Current Report Filing (8-k)
December 22 2017 - 2:47PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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)
December 22, 2017
CROSSROADS LIQUIDATING TRUST
(Exact name of registrant as specified
in its chapter)
Maryland
|
|
000-53504
|
|
82-6403908
|
(State or other jurisdiction
Of incorporation)
|
|
(Commission
File Number)
|
|
(IRS Employer
Identification No.)
|
128 N. 13
th
Street, Suite
#1100
Lincoln, Nebraska 68508
(Address of principal executive offices
and zip code)
Registrant’s telephone number, including
area code
(402) 261-5345
Check the appropriate box below if the Form 8-K is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communication pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
☐ Solicitation 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 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange
Act of 1934 (17 CFR §240.12b-2).
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. ☐
Crossroads Liquidating
Trust (the “Trust”) has been notified that Harvest Power, Inc. (“Harvest Power”), a portfolio company investment,
completed a merger transaction with a third party on November 13, 2017. In the merger transaction, all issued and outstanding shares
of preferred stock and common stock of Harvest Power were cancelled in exchange for merger consideration for allocation to the
holders thereof in accordance with the company’s charter.
The Trust is expected
to receive approximately $7,043 in merger consideration, with the potential to receive certain contingent payments over a four-year
period. The estimated liquidation value of the Trust’s position in Harvest Power was $1,340,000 prior to the merger transaction.
As a result of the merger transaction, the Trust no longer owns any investments in Harvest Power.
This Current Report
on Form 8-K may contain statements of a forward-looking nature relating to future events. These forward-looking statements are
subject to the inherent uncertainties in predicting future results and conditions. These statements reflect Crossroads Liquidating
Trust’s current beliefs, and a number of important factors could cause actual results to differ materially from those expressed
in this Current Report. Except as required by the federal securities laws, Crossroads Liquidating Trust undertakes no obligation
to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise.
SIGNATURE
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.
|
CROSSROADS LIQUIDATING TRUST
|
|
|
|
|
|
|
Date: December 22, 2017
|
By:
|
/s/ Ben H. Harris
|
|
|
Ben H. Harris
|
|
|
Administrator
|
Crossroads Capital, Inc. (NASDAQ:XRDC)
Historical Stock Chart
From Jun 2024 to Jul 2024
Crossroads Capital, Inc. (NASDAQ:XRDC)
Historical Stock Chart
From Jul 2023 to Jul 2024