:</FONT></P>

<UL>
<DL compact>
<DT><FONT SIZE=2>(i)</FONT></DT><DD><FONT SIZE=2>To
include any prospectus required by section&nbsp;10(a)(3) of the Securities Act of 1933;
<BR><BR></FONT></DD><DT><FONT SIZE=2>(ii)</FONT></DT><DD><FONT SIZE=2>To
reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most
post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement. Notwithstanding the
foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high
end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule&nbsp;424(b) if, in the aggregate, the changes in volume and price
represent no more than a
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20% change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective registration statement;
<BR><BR></FONT></DD><DT><FONT SIZE=2>(iii)</FONT></DT><DD><FONT SIZE=2>To
include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any
material change to such information in the Registration Statement;</FONT></DD></DL>
</UL>
<BR>

<P><FONT SIZE=2><I>provided, however</I></FONT><FONT SIZE=2>, that paragraphs (i)&nbsp;and (ii)&nbsp;do not apply if the information required to be included in a post-effective
amendment by those paragraphs is contained in periodic reports filed with or furnished to the Commission by the Company pursuant to Section&nbsp;13 or Section&nbsp;15(d) of the Exchange Act that
are incorporated by reference in this Registration Statement.</FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;That,
for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered herein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;To
remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the
offering.</FONT></P>

<P><FONT SIZE=2><I>Incorporation of Subsequent Exchange Act Documents by Reference.</I></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The Company hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the Company's annual report
pursuant to Section&nbsp;13(a) or Section&nbsp;15(d) of the Exchange Act that is incorporated by reference in the Registration Statement shall be deemed to be a new registration statement relating
to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</FONT></P>


<P><FONT SIZE=2><I>Form&nbsp;S-8 Registration Statement.</I></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the
Company pursuant to the foregoing provisions, or otherwise, the Company has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Act and
is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Company of expenses incurred or paid by a director, officer or
controlling person of the Company in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being
registered, the Company will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.</FONT></P>

<P><FONT SIZE=2>
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<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="di3145_signatures"> </A></FONT><FONT SIZE=2><B>SIGNATURES  </B></FONT></P>

<P><FONT SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;The Registrant.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, the Company certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing on Form&nbsp;S-8 and has duly caused this Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of Minneapolis, State of Minnesota, on November&nbsp;22, 1999.</FONT></P>

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&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;<BR>&nbsp;</FONT></TD>
<TD WIDTH="51%" COLSPAN=2><FONT SIZE=2>&nbsp;<BR></FONT><FONT SIZE=2>DAMARK INTERNATIONAL,&nbsp;INC.</FONT></TD>
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<TD WIDTH="47%"><FONT SIZE=2>&nbsp;<BR>
&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;<BR>&nbsp;</FONT></TD>
<TD WIDTH="4%"><FONT SIZE=2>&nbsp;<BR></FONT><FONT SIZE=2>By:</FONT></TD>
<TD WIDTH="47%" ALIGN="CENTER"><FONT SIZE=2>&nbsp;<BR>
/s/&nbsp;</FONT><FONT SIZE=2>MARK A. COHN</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE><FONT SIZE=2> Mark A. Cohn<BR></FONT><FONT SIZE=2><I>Chairman, President and Chief Executive Officer</I></FONT></TD>
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<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.</FONT></P>

