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EX-99.1 - PRESS RELEASE - GRANDPARENTS.COM, INC. | gpcm_ex991.htm |
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): April 14, 2017
GRANDPARENTS.COM,
INC.
(Exact
Name of Registrant as Specified in Its Charter)
Delaware
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000-21537
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93-1211114
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(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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589 Eighth Avenue
6th Floor
New York, NY 10018
(Address
of principal executive offices, including zip code)
(646)
839-8800
(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 (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))
Item
1.03. Bankruptcy or Receivership.
On
April 14, 2017, Grandparents.com, Inc. (the “Company”)
filed a voluntary petition for relief under Chapter 11 of Title 11
of the United States Bankruptcy Code (the “Bankruptcy
Code”) in the United States Bankruptcy Court for the Southern
District of Florida (Miami Division) (the “Bankruptcy
Court”), In re: Grandparents.com, Inc., Case No. 17-14711
(the “Chapter 11 Filing”). On April 14, 2017,
Grand Card, LLC, a wholly owned subsidiary of the Company
(“Grand Card”) also filed a voluntary petition for
relief under Chapter 11 of the Bankruptcy Code (the “Grand
Card Chapter 11 Filing”). The Company filed a motion
with the Bankruptcy Court requesting that the Chapter 11 Filing and
the Grand Card Chapter 11 Filing (collectively, the
“Cases”) be consolidated for procedural purposes only
and administered jointly.
The
Company and Grand Card will continue to operate their businesses as
“debtors-in-possession” under the jurisdiction of the
Bankruptcy Court and in accordance with the applicable provisions
of the Bankruptcy Code and orders of the Bankruptcy
Court.
On
April 14, 2017, the Company issued a press release announcing the
foregoing. A copy of the press release is filed herewith as
Exhibit 99.1 and is incorporated herein by
reference.
Item
9.01. Financial Statement and
Exhibits.
(d) Exhibits
Exhibit No.
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Description
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Press Release, dated April 14,
2017.
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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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April
14, 2017 |
By:
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/s/
Lee
Lazarus
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Lee Lazarus |
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Chief Operating Officer |
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3
EXHIBIT INDEX
Exhibit No.
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Description
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Press Release, dated April 14,
2017.
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4