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) March 26, 2020
KORTH DIRECT MORTGAGE INC.
(Exact name of registrant as specified in its charter)
| Florida | 000-1695962 | 27-0644172 |
|
(State or other Jurisdiction |
Commission File Number | (IRS Employer Identification No.) |
| 2937 SW 27th Avenue, Suite 307, Miami, FL 33133 |
| (Address of Principal Executive Offices) |
| Registrant’s telephone number, including area code: | (305) 668-8485 |
| N/A |
| (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):
| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| o | 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) | Name of each exchange on which registered |
| n/a | n/a | n/a |
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 x
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. o
| Item 8.01 | Other Events |
In accordance with Securities Exchange Act of 1934 Release No. 34-88318 March 4, 2020, Order under Section 36 of the Securities Exchange Act of 1934 granting exemptions from specified provisions of the Exchange Act and certain rules thereunder (the “Order”), due to disruptions to transportation and limited access to facilities, support staff, and professional advisors as a result of COVID-19, Korth Direct Mortgage Inc. (the “Company”) is unable to meet the filing deadline for its Annual Report on Form 10-K for the year ended December 31, 2019 (the “Annual Report”), and sets forth the following information.
| (a) | the Company is relying on the Order; |
| (b) | the Company’s staff, working remotely because of the exigencies of COVID-19, has been significantly disrupted and accordingly the Company is unable to file the Annual Report on a timely basis; |
| (c) | the Company estimates that the Annual Report will be filed no later than 45 days after its due date; and |
| (d) | in its Annual Report when filed within the time set forth in subparagraph (c) above, the Company will disclose that it is relying on the Order and will state the reasons why it could not file the Annual Report on a timely basis. |
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.
| Dated: March 26, 2020 | KORTH DIRECT MORTGAGE INC. | |
| By: | /s/ Holly MacDonald-Korth | |
| Holly MacDonald-Korth, President | ||