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<TH WIDTH="44%" ALIGN="CENTER"><FONT SIZE=1><B>Name</B></FONT><HR NOSHADE></TH>
<TH WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="27%" ALIGN="CENTER"><FONT SIZE=1><B>Title</B></FONT><HR NOSHADE></TH>
<TH WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="25%" ALIGN="CENTER"><FONT SIZE=1><B>Date</B></FONT><HR NOSHADE></TH>
</TR>
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<TD WIDTH="44%" ALIGN="CENTER"><FONT SIZE=2>/s/&nbsp;</FONT><FONT SIZE=2>MARK A. COHN</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE><FONT SIZE=2> Mark A. Cohn</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="27%"><FONT SIZE=2>Chief Executive Officer, Chairman of the Board and President</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="25%" ALIGN="CENTER"><FONT SIZE=2>November 22, 1999</FONT></TD>
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<TD WIDTH="44%" ALIGN="CENTER"><FONT SIZE=2>&nbsp;<BR>
/s/&nbsp;</FONT><FONT SIZE=2>STEPHEN P. LETAK</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE><FONT SIZE=2> Stephen P. Letak</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;<BR>&nbsp;</FONT></TD>
<TD WIDTH="27%"><FONT SIZE=2>&nbsp;<BR>
Executive Vice President and Chief Financial Officer</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;<BR>&nbsp;</FONT></TD>
<TD WIDTH="25%" ALIGN="CENTER"><FONT SIZE=2>&nbsp;<BR>
November 22, 1999</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD WIDTH="44%" ALIGN="CENTER"><FONT SIZE=2>&nbsp;<BR>
&nbsp;<BR>
*</FONT><HR NOSHADE><FONT SIZE=2> Thomas A. Cusick</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;<BR>&nbsp;<BR>&nbsp;</FONT></TD>
<TD WIDTH="27%"><FONT SIZE=2>&nbsp;<BR>
&nbsp;<BR>
Director</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;<BR>&nbsp;<BR>&nbsp;</FONT></TD>
<TD WIDTH="25%" ALIGN="CENTER"><FONT SIZE=2>&nbsp;<BR>
&nbsp;<BR>
November 22, 1999</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD WIDTH="44%" ALIGN="CENTER"><FONT SIZE=2>&nbsp;<BR>
&nbsp;<BR>
*</FONT><HR NOSHADE><FONT SIZE=2> Jack W. Eugster</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;<BR>&nbsp;<BR>&nbsp;</FONT></TD>
<TD WIDTH="27%"><FONT SIZE=2>&nbsp;<BR>
&nbsp;<BR>
Director</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;<BR>&nbsp;<BR>&nbsp;</FONT></TD>
<TD WIDTH="25%" ALIGN="CENTER"><FONT SIZE=2>&nbsp;<BR>
&nbsp;<BR>
November 22, 1999</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD WIDTH="44%" ALIGN="CENTER"><FONT SIZE=2>&nbsp;<BR>
&nbsp;<BR>
*</FONT><HR NOSHADE><FONT SIZE=2> Harold Roitenberg</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;<BR>&nbsp;<BR>&nbsp;</FONT></TD>
<TD WIDTH="27%"><FONT SIZE=2>&nbsp;<BR>
&nbsp;<BR>
Director</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;<BR>&nbsp;<BR>&nbsp;</FONT></TD>
<TD WIDTH="25%" ALIGN="CENTER"><FONT SIZE=2>&nbsp;<BR>
&nbsp;<BR>
