Risk Factors Update Summary
- The sale price of SGRP Common Stock fluctuated from $1.27 to $0.70 per share.
- The Corporation had a 2022 Stock Repurchase Program, which ended in May 24, 2023.
- The Corporation may have additional time of up to six months under the Securities Exchange Act.
- The Significant Stockholders now beneficially own approximately 62.75% of the SGRP Common Stock.
- After the vesting of their Series B Preferred Stock, the Significant Stockholders will own approximately 52.3% of the SGRP Common Stock.
- The Company reduced the number of countries under a joint venture business structure from 6 to 5.
- The Company entered into an agreement to sell its 51% interest in National Merchandising Services.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1004989&owner=exclude
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