ALASKA COMMUNICATIONS SYSTEMS GROUP, INC. (NASDAQ:ALSK) Files An 8-K Entry into a Material Definitive Agreement

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ALASKA COMMUNICATIONS SYSTEMS GROUP, INC. (NASDAQ:ALSK) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement.

In connection with the adoption of the Section382 Tax Benefits Preservation Plan described in Item 1.01 above, the Board approved a Certificate of Designation, Preferences, and Rights of Series A Junior Participating Preferred Stock of Alaska Communications Systems Group, Inc.(the “Certificate of Designation”). The Company intends to file the Certificate of Designation with the Secretary of State of the State of Delaware on January9, 2018. The Form of Certificate of Designation is attached to this Current Report on Form 8-K as Exhibit 3.1 and is incorporated herein by reference.

Also, on January9, 2018, the Company issued a press release announcing that its Board had approved and adopted a Section382 Tax Benefits Preservation Plan, a copy of which is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.

Item 1.01. Financial Statements and Exhibits.

(d) Exhibits

Seethe ExhibitIndexbelow, which is incorporated by reference herein.

EXHIBIT INDEX


ALASKA COMMUNICATIONS SYSTEMS GROUP INC Exhibit
EX-3.1 2 d520525dex31.htm EX-3.1 EX-3.1 Exhibit 3.1 CERTIFICATE OF DESIGNATION OF SERIES A JUNIOR PARTICIPATING PREFERRED STOCK OF ALASKA COMMUNICATIONS SYSTEMS GROUP,…
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About ALASKA COMMUNICATIONS SYSTEMS GROUP, INC. (NASDAQ:ALSK)

Alaska Communications Systems Group, Inc. is a fiber broadband and managed information technology (IT) services provider. The Company is focused primarily on business and wholesale customers in and out of Alaska. The Company also provides telecommunication services to consumers across Alaska. The Company’s facilities-based communications network extends across Alaska and connects to the contiguous states through its undersea fiber optic cable systems and its usage rights on an undersea system. It serves customers in various areas, such as Business and Wholesale (broadband, voice and managed IT services); Consumer (broadband and voice services), and Other Services (including carrier termination, equipment sales, access services and support services receiving federal support funding). It provides voice and broadband services to residential customers. It provides voice and broadband origination and termination services to inter and intrastate carriers serving its retail customers.