November 22, 1999</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD WIDTH="44%" ALIGN="CENTER"><FONT SIZE=2>&nbsp;<BR>
&nbsp;<BR>
*</FONT><HR NOSHADE><FONT SIZE=2> Ralph Strangis</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;<BR>&nbsp;<BR>&nbsp;</FONT></TD>
<TD WIDTH="27%"><FONT SIZE=2>&nbsp;<BR>
&nbsp;<BR>
Director</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;<BR>&nbsp;<BR>&nbsp;</FONT></TD>
<TD WIDTH="25%" ALIGN="CENTER"><FONT SIZE=2>&nbsp;<BR>
&nbsp;<BR>
November 22, 1999</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD WIDTH="44%" ALIGN="CENTER"><FONT SIZE=2>&nbsp;<BR>
&nbsp;<BR>
*</FONT><HR NOSHADE><FONT SIZE=2> Joel N. Waller</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;<BR>&nbsp;<BR>&nbsp;</FONT></TD>
<TD WIDTH="27%"><FONT SIZE=2>&nbsp;<BR>
&nbsp;<BR>
Director</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;<BR>&nbsp;<BR>&nbsp;</FONT></TD>
<TD WIDTH="25%" ALIGN="CENTER"><FONT SIZE=2>&nbsp;<BR>
&nbsp;<BR>
November 22, 1999
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</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD WIDTH="44%" ALIGN="CENTER"><FONT SIZE=2>&nbsp;<BR>
&nbsp;<BR>
*</FONT><HR NOSHADE><FONT SIZE=2> Stephen J. Hemsley</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;<BR>&nbsp;<BR>&nbsp;</FONT></TD>
<TD WIDTH="27%"><FONT SIZE=2>&nbsp;<BR>
&nbsp;<BR>
Director</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;<BR>&nbsp;<BR>&nbsp;</FONT></TD>
<TD WIDTH="25%" ALIGN="CENTER"><FONT SIZE=2>&nbsp;<BR>
&nbsp;<BR>
November 22, 1999</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="44%" ALIGN="CENTER"><FONT SIZE=2>&nbsp;<BR>
&nbsp;<BR>
&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;<BR>&nbsp;<BR>&nbsp;</FONT></TD>
<TD WIDTH="27%"><FONT SIZE=2>&nbsp;<BR>
&nbsp;<BR>
&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;<BR>&nbsp;<BR>&nbsp;</FONT></TD>
<TD WIDTH="25%"><FONT SIZE=2>&nbsp;<BR>
&nbsp;<BR>
&nbsp;</FONT></TD>
</TR>
</TABLE>
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<TD WIDTH="5%"><FONT SIZE=2>&nbsp;<BR>
*By:</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=2>&nbsp;<BR>&nbsp;</FONT></TD>
<TD WIDTH="39%" ALIGN="CENTER"><FONT SIZE=2>&nbsp;<BR>
/s/&nbsp;</FONT><FONT SIZE=2>MARK A. COHN</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE><FONT SIZE=2> Mark A. Cohn<BR></FONT><FONT SIZE=2><I>Attorney-in-Fact</I></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;<BR>&nbsp;</FONT></TD>
<TD WIDTH="27%"><FONT SIZE=2>&nbsp;<BR>
As attorney-in-fact for the above officers and directors marked by an asterisk.</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;<BR>&nbsp;</FONT></TD>
<TD WIDTH="24%" ALIGN="CENTER"><FONT SIZE=2>&nbsp;<BR>
November 22, 1999</FONT></TD>
</TR>
</TABLE>
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<P><FONT SIZE=2>
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</FONT></P>

