SilverSun Technologies Files 8-K with Shareholder Votes and Exhibits

Ticker: QXO-PB · Form: 8-K · Filed: Mar 15, 2024 · CIK: 1236275

Silversun Technologies, Inc. 8-K Filing Summary
FieldDetail
CompanySilversun Technologies, Inc. (QXO-PB)
Form Type8-K
Filed DateMar 15, 2024
Risk Levellow
Pages5
Reading Time5 min
Key Dollar Amounts$0.00001, $1,000,000,000, $900,000,000
Sentimentneutral

Sentiment: neutral

Topics: 8-K, corporate-actions, financial-statements

Related Tickers: SSNT

TL;DR

SilverSun Tech (SSNT) filed an 8-K on 3/15, covering shareholder votes and financial exhibits.

AI Summary

SilverSun Technologies, Inc. filed an 8-K on March 15, 2024, reporting on matters submitted to a vote of security holders and other events. The filing includes financial statements and exhibits, with the earliest event reported as March 14, 2024. The company, formerly known as TREY RESOURCES INC and TREY INDUSTRIES INC, is incorporated in Delaware and headquartered in East Hanover, NJ.

Why It Matters

This 8-K filing provides updates on corporate actions and financial information for SilverSun Technologies, Inc., which could impact investor decisions.

Risk Assessment

Risk Level: low — The filing is a routine 8-K reporting on corporate events and financial statements, not indicating immediate significant financial distress or major strategic shifts.

Key Players & Entities

  • SilverSun Technologies, Inc. (company) — Registrant
  • TREY RESOURCES INC (company) — Former Company Name
  • TREY INDUSTRIES INC (company) — Former Company Name
  • March 15, 2024 (date) — Filing Date
  • March 14, 2024 (date) — Earliest Event Reported Date

FAQ

What specific matters were submitted to a vote of security holders?

The filing indicates 'Submission of Matters to a Vote of Security Holders' as an item, but the specific details of these matters are not provided in the excerpt.

What are the key financial statements and exhibits included in this filing?

The filing lists 'Financial Statements and Exhibits' as an item, but the specific content of these documents is not detailed in the provided text.

When was SilverSun Technologies, Inc. incorporated?

SilverSun Technologies, Inc. was incorporated in Delaware, as stated in the filing.

What was SilverSun Technologies, Inc. previously named?

The company was formerly known as TREY RESOURCES INC and TREY INDUSTRIES INC.

What is the business address of SilverSun Technologies, Inc.?

The business address is 120 Eagle Rock Ave, East Hanover, NJ 07936.

Filing Stats: 1,374 words · 5 min read · ~5 pages · Grade level 14.1 · Accepted 2024-03-15 07:30:40

Key Financial Figures

  • $0.00001 — h registered Common shares (par value $0.00001 per share) SSNT NASDAQ Indicate b
  • $1,000,000,000 — rs will make an aggregate investment of $1,000,000,000 in cash in the Company, including $900,
  • $900,000,000 — 0,000 in cash in the Company, including $900,000,000 from JPE (the "Equity Investment"). As

Filing Documents

07 Submission of Matters to a Vote of

Item 5.07 Submission of Matters to a Vote of Security Holders. On March 14, 2024, SilverSun Technologies, Inc. (the "Company") held a special meeting of stockholders (the "Special Meeting") to consider certain proposals related to the Investment Agreement, dated as of December 3, 2023 (as it may be amended or supplemented, the "Investment Agreement"), by and among Jacobs Private Equity II, LLC, a Delaware limited liability company ("JPE"), and the other investors party thereto (the "Other Investors," and together with JPE, the "Investors"), pursuant to which the Investors will make an aggregate investment of $1,000,000,000 in cash in the Company, including $900,000,000 from JPE (the "Equity Investment"). As of February 12, 2024, the record date for the Special Meeting (the "Record Date"), there were 5,315,581 shares of common stock, par value $0.00001 per share, of the Company (the "common stock"), each of which was entitled to one vote for each proposal at the Special Meeting. At the Special Meeting, a total of 3,543,404 shares of common stock, representing approximately 66.66% of the outstanding shares issued and entitled to vote, were present virtually or by proxy, constituting a quorum to conduct business. The affirmative vote of a majority of the 5,315,581 shares of common stock outstanding and entitled to vote as of the Record Date was required to approve Proposals 2-8. The affirmative vote of stockholders representing a majority of the votes properly cast by stockholders present in person or represented by proxy at the Special Meeting was required to approve Proposals 1 and 9. The final voting results on the proposals presented for stockholder approval at the Special Meeting are described below. For more information on each of these proposals, see the Company's Definitive Proxy Statement on Schedule 14A filed by the Company with the Securities and Exchange Commission on February 13, 2024 (the "Proxy Statement"). Proposal No. 1: To approve the issuance a

01 Other Events

Item 8.01 Other Events. On March 15, 2024, the Company jointly issued a press release with JPE announcing the results of the Special Meeting. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.

01 Financial Statements and

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press Release, dated March 15, 2024. 104 Cover Page Interactive Data File (formatted as Inline XBRL). 3

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. SILVERSUN TECHNOLOGIES, INC. Date: March 15, 2024 By: /s/ Mark Meller Mark Meller President, Chief Executive Officer 4

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