Current Report Filing (8-k)
July 19 2018 - 8:02AM
Edgar (US Regulatory)
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
Date of Report (Date of earliest event
reported): July 19, 2018
ALLIANCE MMA, INC.
(Exact name of registrant as specified
in its charter)
Delaware
|
001-37899
|
47-5412331
|
(State or Other Jurisdiction of
Incorporation)
|
(Commission
File Number)
|
(IRS Employer
Identification No.)
|
590 Madison Avenue, 21st Floor
New York, New York 10022
(Address of principal executive offices
and zip code)
Registrant’s telephone number,
including area code: (212) 739-7825
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligations 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))
|
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.
¨
Item 8.01. Other Events.
Clarification of Class Action Settlement
Notice of July 16, 2018
The company would like to clarify that
the announcement by The Rosen Law Firm, P.A., dated July 16, 2018, was an update regarding the settlement process for the previously
filed and settled lawsuit. The announcement was not notice of a new action against AMMA.
Pursuant to the order of
the United States District Court for the District of New Jersey (the “Court”), the Court will hold a hearing on October
15, 2018 (the “Settlement Hearing”) for the purpose of determining: (1) whether the proposed settlement consisting
of the sum of $1,550,000 (the “Settlement”), which was preliminarily approved by the Court on June 28, 2018, should
be finally approved by the Court as fair, reasonable, and adequate; (2) whether the proposed plan to distribute the settlement
proceeds is fair, reasonable, and adequate; (3) whether the application for an award of attorneys’ fees of up to $516,666.66,
or one-third (33 ⅓%) of the Settlement Amount, reimbursement of litigation expenses of no more than $25,000, and an award to
the Lead Plaintiffs not to exceed $15,000, should be approved; and (4) whether the class action should be dismissed with prejudice.
This order of the Court
pertains to the
previously
filed action; no new action has been filed against the Company.
The Company believes that
the Settlement and related matters will be finally approved by the Court at the Settlement Hearing.
The Company believes that
the full amount of the Settlement, plus related costs and expenses, will be paid for by the Company’s directors and officer’s
liability insurance policy, subject to the applicable policy deductible of $250,000 and by the Company’s underwriter.
******************
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.
|
ALLIANCE MMA, INC.
|
|
|
|
|
|
|
|
By:
|
/s/ John Price
|
|
|
|
John Price
|
|
|
|
Co-President, Chief Financial Officer
|
|
|
|
|
Dated: July 19, 2018
|
|
|
|
SCWorx (NASDAQ:WORX)
Historical Stock Chart
From Aug 2024 to Sep 2024
SCWorx (NASDAQ:WORX)
Historical Stock Chart
From Sep 2023 to Sep 2024