Greystone Logistics Files 8-K on Financials

TL;DR

GLGI filed an 8-K today detailing financial condition and operations.

AI Summary

Greystone Logistics, Inc. filed an 8-K on April 17, 2024, reporting on its results of operations and financial condition. The filing also includes Regulation FD disclosures and financial statements and exhibits. The company is incorporated in Oklahoma and its principal executive offices are located in Tulsa.

Why It Matters

This 8-K filing provides an update on Greystone Logistics' financial performance and operational status, which is crucial for investors to assess the company's health and future prospects.

Risk Assessment

Risk Level: low — This filing is a routine 8-K reporting financial information and does not appear to contain any significant negative developments.

Key Players & Entities

• GREYSTONE LOGISTICS, INC. (company) — Registrant
• Oklahoma (jurisdiction) — State of incorporation
• Tulsa, Oklahoma (location) — Principal executive offices
• April 17, 2024 (date) — Date of report

FAQ

Filing Documents

• glgi20240417_8k.htm (8-K) — 26KB
• ex_655247.htm (EX-99.1) — 20KB
• 0001437749-24-012296.txt ( ) — 169KB
• glgi-20240417.xsd (EX-101.SCH) — 3KB
• glgi-20240417_def.xml (EX-101.DEF) — 10KB
• glgi-20240417_lab.xml (EX-101.LAB) — 14KB
• glgi-20240417_pre.xml (EX-101.PRE) — 10KB
• glgi20240417_8k_htm.xml (XML) — 2KB

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On April 17, 2024, Greystone Logistics, Inc. (the "Company") issued a press release regarding results of operations for the nine and three months ended February 29, 2024. A copy of the press release dated April 17, 2024, is attached hereto as Exhibit 99.1. The information being furnished hereunder discloses EBITDA, a non-GAAP financial measure within the meaning of Regulation G promulgated by the Securities and Exchange Commission. The Company believes that EBITDA is a useful measure of evaluating its financial performance because of its focus on the Company's results from operations before interest, income taxes, depreciation and amortization. EBITDA is utilized for internal analysis of the Company. EBITDA is not a measure of financial performance under GAAP and should not be considered in isolation or as an alternative to other financial measures determined under GAAP. However, EBITDA is commonly used by investors, financial analysts and rating agencies as an alternative measure of evaluating, comparing and rating operating performance. EBITDA presented by the Company may not be comparable to similarly titled measures reported by other companies. The information in this Form 8-K, including exhibits, is being furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be incorporated by reference into any registration statement filed by the Company under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. As noted above in Item 2.02 of this Current Report on Form 8-K, the registrant issued a press release on April 17, 2024. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is being furnished pursuant to Regulation FD.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 99.1 Press Release dated April 17, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES 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. GREYSTONE LOGISTICS, INC. April 17, 2024 By: /s/ R. Brice Dille R. Brice Dille Interim Chief Financial Officer 2

View Full Filing

View this 8-K filing on SEC EDGAR