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<H2><FONT SIZE=3 > </FONT></H2>
<BR>
<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="dk3145_exhibit_index"> </A></FONT><FONT SIZE=2><B>EXHIBIT INDEX  </B></FONT></P>

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<TABLE WIDTH="82%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="BOTTOM">
<TH WIDTH="9%" ALIGN="CENTER"><FONT SIZE=1><B>Exhibit<BR>
Number</B></FONT><HR NOSHADE></TH>
<TH WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="70%" ALIGN="LEFT"><FONT SIZE=1><B>Description of Exhibit<BR></B></FONT><HR NOSHADE></TH>
<TH WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="16%" ALIGN="CENTER"><FONT SIZE=1><B>Sequentially<BR>
Numbered Page</B></FONT><HR NOSHADE></TH>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="9%" ALIGN="RIGHT"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="70%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="16%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="9%" ALIGN="RIGHT"><FONT SIZE=2>4.1*</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="70%"><FONT SIZE=2>Restated Articles of Incorporation of the Company (incorporated by reference to Exhibit&nbsp;3.1 filed as part of the Company's Registration Statement on Form&nbsp;S-1 (No.&nbsp;33-45056))</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="16%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="9%" ALIGN="RIGHT"><FONT SIZE=2>4.2</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="70%"><FONT SIZE=2>Certificate of Designation, Preferences and Rights of Series&nbsp;C Junior Participating Preferred Stock.</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="16%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="9%" ALIGN="RIGHT"><FONT SIZE=2>4.3*</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="70%"><FONT SIZE=2>Amended and Restated By-laws of the Company</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="16%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="9%" ALIGN="RIGHT"><FONT SIZE=2>4.4*</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="70%"><FONT SIZE=2>Damark International,&nbsp;Inc. 1991 Stock Option Plan, as amended</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="16%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="9%" ALIGN="RIGHT"><FONT SIZE=2>4.5*</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="70%"><FONT SIZE=2>1998 Nonqualified Stock Option Plan</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="16%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="9%" ALIGN="RIGHT"><FONT SIZE=2>4.6*</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="70%"><FONT SIZE=2>1998 Nonqualified Stock Option Plan, as amended</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="16%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="9%" ALIGN="RIGHT"><FONT SIZE=2>4.7*</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="70%"><FONT SIZE=2>1998 Restated Non-Employee Director Stock Purchase Plan</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="16%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="9%" ALIGN="RIGHT"><FONT SIZE=2>5.1</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="70%"><FONT SIZE=2>Opinion of Kaplan, Strangis and Kaplan, P.A.</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="16%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="9%" ALIGN="RIGHT"><FONT SIZE=2>23.1</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="70%"><FONT SIZE=2>Consent of Kaplan, Strangis and Kaplan, P.A. (included in Exhibit&nbsp;5.1)</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="16%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="9%" ALIGN="RIGHT"><FONT SIZE=2>23.2</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="70%"><FONT SIZE=2>Consent of Arthur Andersen LLP</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="16%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="9%" ALIGN="RIGHT"><FONT SIZE=2>24.1</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="70%"><FONT SIZE=2>Powers of Attorney</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="16%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
</TABLE>
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<DL compact>
<DT><FONT SIZE=2>*</FONT></DT><DD><FONT SIZE=2>Previously
filed</FONT><P><FONT SIZE=2>
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<H2><FONT SIZE=3 ><A NAME="#99STP3145_1">QuickLinks</A></FONT></H2>
<!-- TOC_BEGIN -->

<P><FONT SIZE=2><A HREF="#de3145_explanatory_note">EXPLANATORY NOTE</A></FONT><BR>
</P>

<!-- TOC_END -->
<!-- TOC_BEGIN -->

<P><FONT SIZE=2><A HREF="#dg3145_part_ii">Part II</A></FONT><BR>
<FONT SIZE=2><A HREF="#dg3145_information_required_in_the_registration_statement">INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</A></FONT><BR>
<FONT SIZE=2><A HREF="#dg3145_item_3:_incorporation_of_documents_by_reference">Item 3: Incorporation of Documents by Reference</A></FONT><BR>
<FONT SIZE=2><A HREF="#dg3145_item_4:_description_of_securities">Item 4: Description of Securities</A></FONT><BR>
<FONT SIZE=2><A HREF="#dg3145_item_5:_interests_of_named_experts_and_counsel">Item 5: Interests of Named Experts and Counsel</A></FONT><BR>
<FONT SIZE=2><A HREF="#dg3145_item_6:_indemnification_of_directors_and_officers">Item 6: Indemnification of Directors and Officers</A></FONT><BR>
<FONT SIZE=2><A HREF="#dg3145_item_7:_exemption_from_registration_claimed">Item 7: Exemption from Registration Claimed</A></FONT><BR>
<FONT SIZE=2><A HREF="#dg3145_item_8:_exhibits">Item 8: Exhibits</A></FONT><BR>
<FONT SIZE=2><A HREF="#dg3145_item_9:_undertakings">Item 9: Undertakings</A></FONT><BR>
</P>

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<P><FONT SIZE=2><A HREF="#di3145_signatures">SIGNATURES</A></FONT><BR>
</P>

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<P><FONT SIZE=2><A HREF="#dk3145_exhibit_index">EXHIBIT INDEX</A></FONT><BR>
</P>

