Form 8-K - Current report
16 Oktober 2023 - 9:01PM
Edgar (US Regulatory)
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2023-10-13
2023-10-13
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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):
October 13, 2023
SILVERSUN TECHNOLOGIES, INC. |
(Exact name of registrant as specified in its charter) |
Delaware |
|
000-50302 |
|
16-1633636 |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(IRS Employer
Identification No.) |
120 Eagle Rock Ave
East Hanover, NJ 07936
(Address of Principal Executive Offices)
(973) 396-1720
Registrant’s telephone number, including
area code
Check the appropriate box below if the 8-K filing is intended to simultaneously
satisfy the filing obligations of the registrant under any of the following provisions:
☐ |
Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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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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☐ |
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) |
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Name of each
exchange on which registered |
Common Stock, par value $0.00001 per share |
|
SSNT |
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The NASDAQ Capital Market |
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. ☐
Item 1.02 Termination of a Material Definitive Agreement.
On October 13, 2023, SilverSun
Technologies, Inc. (the “Company”) terminated the Agreement and Plan of Merger dated as of September 29, 2022 and amended
on each of October 20, 2022; December 21,2022; March 13, 2023; April 28, 2023; July 11, 2023; and September 6, 2023, by and among the
Company, Rhodium Enterprises Acquisition Corp., a Delaware corporation and direct wholly owned subsidiary of the Company, Rhodium Enterprises
Acquisition LLC, a Delaware limited liability company and direct wholly owned subsidiary of the Company, and Rhodium Enterprises, Inc.,
a Delaware corporation (“Rhodium”), (as amended, the “Merger Agreement”). The Merger Agreement was terminated
by the Company pursuant to Section 7.02(a) of the Merger Agreement which provides that the Merger Agreement may be terminated, and the
transactions contemplated thereby abandoned by either the Company or Rhodium at any time before the effective time of the first merger
contemplated by the Merger Agreement, by written notice from the terminating party to the other party if the closing under the Merger
Agreement has not occurred on or before September 30, 2023.The foregoing descriptions of the Merger Agreement and Amendments 1-6 thereto
do not purport to be complete and are qualified in their entirety by reference to the Merger Agreement and Amendments 1-6 thereto, copies
of which are filed as Exhibits 2.1; 2.2; 2.3; 2.4; 2.5; 2.6 and 2.7 to this Current Report on Form 8-K and are incorporated herein by
reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. |
|
Description |
2.1 |
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Agreement and Plan of Merger, by and among SilverSun Technologies, Inc., Rhodium Enterprises Acquisition Corp., Rhodium Enterprises Acquisition LLC, and Rhodium Enterprises, Inc., dated September 29, 2022 (Incorporated herein by reference to Exhibit 2.1 on Form 8-K filed with the SEC on October 3,2022) |
2.2 |
|
Amendment to Agreement and Plan of Merger, by and among SilverSun Technologies, Inc., Rhodium Enterprises Acquisition Corp., Rhodium Enterprises Acquisition LLC and Rhodium Enterprises, Inc., dated as of October 20, 2022 (Incorporated herein by reference to Exhibit 2.2 on Form S-4/A filed with the SEC on January 9, 2023) |
2.3 |
|
Second Amendment to Agreement and Plan of Merger, by and among SilverSun Technologies, Inc., Rhodium Enterprises Acquisition Corp., Rhodium Enterprises Acquisition LLC and Rhodium Enterprises, Inc., dated as of December 21, 2022.(Incorporated herein by reference to Exhibit 2.3 on Form S-4/A filed with the SEC on January 9, 2023) |
2.4 |
|
Third Amendment to Agreement and Plan of Merger, by and among SilverSun Technologies, Inc., Rhodium Enterprises Acquisition Corp., Rhodium Enterprises Acquisition LLC and Rhodium Enterprises, Inc., dated as of March 13, 2023.(Incorporated herein by reference to Exhibit 2.4 on Form 8-K filed with the SEC on March 15, 2023) |
2.5 |
|
Fourth Amendment to Agreement and Plan of Merger, by and among SilverSun Technologies, Inc., Rhodium Enterprises Acquisition Corp., Rhodium Enterprises Acquisition LLC and Rhodium Enterprises, Inc., dated as of April 28, 2023 (Incorporated herein by reference to Exhibit 2.5 on Form S-4/A filed with the SEC on April 28, 2023) |
2.6 |
|
Fifth Amendment to Agreement and Plan of Merger by and among SilverSun Technologies, Inc., Rhodium Enterprises Acquisition Corp., Rhodium Enterprises Acquisition LLC and Rhodium Enterprises, Inc. dated as of July 11, 2023 (Incorporated herein by reference to Exhibit 2.6 on Form 8-K filed with the SEC on July 12 ,2023) |
2.7. |
|
Sixth Amendment to Agreement and Plan of Merger by and among SilverSun Technologies, Inc., Rhodium Enterprises Acquisition Corp., Rhodium Enterprises Acquisition LLC and Rhodium Enterprises, Inc. dated as of September 6, 2023 (Incorporated herein by reference to Exhibit 2.7 on Form 8-K filed with the SEC on September 8, 2023) |
104 |
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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: October 16, 2023
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SILVERSUN TECHNOLOGIES, INC. |
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By: |
/s/ Mark Meller |
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Name: |
Mark Meller |
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Title: |
Chief Executive officer |
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