SPAR Group Files 8-K
Ticker: SGRP · Form: 8-K · Filed: Oct 16, 2024 · CIK: 1004989
| Field | Detail |
|---|---|
| Company | Spar Group, Inc. (SGRP) |
| Form Type | 8-K |
| Filed Date | Oct 16, 2024 |
| Risk Level | low |
| Pages | 6 |
| Reading Time | 8 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, regulatory-filing
TL;DR
SPAR Group filed an 8-K, looks like a routine filing, no major news.
AI Summary
SPAR Group, Inc. filed an 8-K on October 16, 2024, to report other events and financial statements. The filing does not contain specific details about new material events, acquisitions, or financial results, but rather serves as a procedural update.
Why It Matters
This 8-K filing indicates SPAR Group, Inc. is making a regulatory submission, but it does not disclose new material information that would immediately impact investors.
Risk Assessment
Risk Level: low — The filing is a standard 8-K for 'Other Events' and 'Financial Statements and Exhibits' without detailing specific material changes, suggesting it's procedural.
Key Players & Entities
- SPAR Group, Inc. (company) — Registrant
- October 16, 2024 (date) — Date of Report
- Delaware (jurisdiction) — State of Incorporation
- Auburn Hills, MI (location) — Principal Executive Offices
FAQ
What is the primary purpose of this 8-K filing for SPAR Group, Inc.?
The primary purpose of this 8-K filing is to report 'Other Events' and 'Financial Statements and Exhibits' as of October 16, 2024.
What is the exact date of the earliest event reported in this filing?
The date of the earliest event reported in this filing is October 16, 2024.
In which state is SPAR Group, Inc. incorporated?
SPAR Group, Inc. is incorporated in Delaware.
What is the principal executive office address for SPAR Group, Inc.?
The principal executive office address for SPAR Group, Inc. is 1910 Opdyke Court, Auburn Hills, MI 48326.
Does this 8-K filing disclose any specific new material events or financial results?
No, this 8-K filing does not specify any new material events or financial results; it is categorized under 'Other Events' and 'Financial Statements and Exhibits'.
Filing Stats: 1,913 words · 8 min read · ~6 pages · Grade level 15.3 · Accepted 2024-10-16 16:07:36
Key Financial Figures
- $0.01 — ge on which registered Common Stock , $0.01 par value SGRP The Nasdaq Stock Mark
Filing Documents
- sgrp20241016_8k.htm (8-K) — 39KB
- ex_733196.htm (EX-99.1) — 24KB
- logo.jpg (GRAPHIC) — 14KB
- 0001437749-24-031355.txt ( ) — 224KB
- sgrp-20241016.xsd (EX-101.SCH) — 3KB
- sgrp-20241016_def.xml (EX-101.DEF) — 11KB
- sgrp-20241016_lab.xml (EX-101.LAB) — 15KB
- sgrp-20241016_pre.xml (EX-101.PRE) — 11KB
- sgrp20241016_8k_htm.xml (XML) — 3KB
01. Other Events
Item 8.01. Other Events. The information set forth in the Introductory Note of this Current Report on Form 8-K is incorporated by reference into this Item 8.01. On October 16, 2024, the Corporation issued a press release reminding stockholders of the special meeting of the Corporation to approve the Merger Agreement and the transactions contemplated thereby, including the Merger. A copy of this press release is filed herewith as Exhibit 99.1 and is incorporated into this Current Report on Form 8-K by reference in its entirety.
Forward Looking Statements
Forward Looking Statements This report contains "forward-looking statements" within the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, made by, or respecting, the Corporation. Forward-looking statements include information concerning the proposed acquisition of the Corporation by Parent (the "Proposed Acquisition"). "Forward-looking statements" are defined in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, and other applicable federal and state securities laws, rules and regulations, as amended. All statements (other than those that are purely historical) are forward-looking statements. Words such as "may," "will," "expect," "intend," "believe," "estimate," "anticipate," "continue," "plan," "project," or the negative of these terms or other similar expressions also identify forward-looking statements. Forward-looking statements made by the Corporation in this report may include (without limitation) statements regarding: risks, uncertainties, cautions, circumstances and other factors (" Risks "). Those Risks include (without limitation): the impact of the news of the Proposed Acquisition or developments in it the uncertainty of approval by the Corporation's stockholders and satisfaction of other closing conditions respecting the Proposed Acquisition the impact of the Corporation's continued strategic review process, or any resulting action or inaction, should the Proposed Acquisition not occur the impact of selling certain of the Corporation's subsidiaries or any resulting impact on revenues, earnings or cash the impact of adding new directors or new finance team members the potential negative effects of any stock repurchase and/or payment the potential continuing negative effects of the COVID pandemic on the Company's business the Corporation's potential non-compliance with applicable Nasdaq director independence, bid price or other rules the Company's cas
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits: 99.1 Press Release, dated October 16, 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 thereunto duly authorized. SPAR Group, Inc. Date: October 16, 2024 By: /s/ Michael R. Matacunas Michael R. Matacunas, President & CEO