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WILL 8-K BE FILED RELATING TO CONTRACT STATUS CHAN

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Post# of 13576
(Total Views: 155)
Posted On: 08/20/2022 11:02:46 AM
Posted By: ThreeEmInEn
WILL 8-K BE FILED RELATING TO CONTRACT STATUS CHANGE WITH RI TRANSIT AUTHORITY?

Unless yesterday's 10-Q is inaccurate...where is the 8-K?

Page 5
https://www.sec.gov/files/form8-k.pdf

Item 1.02 Termination of a Material Definitive Agreement.
(a) If a material definitive agreement which was not made in the ordinary course of business of the registrant and to which the registrant is a party is terminated otherwise than by expiration of the agreement on its stated termination date, or as a result of all parties completing their obligations under such agreement, and such termination of the agreement is material to the registrant, disclose the
following information:

(1) the date of the termination of the material definitive agreement, the identity of the parties to the agreement and a brief description of any material relationship between the registrant or its affiliates and any of the parties other than in respect of the material definitive agreement;

(2) a brief description of the terms and conditions of the agreement that are material to the registrant;

(3) a brief description of the material circumstances surrounding the termination;

(4) any material early termination penalties incurred by the registrant.

(b) For purposes of this Item 1.02, the term material definitive agreement shall have the same meaning as set forth in Item 1.01(b) .

1.01(b):
(b) For purposes of this Item 1.01, a material definitive agreement means an agreement that provides for obligations that are material to and enforceable against the registrant , or rights that are material to the registrant and enforceable by the registrant against one or more other parties to the agreement, in each case whether or not subject to conditions.


maybe they missed adding rhode island to operations in the outdoor advertising business with contracts in place in Tallahassee, Florida and in New Jersey on page 9?
https://www.sec.gov/files/form8-k.pdf

imho

cheers



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