UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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FORM
CURRENT REPORT
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Item 8.01. | Other Events. |
Western Capital Resources, Inc. (the “Company”) is announcing that on July 18, 2022 it will file a Certification and Notice of Deregistration on Form 15 and thereby effect the deregistration of the Company’s common stock from the reporting requirements under the Securities Exchange Act. The Company previously disclosed in a current report on Form 8-K, dated May 17, 2022, its intention to deregister its common stock. Such Certification and Notice will be immediately effective upon filing, after which time, among other things, the Company will no longer file Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q or Current Reports on Form 8-K. In addition, the Company anticipates that its common stock will no longer be traded on any over the counter market or other recognized public market after the deregistration.
Forward-Looking Statements
Some of the statements made in this report are “forward-looking statements,” as that term is defined under Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based upon our current plans and expectations about future events. Whenever used in this report, the words “believe,” “anticipate,” “intend,” “estimate,” “expect,” “will” and similar expressions, or the negative of such words and expressions, are intended to identify forward-looking statements, although not all forward-looking statements contain such words or expressions. These forward-looking statements generally relate to our plans and expectations with respect to the Deregistration and its timing and our plans and expectation for after the Deregistration is effective. Although we believe that our plans and expectations reflected in or suggested by these forward-looking statements are reasonable, we may not achieve these plans or expectations. We are not undertaking any obligation to update any forward-looking statements even though our situation may change in the future. Specific factors that might cause actual results to differ from our expectations or may affect the value of the common stock, include, but are not limited to, changes in legal requirements or interpretations thereof, with respect to the Deregistration and unexpected changes in the Company’s financial condition in the years following the Deregistration.
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.
Western Capital Resources, Inc. | ||
Date: July 18, 2022 | By: | /s/ John Quandahl |
John Quandahl Chief Executive Officer |