Current Report Filing (8-k)
September 21 2017 - 8:58AM
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):
September 21, 2017
_____________________
VERSO
CORPORATION
(Exact name of registrant as specified in
its charter)
Delaware
|
|
001-34056
|
|
75-3217389
|
(State or other jurisdiction
of incorporation)
|
|
(Commission
File Number)
|
|
(IRS Employer
Identification Number)
|
8450 Gander Creek Drive
Miamisburg, Ohio 45342
(Address, including zip code, of principal
executive offices)
(877) 855-7243
(Registrants’ telephone number, including
area code
)
_______________________
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))
|
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.
On September 21, 2017,
the Board of Directors (the “Board”) of Verso Corporation (“Verso” or the “Company”) formed
a Strategic Alternatives Committee (the “Committee”), comprised of the following members of the Board: Alan J.
Carr, Eugene I. Davis (Chairman) and Steven D. Scheiwe. The Board has authorized the Committee, with the assistance of Houlihan
Lokey Capital, Inc., the Company’s financial advisor, to lead Verso’s continuing efforts to identify and evaluate a
range of potential strategic transaction alternatives, including the possible sale of some Verso mills, engage in discussions and
oversee the due diligence process with parties potentially interested in transactions with the Company, and recommend to the Board
whether any proposed transaction is in the best interests of the Company and its stockholders. On September 21, 2017 the
Company issued a press release announcing the formation of the Committee. A copy of the press release is attached hereto as Exhibit
99.1.
Item 9.01 Financial
Statements and Exhibits.
(d) Exhibits
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.
Date: September 21,
2017
|
VERSO CORPORATION
|
|
|
|
|
|
|
|
By:
|
/s/ Allen J. Campbell
|
|
|
Allen J. Campbell
|
|
|
Senior Vice President and Chief Financial Officer
|
EXHIBIT INDEX
Verso (NYSE:VRS)
Historical Stock Chart
From Apr 2024 to May 2024
Verso (NYSE:VRS)
Historical Stock Chart
From May 2023 to May 2024