SilverSun Technologies Files 8-K for Regulation FD Disclosure

TL;DR

SilverSun Tech (SSNT) filed an 8-K for a Reg FD disclosure. Details TBD.

AI Summary

SilverSun Technologies, Inc. filed an 8-K on May 24, 2024, to report a Regulation FD Disclosure. The filing does not contain specific financial figures or details about the nature of the disclosure, only that it is a current report.

Why It Matters

This filing indicates that SilverSun Technologies is making a public disclosure under Regulation FD, which requires companies to share material information broadly and simultaneously.

Risk Assessment

Risk Level: low — The filing is a standard procedural disclosure without immediate financial implications or significant new information.

Key Players & Entities

• SilverSun Technologies, Inc. (company) — Registrant
• May 24, 2024 (date) — Date of earliest event reported
• Regulation FD (regulation) — Type of disclosure

FAQ

Key Financial Figures

• $0.00001 — h registered Common shares (par value $0.00001 per share) SSNT The NASDAQ Capital
• $1,000,000,000 — ggregate investment by the Investors of $1,000,000,000 in cash in the Company (collectively, t
• $17,400,000 — idend") in an aggregate amount equal to $17,400,000, payable on June 12, 2024, to holders o
• $26.19 — ividend is expected to be approximately $26.19 (on a post-Reverse Split basis), based
• $3.27 — Dividend amount would be approximately $3.27 per share without giving effect to the

Filing Documents

• ea0206824-8k_silversun.htm (8-K) — 51KB
• 0001213900-24-046416.txt ( ) — 225KB
• ssnt-20240524.xsd (EX-101.SCH) — 3KB
• ssnt-20240524_lab.xml (EX-101.LAB) — 33KB
• ssnt-20240524_pre.xml (EX-101.PRE) — 22KB
• ea0206824-8k_silversun_htm.xml (XML) — 3KB

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K contains forward-looking regarding revenue goals, are forward-looking statements. These statements are based on plans, estimates, expectations and/or goals at the time the statements are made, and readers should not place undue reliance on them. In some cases, readers can identify forward-looking "opportunity," "intend," "plan," "anticipate," "believe," "estimate," "predict," "potential," "target," "goal," or "continue," or the negative of these terms or other comparable terms. Forward-looking statements involve inherent risks and uncertainties and readers are cautioned that a number of important factors could cause actual results to differ materially from those contained in any such forward-looking statements. Factors that could cause actual results to differ materially from those described herein include, among others: uncertainties as to the completion of the Equity Investment and the other transactions contemplated by the Investment Agreement, including the risk that one or more of the transactions may involve unexpected costs, liabilities or delays; risks associated with potential significant volatility and fluctuations in the market price of SilverSun's common stock; risks associated with the Company's relatively low public float, which may result in its common stock experiencing significant price volatility; the possibility that competing transaction proposals for the Company may be made; risks associated with raising additional equity or debt capital from public or private markets to pursue the Company's business plan following the closing of the Equity Investment, including in an amount that may significantly exceed the amount of the Equity Investment, and the e

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: May 24, 2024 By: /s/ Mark Meller Mark Meller President, Chief Executive Officer 5

View Full Filing

View this 8-K filing on SEC EDGAR