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EX-99.1 - PRESS RELEASE DATED APRIL 13, 2020 - Harvest Capital Credit Corpea120631ex99-1_harvestcap.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 13, 2020

Harvest Capital Credit Corporation

(Exact name of registrant as specified in its charter)

 

         

Delaware

 

001-35906

 

46-1396995

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

767 Third Avenue, 29th Floor

New York, NY 10017

(Address of principal executive offices and zip code)

Registrant’s telephone number, including area code: (212) 906-3589

Not Applicable

Former name or former address, if changed since last report

 

Check the appropriate box below if the Form 8-K 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 Act:

 

Title of each class  Trading Symbol(s)  Name of each exchange on which registered
Common stock, par value of $0.001 per share  HCAP  NASDAQ Global Market
6.125% Notes due 2022  HCAPZ  NASDAQ Global Market

 

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 13, 2020, Harvest Capital Credit Corporation (the “Company”) issued a press release announcing that its Board of Directors (the “Board”) has taken action to defer the record dates and payments of the Company’s March 2020 and April 2020 monthly dividends.

On March 12, 2020, the Company announced monthly distributions of $0.08 per share payable on each of April 30, 2020 (the “March 2020 Dividend”) and May 28, 2020 (the “April 2020 Dividend”) to record holders as of April 23, 2020, and May 21, 2020, respectively. Given the recent economic and financial disruptions caused by the COVID-19 pandemic, the Board has decided to defer the record date and payment of each of the March 2020 Dividend and the April 2020 Dividend until such later time as the Board determines is prudent in light of the Company’s capital needs and contractual obligations, and in the best interests of the Company and its stockholders.

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 dated April 13, 2020

 

   

1

 

 

 

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.

 

Date: April 13, 2020   HARVEST CAPITAL CREDIT CORPORATION
   
  By:  /s/ William E. Alvarez, Jr.
 

Name:

Title:

William E. Alvarez, Jr.
Chief Financial Officer, Chief Compliance Officer & Secretary

 

 

 

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