RADIANT LOGISTICS, INC. (NYSEAMERICAN: RLGT) Files An 8-K Other EventsItem 8.01 Other Events.
On December 6, 2018, Radiant Logistics, Inc. (NYSE American: RLGT), gave notice of its intention to redeem all outstanding shares of its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock (NYSE American: RLGT-PA) (the “Series A Preferred Stock”) on December 21, 2018, to the terms of the Certificate of Designation, Preferences and Rights of 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock.
There are 839,200 shares issued and outstanding of Series A Preferred Stock.The Company will redeem the Series A Preferred Stock for a cash redemption price of $25.00 per share, plus accrued and unpaid dividends to, but not including, the redemption date, without interest.On the redemption date, dividends on the Series A Preferred Stock will cease to accrue and all rights with respect to such stock will cease and terminate, except for the right to receive the redemption payment.Also upon redemption, the Series A Preferred Stock will be delisted from trading on the NYSE American stock exchange.
A copy of the press release announcing the redemption is included as Exhibit 99.1 to this Current Report on Form 8-K, and is incorporated herein by reference.
Item 8.01 Financial Statements and Exhibits
RADIANT LOGISTICS, INC ExhibitEX-99.1 2 rlgt-ex991_6.htm EX-99.1 rlgt-ex991_6.htm Exhibit 99.1 RADIANT LOGISTICS ANNOUNCES Notice of redemption of 9.75% series a cumulative redeemable perpetual preferred stock BELLEVUE,…To view the full exhibit click