STAFFING 360 SOLUTIONS, INC. (NASDAQ:STAF) Files An 8-K Results of Operations and Financial Condition
Item 2.02Results of Operations and Financial Condition.
On April 13, 2017, Staffing 360 Solutions, Inc. (the Company)
issued the press release attached hereto as Exhibit 99.1 and
incorporated by reference herein.
In accordance with General Instruction B.2 of Form 8-K, the
information in this Current Report on Form 8-K, including Exhibit
99.1, is being furnished to Item 2.02 and shall not be deemed
filed for the purposes of Section 18 of the Securities Exchange
Act of 1934, as amended (the Exchange Act), or otherwise subject
to the liabilities of that section, nor shall it be deemed
incorporated by reference in any filing under the Exchange Act or
the Securities Act of 1933, as amended, except as shall be
expressly set forth by reference in such a filing.
Forward-Looking Statements
Certain matters discussed within this communication are
forward-looking statements. These statements may be identified by
words such as expect, look forward to, anticipate intend, plan,
believe, seek, estimate, will, project or words of similar
meaning.Although the Company believes the expectations reflected
in such forward-looking statements are based on reasonable
assumptions, it can give no assurance that its expectations will
be attained.Actual results may vary materially from those
expressed or implied by the statements herein, including the goal
of achieving annualized revenues of $300 million, due to the
Companys ability to successfully raise sufficient capital on
reasonable terms or at all, to consummate additional target
acquisitions, to successfully integrate any newly acquired
companies, to organically grow its business, to successfully
defend any potential future litigation, changes in local or
national economic conditions, the Companys ability to comply with
its contractual covenants, including in respect of its debt, as
well as various additional risks, many of which are unknown at
this time and generally out of the Companys control, and which
are detailed from time to time in Staffing 360 Solutions reports
filed with the SEC, including quarterly reports on Form 10-Q,
reports on Form 8-K and annual reports on Form 10-K.The Company
does not undertake any duty to update any statements contained
herein (including any forward-looking statements), except as
required by law.
Additional Information for Stockholders
In connection with our proposed change in domicile from Nevada to
Delaware, the issuance of shares to Jackson Investment Group, LLC
and the potential future issuance of shares in an equity
offering, the Company has filed a preliminary proxy statement and
will file a definitive proxy statement and other materials with
the Securities Exchange Commission (SEC). In addition, the
Company may also file other relevant documents with the SEC
regarding these proposals. INVESTORS AND SECURITY HOLDERS ARE
URGED TO READ THE PROXY STATEMENT(S) AND OTHER DOCUMENTS THAT
HAVE BEEN OR MAY BE FILED WITH THE SEC CAREFULLY AND IN THEIR
ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL
CONTAIN IMPORTANT INFORMATION.
Investors and security holders may obtain a free copy of the
proxy statement(s) (when available) and other documents filed
with the SEC by the Company, at our website,
staffing360solutions.com, or at the SECs website, www.sec.gov.The
proxy statement(s) and other relevant documents may also be
obtained for free from Staffing 360 Solutions, Inc. by writing to
Staffing 360 Solutions, Inc., 641 Lexington Avenue,
27th Floor, New York, NY 10022 Attention: Investor
Relations.
Participants in the Solicitation
The Company and its directors and executive officers may be
deemed to be participants in the solicitation of proxies from
stockholders in connection with the matters discussed above.
Information about our directors and executive officers is set
forth in our transition report on Form 10-K/T for the transition
period ended December 31, 2016, which was filed with the SEC on
April 12, 2017. This document can be obtained free of charge from
the sources indicated above. Information regarding the ownership
of our directors and executive officers in our shares of common
stock, restricted stock and options is included in our SEC
filings on Forms 3, 4, and 5, which can be found through the SECs
website at www.sec.gov.Other information regarding the
participants in the proxy solicitation and a description of their
direct and indirect interests, by security holdings or otherwise,
is contained in the preliminary proxy statement and will also be
contained in the definitive proxy statement and other relevant
materials to be filed with the SEC when they become available.
Item 8.01 Other Events.
On April 13, 2017, the Company issued the press release attached
hereto as Exhibit 99.1 and incorporated by reference herein.
Item 9.01Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. |
Description |
99.1 |
Press Release, dated April 13, 2017 (furnished herewith |
About STAFFING 360 SOLUTIONS, INC. (NASDAQ:STAF)
Staffing 360 Solutions, Inc. operates in the staffing sector. The Company is engaged in the execution of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations in the United States and the United Kingdom. Its targeted consolidation model is focused on the finance and accounting, administrative, engineering and information technology (IT) staffing space. STAFFING 360 SOLUTIONS, INC. (NASDAQ:STAF) Recent Trading Information
STAFFING 360 SOLUTIONS, INC. (NASDAQ:STAF) closed its last trading session down -0.030 at 0.920 with shares trading hands.