Current Report Filing (8-k)
March 22 2021 - 4:31PM
Edgar (US Regulatory)
0001642453
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0001642453
2021-03-18
2021-03-18
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xbrli:shares
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UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the
Securities Exchange Act of 1934
March 18, 2021
Date
of Report (Date of earliest event reported)
DASEKE, INC.
(Exact name of
registrant as specified in its charter)
Delaware
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001-37509
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47-3913221
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(State or other jurisdiction of
incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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15455 Dallas Parkway, Suite 550
Addison, Texas
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75001
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrant’s
Telephone Number, Including Area Code: (972) 248-0412
Not Applicable
(Former name or
former address, if changed since last report)
Check the appropriate box below if
the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions:
¨ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)
Securities registered pursuant to Section 12(b) of
the Act:
Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Common Stock, par value $0.0001 per share
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DSKE
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The NASDAQ Capital Market
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Indicate by check mark whether the
registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter)
or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
¨ Emerging
growth company
If an emerging growth company,
indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the Exchange
Act ¨
As
previously disclosed, on December 23, 2020, Daseke, Inc. (the “Company”) entered into a board agreement (the
“Don R. Daseke Agreement”) with The Walden Group, Inc. and Don R. Daseke, pursuant to which, among other things, the
Company agreed to initiate a share repurchase program to repurchase a minimum of 3,000,000 shares of the Company’s common
stock, par value $0.0001 per share (“Common Stock”), subject to the terms and conditions set forth in the Don R. Daseke
Agreement.
On March 18, 2021,
the Company’s Board of Directors (the “Board”) approved a stock repurchase program (the “Stock Repurchase
Program”) pursuant to which the Company is authorized to repurchase up to 3,000,000 shares of Common Stock. Repurchases under
the Stock Repurchase Program may be made, from time to time, in amounts and at prices the Company deems appropriate and may be
made pursuant to a trading plan intended to qualify under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Repurchases
by the Company under the Stock Repurchase Program will be subject to general market and economic conditions, applicable legal requirements
and other considerations, and the Stock Repurchase Program may be suspended, modified or discontinued by the Board at any time
without prior notice.
A copy of the press release announcing the
Stock Repurchase Program is filed herewith as Exhibit 99.1 and is incorporated herein by reference.
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Item 9.01.
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Financial Statements and Exhibits.
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(d) Exhibits.
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.
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DASEKE, INC.
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Date: March 22, 2021
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By:
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/s/ Soumit Roy
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Name:
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Soumit Roy
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Title:
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Chief Legal Officer, General Counsel
and Corporate Secretary
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