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</HTML>
[{"type": "S-8", "sequence": "1", "description": "FORM S-8", "secsgml_size_bytes": 35495}]
{"company-data": {"conformed-name": "DAMARK INTERNATIONAL INC", "cik": "0000883324", "assigned-sic": "5961", "irs-number": "411551116", "state-of-incorporation": "MN", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-91417", "film-number": "99762084"}, "business-address": {"street1": "7101 WINNETKA AVENUE NORTH", "city": "MINNEAPOLIS", "state": "MN", "zip": "55428", "phone": "6125310066"}, "mail-address": {"street1": "7101 WINNETKA AVE N", "city": "BROOKLYN", "state": "MN", "zip": "55428"}}
Prepared by MERRILL CORPORATION www.edgaradvantage.com
QuickLinks
As filed with the Securities and Exchange Commission on November 22, 1999
Registration No. 333-
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
Under
THE SECURITIES ACT OF 1933
DAMARK INTERNATIONAL, INC.
(Exact name of Registrant as specified in its charter)
Minnesota
(State of other jurisdiction
of incorporation or organization)
41-1551116
(I.R.S. Employer
Identification No.)
7101 Winnetka Avenue North
Minneapolis, Minnesota 55428
(Address, including zip code, of Registrant's principal executive offices)
DAMARK INTERNATIONAL, INC.
1991 STOCK OPTION PLAN, AS AMENDED
1998 NONQUALIFIED STOCK OPTION PLAN
1998 NONQUALIFIED STOCK OPTION PLAN, AS AMENDED
1998 RESTATED NON-EMPLOYEE DIRECTOR STOCK PURCHASE PLAN
(Full Title of the Plan)
Stephen P. Letak
Chief Financial Officer
Damark International, Inc.
7101 Winnetka Avenue North
Minneapolis, Minnesota 55428
(612) 531-0066
(Name, address, including zip code, and telephone number,
including area code, of agent for service)
CALCULATION OF REGISTRATION FEE
Title of securities
to be registered
Amount to
be registered
Proposed maximum
offering price
per share
Proposed maximum
aggregate
offering price
Amount of
registration fee
Class A Common Stock, par
value $.01 per share
845,000 shares (1)
$10.625 (2)
$8,978,125
$2,495.92
(1)
Consists
of the following shares: (i) 400,000 shares issuable pursuant to the Damark International, Inc. 1991 Stock Option Plan, as amended (the "Plan") which
represents the increase in the number of shares reserved for issuance under such plan by an amendment approved by the Board of Directors and Shareholders in 1998, (ii) 400,000 shares issuable
pursuant to a nonqualified stock option agreement dated January 1998, (iii) 20,000 shares issuable pursuant to a nonqualified stock option agreement dated December 1998, as
amended February 1999, and (iv) 25,000 shares issuable pursuant to a Restated 1998 Non-Employee Director Stock Purchase Plan dated November 1998. The number of shares
of Class A Common Stock stated above may be adjusted in accordance with the provisions of the respective Plans, in the event that, during the period the respective Plans are in effect there is
effected any increase or decrease in the number of issued shares of Class A Common Stock resulting from a subdivision or consolidation of shares or the payment of a stock dividend or any other
increase or decrease in the number of shares effected without receipt of consideration by the Company. Accordingly, this Registration Statement covers, in addition to the number of shares of Common
Stock stated above, an indeterminate number of shares which by reason of any such events may be issued in accordance with the provisions of the respective Plan.
(2)
Pursuant
to Rule 457(h)(1), the aggregate offering price and the amount of the registration fee is computed based on the price of $10.625 per share, the average of the high
and low prices of the Registrant's Class A Common Stock on The Nasdaq Stock Market on November 18, 1999, and assuming that 845,000 shares is the maximum number of the Registrant's
securities issuable under the Plan that are covered by the Registration Statement.
EXPLANATORY NOTE
As permitted by the rules of the Securities and Exchange Commission (the "Commission"), this Registration Statement omits the information specified in
Part I of Form S-8.
Part II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3:  Incorporation of Documents by Reference
The following documents filed with the Commission by Damark International, Inc. (the "Company") (File No. 0-19902) are incorporated
in this Registration Statement on Form S-8 (the "Registration Statement") by reference:
