COMMAND CENTER, INC. (OTCMKTS:CCNI) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal YearItem 5.03. Amendments to Articles of Incorporation or Bylaws, Change in Fiscal Year.
Effective December 7, 2017, 5:00 pm ET, we filed Articles of Amendment with the Secretary of State of the State of Washington in order to effect a 1-for-12 reverse stock split of our authorized, issued, and outstanding common stock, and our authorized preferred stock. Following the reverse stock split, the number of our authorized shares of common stock will decrease to 8,333,333, and the number of authorized shares of preferred stock will decrease to 416,666. Our outstanding shares of common stock will decrease from approximately 60.6 million to 5.1 million. There are no issued or outstanding shares of preferred stock.
On November 11, 2017, our Board of Directors approved the 1-for-12 reverse stock split ratio and authorized the implementation of the reverse stock split.
The Articles of Amendment are attached to this Current Report on Form 8-K as Exhibit 3.1, and its terms are incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
Articles of Amendment of the Articles of Incorporation of Command Center, Inc., as amended,
filed on November 27, 2017 (filed herewith).
Command Center, Inc. ExhibitEX-3.1 2 ccni_ex31.htm ARTICLES OF AMENDMENT OF THE ARTICLES OF INCORPORATION Blueprint Exhibit 3.1 ARTICLES OF AMENDMENT OF COMMAND CENTER,…To view the full exhibit click
About COMMAND CENTER, INC. (OTCMKTS:CCNI)
Command Center, Inc. is a staffing company. The Company operates primarily in the manual labor segment of the staffing industry. The Company provides on-demand employees for manual labor, light industrial and skilled trades applications. Its customers are primarily small to mid-sized businesses in the wholesale trades, manufacturing, hospitality, construction, retail and auto auction industries. The Company owns and operates approximately 60 on-demand labor stores in over 20 states. In addition to short and longer term temporary work assignments, the Company recruits and places workers in temp-to-hire situations.