Track Group, Inc. Files 8-K for Other Events
Ticker: TRCK · Form: 8-K · Filed: Jul 3, 2024 · CIK: 1045942
| Field | Detail |
|---|---|
| Company | Track Group, Inc. (TRCK) |
| Form Type | 8-K |
| Filed Date | Jul 3, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1,002,975, $1,582,683 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-k, other-events
TL;DR
Track Group filed an 8-K for 'Other Events' on 6/27/24 - details TBD.
AI Summary
On June 27, 2024, Track Group, Inc. filed an 8-K report to disclose other events. The filing does not contain specific details about the nature of these events, dollar amounts, or other named parties.
Why It Matters
This filing indicates that Track Group, Inc. has reported significant events to the SEC, but the lack of detail requires further investigation to understand the implications.
Risk Assessment
Risk Level: medium — The filing is for 'Other Events' without specific details, creating uncertainty about potential impacts.
Key Players & Entities
- Track Group, Inc. (company) — Registrant
- June 27, 2024 (date) — Date of earliest event reported
- 0-23153 (other) — Commission File Number
- Delaware (other) — State of incorporation
- 87-0543981 (other) — IRS Employer Identification No.
- 200 E 5th Ave, Suite 100, Naperville, Illinois 60563 (other) — Address of principal executive offices
- (877) 260-2010 (other) — Registrant's Telephone number
FAQ
What specific events are being reported under 'Other Events' in this 8-K filing?
The filing does not specify the nature of the 'Other Events' beyond the general categorization.
When was the earliest event reported in this filing?
The earliest event reported was on June 27, 2024.
What is Track Group, Inc.'s Commission File Number?
Track Group, Inc.'s Commission File Number is 0-23153.
Where is Track Group, Inc. incorporated?
Track Group, Inc. is incorporated in Delaware.
What is the principal executive office address for Track Group, Inc.?
The principal executive office address is 200 E 5th Ave, Suite 100, Naperville, Illinois 60563.
Filing Stats: 501 words · 2 min read · ~2 pages · Grade level 12.7 · Accepted 2024-07-03 14:09:09
Key Financial Figures
- $1,002,975 — d to pay 950,600,000 CLP (approximately $1,002,975 USD based on the exchange rate as of th
- $1,582,683 — taling 1,500,035,181 CLP (approximately $1,582,683 USD based on the exchange rate as of th
Filing Documents
- trkg20240702_8k.htm (8-K) — 20KB
- 0001437749-24-022143.txt ( ) — 138KB
- trck-20240627.xsd (EX-101.SCH) — 3KB
- trck-20240627_def.xml (EX-101.DEF) — 10KB
- trck-20240627_lab.xml (EX-101.LAB) — 14KB
- trck-20240627_pre.xml (EX-101.PRE) — 10KB
- trkg20240702_8k_htm.xml (XML) — 2KB
01 Other Events
Item 8.01 Other Events. On June 27, 2024 (the " Effective Date "), Track Group Chile SpA. (" Track Chile "), a wholly-owned subsidiary of Track Group, Inc. (the " Company "), entered into a settlement agreement (the " Agreement ") with the Government of Chile (" Customer ") (together, the " Parties "), whereby the Parties dismissed further legal and equitable issues between or among the Parties, including all asserted and existing claims asserted against Track Chile and the Company, and any related claims, and any potential claims related to the Parties' disputes arising on or before the date hereof. In connection with the Agreement, Track Chile agreed to pay 950,600,000 CLP (approximately $1,002,975 USD based on the exchange rate as of the Effective Date) (" Settlement Payment ") to Customer in full satisfaction of the Dispute, and in consideration, Customer committed to return to Track Chile its performance bond in full, totaling 1,500,035,181 CLP (approximately $1,582,683 USD based on the exchange rate as of the Effective Date), within two days of receipt of the Settlement Payment.
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. TRACK GROUP, INC. Date: July 3, 2024 By: /s/ James A. Berg James A. Berg Chief Financial Officer