1.
The
Company's Annual Report on Form 10-K for the fiscal year ended December 31, 1998;
2.
Quarterly
Report on Form 10-Q for the quarter ended April 3, 1999;
3.
Quarterly
Report on Form 10-Q for the quarter ended July 3, 1999;
4.
Quarterly
Report on Form 10-Q for the quarter ended October 2, 1999;
5.
The
description of the Company's Common Stock set forth in the Company's Registration Statement on Form S-1, No. 33-45056; and
All
documents subsequently filed by the Company pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), prior
to the filing of a post-effective amendment which indicates that all securities offered hereunder have been sold or which deregisters all of the securities offered then remaining unsold,
shall be deemed to be incorporated herein by reference and to be a part hereof from the date of filing of such documents.
Item 4:  Description of Securities
Not applicable.
Item 5:  Interests of Named Experts and Counsel
Not applicable.
Item 6:  Indemnification of Directors and Officers
Article V, Section 5.01 of the Bylaws of the Company provides that the Company shall indemnify persons to the extent required by Minnesota
Statutes, Section 302A.521. Section 302A.521 provides that a corporation shall indemnify any person who was or is made or is threatened to be made a party to any proceeding by reason of
the former or present official capacity of such person against judgments, penalties and fines, including, without limitation, excise taxes assessed against such person with respect to an employee
benefit plan, settlements and reasonable expenses, including attorneys' fees and
disbursements, incurred by such person in connection with the proceeding, if, with respect to the acts or omissions of such person complained of in the proceeding, such person has not been indemnified
by another organization or employee benefit plan for the same penalties, fines, taxes and expenses with respect to the same acts or omissions; acted in good faith; received no improper personal
benefit and Section 302A.255 (regarding conflicts of interest), if applicable, has been satisfied; in the case of a criminal proceeding, had no reasonable cause to believe the conduct was
unlawful; and in the case of acts or omissions by persons who are or were serving other organizations at the request of the corporation or whose duties involve or involved service for other
organizations, reasonably believed that the conduct was not opposed to the best interests of the corporation.
Item 7:  Exemption from Registration Claimed
Not applicable.
Item 8:  Exhibits
4.1
Restated Articles of Incorporation of the Company (incorporated by reference to Exhibit 3.1 filed as part of the Company's Registration Statement on Form S-1 (No. 33-45056))
4.2
Certificate of Designation, Preference and Rights of Series C Junior Participating Preferred Stock.
4.3
Amended and Restated By-laws of the Company (incorporated by reference to Exhibit 3 filed as part of the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended June 27, 1998)
4.4
Damark International, Inc. 1991 Stock Option Plan, as amended (incorporated by reference to Exhibit 10.3 filed as part of the Company's Annual Report on Form 10-K for the fiscal year ended December 31,
1998)
4.5
Damark International, Inc. 1998 Employee Stock Option Agreement with Mark A. Cohn (1998 Nonqualified Stock Option Plan) (incorporated by reference to Exhibit 10.2 filed as part of the Company's Annual
Report on Form 10-K for the fiscal year ended December 31, 1997)
4.6
Damark International, Inc. 1998 Stock Option Agreement with Stephen J. Hemsley, as amended (1998 Nonqualified Stock Option Plan, as ammended) (incorporated by reference to Exhibit 10.12 and Exhibit
 10.22 filed as part of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 1998)
4.7
Damark International, Inc. Restated 1998 Non-Employee Director Stock Purchase Plan (1998 Non-Employee Director Stock Purchase Plan) (incorporated by reference to Exhibit 10.13 filed as part of the Company's
Annual Report on Form 10-K for the fiscal year ended December 31, 1998)
5.1
Opinion of Kaplan, Strangis and Kaplan, P.A.
23.1
Consent of Kaplan, Strangis and Kaplan, P.A. (included in Exhibit 5.1)
23.2
Consent of Arthur Andersen LLP
24.1
Powers of Attorney
Item 9:  Undertakings
Rule 415 Offering.
The Company hereby undertakes:
(1) To
file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:
