Current Report Filing (8-k)
06 Januar 2021 - 6:53PM
Edgar (US Regulatory)
0001356949 False 0001356949 2020-12-31 2020-12-31 iso4217:USD xbrli:shares iso4217:USD xbrli:shares
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): December 31,
2020
_______________________________
HOUSTON
WIRE & CABLE COMPANY
(Exact name of registrant as specified in its charter)
_______________________________
Delaware
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000-52046
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36-4151663
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(State or Other Jurisdiction of Incorporation)
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(Commission File Number)
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(I.R.S. Employer Identification No.)
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10201
North Loop East
Houston,
Texas 77029
(Address of Principal Executive Offices) (Zip Code)
(713)
609-2100
(Registrant's telephone number, including area code)
Not Applicable
(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:
☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section
12(b) of the Act:
Title of
each class
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Trading Symbol(s)
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Name of each
exchange on which registered
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Common stock, par value $0.001
per share
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HWCC
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The
Nasdaq Stock Market
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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 2.01. Completion of Acquisition or Disposition of Assets.
On December 31, 2020, Houston Wire & Cable Company completed the previously announced sale of substantially all of the assets of
its Southern Wire division to Southern Rigging Companies, LLC for $20 million in cash, subject to a customary post-closing working capital
adjustment.
Item 7.01. Regulation FD Disclosure.
On January 6, 2021, HWCC issued a press release announcing the completion of the Purchase Agreement. A copy of the press release is
attached as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
(b) Pro Forma Financial Information
Pursuant to Item 9.01(b)(2) of Form 8-K, the Company will file by amendment the financial information required by Item 9.01(b) not
later than 71 calendar days after the date this Current Report on Form 8-K must be filed.
(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.
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HOUSTON WIRE & CABLE COMPANY
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Date: January 6, 2021
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By:
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/s/ James L. Pokluda III
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James L. Pokluda III
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President and Chief Executive Officer
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