Form 8-K - Current report
May 24 2024 - 8:30AM
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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
Date
of Report (Date of earliest event reported): May 24, 2024
MDWerks,
Inc.
(Exact
name of registrant as specified in its charter)
Delaware |
|
000-56299 |
|
33-1095411 |
(State or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS Employer
Identification No.) |
411 Walnut Street, Suite 20125
Green Cove Springs, FL |
|
32043 |
(Address
of principal executive offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code: (252) 501-0019
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)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
N/A |
|
N/A |
|
N/A |
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
7.01. Regulation FD Disclosure.
On
May 24, 2024, MDWerks, Inc., (the “Company”) issued a press release announcing that the has failed to timely file
its Form 10-K for the fiscal year ended December 31, 2024, but is working diligently to file its Form 10-K report as soon as possible,
in order to regain its status as a Pink Current Company with OTC Markets Group, Inc.
The
information included in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for purposes
of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities
of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended,
or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. The information set forth under this
Item 7.01 shall not be deemed an admission as to the materiality of any information in this Current Report on Form 8-K that is required
to be disclosed solely to satisfy the requirements of Regulation FD.
Item
9.01. Financial Statements and Exhibits.
(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.
|
MDwerks,
Inc. |
|
|
Date:
May 24, 2024 |
By: |
/s/
Steven C. Laker |
|
Name: |
Steven
C. Laker |
|
Title: |
Chief
Executive Officer |
Exhibit
99.1
MDWerks
Common Stock Transitions to OTC Expert Market
May
22, 2024
Green
Cove Springs, FL – May 24, 2024 – MDWerks, Inc. (“MDWerks” or the “Company”), a
forward-thinking company leading the charge in the world of sustainable technology, today announced
that its common stock has transitioned to trading on the OTC Expert Market, where it can be found under
the ticker symbol “MDWK,” because the Company has not timely filed its Annual Report on Form 10-K for the fiscal year
ended December 31, 2023 (the “Form 10-K”) with the Securities and Exchange Commission (the “SEC”).
As
previously reported in the Company’s Notification of Late Filing on Form 12b-25 filed with the SEC on April 1, 2024 (the “Form
12b-25”), the Company was unable to file its Form 10-K within the prescribed period because the Company requires more time to complete
the procedures relating to its year-end process, including the completion of the audit of the Company’s financial statements by
the Company’s independent auditors for inclusion in the Form 10-K. Subsequent to filing the Form 12b-25, the Company has continued
to dedicate significant resources to the completion of such procedures.
The
Company is working diligently to complete the necessary work to file the Form 10-K as soon as practicable in order to restore its trading
status on OTC Markets Pink Market.
FORWARD-LOOKING
STATEMENTS: This release contains “forward-looking statements”. Forward-looking statements also may be included in other
publicly available documents issued by MDWK and in oral statements made by our officers and representatives from time to time. These
forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial
performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate,”
“intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,”
“expect,” “strategy,” “future,” “likely,” “may,” “should,” “would,”
“could,” “will” and other words of similar meaning in connection with a discussion of future operating or financial
performance.
Examples
of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations,
uses of cash and other measures of financial performance.
Because
forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause MDWK’s
actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks,
uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations,
demand for MDWK’s products and services, the effects of competition and other factors that could cause actual results to differ
materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release
should be considered with these factors in mind. We
caution investors not to rely unduly on any forward-looking statements and urge you to carefully consider the risks described in our
filings with the Securities and Exchange Commission from time to time, including our most recent Annual Report on Form 10-K and subsequent
Quarterly Reports on Forms 10-Q and Current Reports on Form 8-K, which are available on the Securities and Exchange Commission’s
website at sec.gov. We assume no obligation to update any forward-looking statements contained
in this press release
Contact:
MDWerks,
Inc.
info@mdwerks.com
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