(i)
To
include any prospectus required by section 10(a)(3) of the Securities Act of 1933;
(ii)
To
reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most
post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement. Notwithstanding the
foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high
end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price
represent no more than a
20% change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective registration statement;
(iii)
To
include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any
material change to such information in the Registration Statement;
provided, however
, that paragraphs (i) and (ii) do not apply if the information required to be included in a post-effective
amendment by those paragraphs is contained in periodic reports filed with or furnished to the Commission by the Company pursuant to Section 13 or Section 15(d) of the Exchange Act that
are incorporated by reference in this Registration Statement.
(2) That,
for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered herein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(3) To
remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the
offering.
Incorporation of Subsequent Exchange Act Documents by Reference.
The Company hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the Company's annual report
pursuant to Section 13(a) or Section 15(d) of the Exchange Act that is incorporated by reference in the Registration Statement shall be deemed to be a new registration statement relating
to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
Form S-8 Registration Statement.
Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the
Company pursuant to the foregoing provisions, or otherwise, the Company has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Act and
is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Company of expenses incurred or paid by a director, officer or
controlling person of the Company in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being
registered, the Company will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.
SIGNATURES
The Registrant.
Pursuant to the requirements of the Securities Act of 1933, the Company certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of Minneapolis, State of Minnesota, on November 22, 1999.
DAMARK INTERNATIONAL, INC.
By:
/s/
MARK A. COHN
Mark A. Cohn
Chairman, President and Chief Executive Officer
Pursuant
to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.
Name
Title
Date
/s/
MARK A. COHN
Mark A. Cohn
Chief Executive Officer, Chairman of the Board and President
November 22, 1999
/s/
STEPHEN P. LETAK
Stephen P. Letak
Executive Vice President and Chief Financial Officer
November 22, 1999
*
Thomas A. Cusick
Director
November 22, 1999
*
Jack W. Eugster
Director
November 22, 1999
*
Harold Roitenberg
Director
November 22, 1999
*
Ralph Strangis
Director
November 22, 1999
*
Joel N. Waller
Director
November 22, 1999
*
Stephen J. Hemsley
Director
November 22, 1999
*By:
/s/
MARK A. COHN
Mark A. Cohn
Attorney-in-Fact
As attorney-in-fact for the above officers and directors marked by an asterisk.
November 22, 1999
EXHIBIT INDEX
Exhibit
Number
Description of Exhibit
Sequentially
Numbered Page
4.1*
Restated Articles of Incorporation of the Company (incorporated by reference to Exhibit 3.1 filed as part of the Company's Registration Statement on Form S-1 (No. 33-45056))
4.2
Certificate of Designation, Preferences and Rights of Series C Junior Participating Preferred Stock.
4.3*
Amended and Restated By-laws of the Company
4.4*
Damark International, Inc. 1991 Stock Option Plan, as amended
4.5*
1998 Nonqualified Stock Option Plan
4.6*
1998 Nonqualified Stock Option Plan, as amended
4.7*
1998 Restated Non-Employee Director Stock Purchase Plan
5.1
Opinion of Kaplan, Strangis and Kaplan, P.A.
23.1
Consent of Kaplan, Strangis and Kaplan, P.A. (included in Exhibit 5.1)
23.2
Consent of Arthur Andersen LLP
24.1
Powers of Attorney
*
Previously
filed
QuickLinks
EXPLANATORY NOTE
Part II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3: Incorporation of Documents by Reference
Item 4: Description of Securities
Item 5: Interests of Named Experts and Counsel
Item 6: Indemnification of Directors and Officers
Item 7: Exemption from Registration Claimed
Item 8: Exhibits
Item 9: Undertakings
SIGNATURES
EXHIBIT INDEX