WIDEPOINT CORPORATION (NYSEMKT:WYY) Files An 8-K Entry into a Material Definitive AgreementItem 1.01 Entry into a Material Definitive Agreement.
The information set forth under Item 2.03, “Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant,” is incorporated herein by reference.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
On April 11, 2017, WidePoint Corporation and its subsidiaries entered into a Change in Terms Agreement with Cardinal Bank to extend the maturity date of its existing $6.0 million working capital credit facility from April 30, 2017 to July 31, 2017. No other changes were made to the terms of the working capital credit facility.
Item 9.01(d) Financial Statements and Exhibits
Exhibit 10.1 Change in Terms Agreement between Cardinal Bank and WidePoint Corporation.
About WIDEPOINT CORPORATION (NYSEMKT:WYY)
WidePoint Corporation is a provider of information technology (IT)-based products, services and solutions. The Company offers secure, cloud-based, enterprise-wide IT-based solutions that enable commercial markets, and federal and state government organizations, to deploy fully compliant IT services in accordance with government-mandated regulations and advanced system requirements. The Company offers telecom management services, which include life cycle management of fixed and mobile assets; mobile security management services, which include life cycle fixed and mobile device access and application control management; identity management services, which include life cycle fixed and mobile, including cloud-based services authentication and information assurance services, and identity services, which include fixed and mobile digital certificates required for secure access to a customer’s technology infrastructure. WIDEPOINT CORPORATION (NYSEMKT:WYY) Recent Trading Information
WIDEPOINT CORPORATION (NYSEMKT:WYY) closed its last trading session 00.000 at 0.420 with 118,605 shares trading hands.
