HOUSTON WIRE & CABLE COMPANY (NASDAQ:HWCC) Files An 8-K Completion of Acquisition or Disposition of Assets

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HOUSTON WIRE & CABLE COMPANY (NASDAQ:HWCC) Files An 8-K Completion of Acquisition or Disposition of Assets
Item 2.01. Completion of Acquisition or Disposition of Assets.

This amendment No. 1 amends the Current Report on Form 8-K filed by Houston Wire & Cable Company (“HWC”) on October 5, 2016 (the “October 8-K”) reporting HWC’s acquisition of Vertex Corporate Holdings, Inc. and its subsidiaries (“Vertex”) from DXP Enterprises Inc.

Item 9.01. Financial Statements and Exhibits.

HWC has engaged independent public accountants to perform the audit of the financial statements of Vertex for the year ended December 31, 2015, incorporating the balance sheet at that date and the income and cash flow statements for the twelve months then ended. The audit work is still in progress, so additional time will be needed to complete the audit and a final Form 8-K/A including the necessary financial statements and exhibits will be filed at that time.

 
About HOUSTON WIRE & CABLE COMPANY (NASDAQ:HWCC)

Houston Wire & Cable Company is a holding company. The Company is engaged in provision of electrical and mechanical wire and cable, hardware and related services. It operates through sales of wire and cable, hardware and related services segment in the United States market. Its cable management program includes purchasing and storing inventory for product availability. The Company offers products in categories of wire and cable, including continuous and interlocked armor cable; control and power cable; electronic wire and cable; flexible and portable cord; instrumentation and thermocouple cable; lead and high temperature cable; medium voltage cable; premise and category wire and cable; primary and secondary aluminum distribution cable, and synthetic fiber rope slings, chain, shackles, and other related hardware. The Company also offers private branded products, including its brand LifeGuard, a low smoke zero halogen (LSZH) cable. Its products are used in repair and replacement work.

HOUSTON WIRE & CABLE COMPANY (NASDAQ:HWCC) Recent Trading Information

HOUSTON WIRE & CABLE COMPANY (NASDAQ:HWCC) closed its last trading session down -0.05 at 6.75 with 37,980 shares trading hands.