Current Report Filing (8-k)
30 Septembre 2022 - 10:04PM
Edgar (US Regulatory)
CHICAGO RIVET & MACHINE CO false
0000019871 0000019871 2022-09-27 2022-09-27
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) September 27,
2022
Chicago
Rivet & Machine Co.
(Exact Name of Registrant as Specified in Charter)
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Illinois |
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000-01227 |
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36-0904920 |
(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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901
Frontenac Road, Naperville, Illinois |
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60563 |
(Address
of Principal Executive Offices) |
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(Zip
Code) |
Registrant’s telephone number, including area code (630) 357-8500
(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):
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☐ |
Written communications 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))
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Securities registered pursuant to Section 12(b) of the
Act:
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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
$1.00 per share |
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CVR |
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NYSE American (Trading
privileges only, not registered) |
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 the 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.
As previously disclosed in a Current Report on Form 8-K filed on August 17, 2022,
Chicago Rivet & Machine Co. (the “Company”) entered into a
Purchase and Sale Agreement (the “PSA”) with Frontenac Properties
LLC (the “Purchaser”) pursuant to which the Company agreed, subject
to the terms and conditions of the PSA, to sell its facility in
Naperville, Illinois, in which the Company headquarters and
warehouse space are located, to the Purchaser. On
September 27, 2022, the Company’s sale of the facility to the
Purchaser was completed for a selling price of $5,350,000 in cash,
less customary closing costs.
The foregoing description of the terms of the PSA does not purport
to be complete and is qualified in its entirety by reference to
such agreement, which is filed herewith as Exhibit 2.1 and
incorporated herein by reference.
Concurrently with the completion of the sale of the Naperville
facility described in Item 2.01 of this report, the Company
and the Purchaser entered into a lease agreement (the “Lease”)
pursuant to which the Company will lease the warehouse portion of
the Naperville facility from the Purchaser until December 31,
2022 and the office portion until June 30, 2023. The monthly
rent payable by the Company under the Lease is $12,500 for the
period from the closing until December 31, 2022 and $8,500 for
the period from January 1, 2023 to June 30, 2023.
Item 9.01. Financial Statements and Exhibits.
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(d) |
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Exhibits
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Exhibit No.
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Description
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2.1 |
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Purchase
and Sale agreement. |
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104 |
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Cover Page Interactive Data File
(formatted in Inline XBRL and contained in Exhibit 101). |
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.
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CHICAGO RIVET & MACHINE CO. |
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Date: September 30, 2022 |
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Michael J. Bourg |
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President and
Treasurer |
Chicago Rivet and Machine (AMEX:CVR)
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De Jan 2023 à Fév 2023
Chicago Rivet and Machine (AMEX:CVR)
Graphique Historique de l'Action
De Fév 2022 à Fév 2023