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) June 27, 2019

 

FlexShopper, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware     001-37945    20-5456087

(State or other jurisdiction

of incorporation)

  (Commission File Number)  

(IRS Employer

Identification No.)

 

901 Yamato Road, Ste. 260

Boca Raton, FL

  33431
(Address of principal executive offices)   (Zip Code)
     
Registrant’s telephone number, including area code   (855) 353-9289

 

 

(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 (see General Instruction A.2. below):

 

☐     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. ☐

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.0001 Par Value   FPAY   The Nasdaq Stock Market LLC
         
Warrants, each to purchase one share of Common Stock   FPAYW   The Nasdaq Stock Market LLC

 

 

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

FlexShopper, LLC, a wholly-owned, direct subsidiary of FlexShopper, Inc. (the “Company”), previously entered into a letter agreement with NRNS Capital Holdings LLC (“NRNS”) pursuant to which FlexShopper LLC issued a subordinated promissory note to NRNS (the “Note”). On June 27, 2019, FlexShopper, LLC amended and restated the Note (the “revised Note”) such that the maturity date of the revised Note was set at June 30, 2021.

 

A copy of the revised Note is filed with this report as Exhibit 10.1 and is hereby incorporated by reference herein. The foregoing description of the revised Note does not purport to be complete and is qualified in its entirety by reference to the full text of such document.

 

Item 9.01. Financial Statements and Exhibits.

 

(d)        Exhibits.

 

Exhibit No.   Description
10.1   Form of Amended and Restated Subordinated Promissory Note issued by FlexShopper, LLC to NRNS Capital Holdings LLC.

 

1

 

 

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.

 

  FlexShopper, Inc.
   
June 28, 2019 By:  /s/ Brad Bernstein
   

Brad Bernstein,

Chief Executive Officer

 

 

2

 

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