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EX-99.1 - EXHIBIT 99.1 - EKIMAS Corpasnb8k_ex99z1.htm

 

 

 

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): April 6, 2020 (April 6, 2020)

 

EKIMAS CORPORATION

(Exact Name of Registrant as Specified in Charter)

 

Delaware

 

001-11737

 

04-3186647

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

95 Washington Street #154, Canton, Massachusetts

 

02021

(Address of principal executive offices)

 

(Zip Code)

 

Issuer’s telephone number (508) 523-3141

 

ADVANSOURCE BIOMATERIALS CORPORATION

229 Andover Street, Wilmington, Massachusetts 01887

(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:

 

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))

 

Securities registered pursuant to Section 12(b) of the Exchange Act:

 

Title of each class

 

Trading Symbol(s)

 

Name of each exchange on which registered

Common Stock, par value $0.001 per share

 

ASNB

 

Not applicable

 

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

 

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 8.01. Other Events.

 

On April 6, 2020, EKIMAS Corporation (formerly known as AdvanSource Biomaterials Corporation) (the “Company”), announced that the Company’s Board of Directors approved a special cash distribution of $0.18 per share at its April 3, 2020 meeting. The cash distribution is payable on April 23, 2020 to shareholders of record as of April 16, 2020. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

 

Item 9.01. Financial Statements and Exhibits.

 

 

(d)

Exhibits.

 

Exhibit No.

 

Description

99.1

 

Press Release Announcing Special Cash Distribution, dated April 6, 2020


 

 

SIGNATURE

 

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.

 

 

EKIMAS CORPORATION

 

 

Dated: April 6, 2020

/s/ Michael F. Adams

 

Michael F. Adams

 

President and Chief Executive Officer