Steel Connect Inc.
07/30/2021 | Press release | Distributed by Public on 07/30/2021 15:09
Material Definitive Agreement (Form 8-K)
Entry into a Material Definitive Agreement.
On July 26, 2021, Steel Connect, Inc. (the 'Company') held its 2020 Annual Meeting (the 'Annual Meeting'). As previously disclosed in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission (the 'SEC') on July 27, 2021, at the Annual Meeting, the Company's stockholders approved the amendment and three-year extension of the Company's Tax Benefits Preservation Plan (the 'Plan') designed to protect the tax benefits of the Company's net operating loss carryforwards. As a result, the Plan will expire on January 8, 2024. Summaries of the terms of the Plan and its amendment can be found in the Company's Current Reports on Form 8-K filed with the SEC on January 19, 2018 and January 8, 2021, respectively, incorporated herein by reference, as qualified by the full text of the Plan and its amendment, filed as Exhibit 4.1 to the January 2018 Form 8-K and Exhibit 4.2 to the January 2021 Form 8-K, respectively.
Material Modification to Rights of Security Holders.
below is incorporated herein by reference.
Financial Statements and Exhibits.
(d) Exhibits
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Exhibit No.
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Description
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104
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Cover Page Interactive Data File (embedded within the Inline XBRL document).
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