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Houston Wire & Cable Co. – ‘8-K’ for 12/31/20

On:  Wednesday, 1/6/21, at 12:53pm ET   ·   For:  12/31/20   ·   Accession #:  1171843-21-135   ·   File #:  1-34361

Previous ‘8-K’:  ‘8-K’ on 12/3/20 for 12/2/20   ·   Next:  ‘8-K’ on 1/14/21 for 1/13/21   ·   Latest:  ‘8-K’ on 6/21/21 for 6/15/21   ·   1 Reference:  To:  Houston Wire & Cable Co. – Previous ‘8-K’ on 12/3/20 for 12/2/20

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 1/06/21  Houston Wire & Cable Co.          8-K:2,7,9  12/31/20   12:210K                                   Globenewswire Inc./FA

Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     21K 
 2: EX-99.1     Press Release                                       HTML      9K 
 8: R1          Cover                                               HTML     44K 
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 9: EXCEL       IDEA Workbook of Financial Reports                  XLSX      6K 
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 5: EX-101.LAB  XBRL Labels -- gnw-20190101_lab                      XML     99K 
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11: JSON        XBRL Instance as JSON Data -- MetaLinks               26±    34K 
12: ZIP         XBRL Zipped Folder -- 0001171843-21-000135-xbrl      Zip     14K 


‘8-K’   —   Current Report


This is an HTML Document rendered as filed.  [ Alternative Formats ]



 iX: 
  Form 8-K  
 i 0001356949  i False 0001356949 2020-12-31 2020-12-31 iso4217:USD xbrli:shares iso4217:USD xbrli:shares
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________________

FORM  i 8-K

_________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):   i December 31, 2020

_______________________________

 i HOUSTON WIRE & CABLE COMPANY

(Exact name of registrant as specified in its charter)

_______________________________

 i Delaware  i 000-52046  i 36-4151663
(State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.)

 i 10201 North Loop East

 i Houston,  i Texas  i 77029

(Address of Principal Executive Offices) (Zip Code)

( i 713)  i 609-2100

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

_______________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 i  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 i  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 i  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 i  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered
 i Common stock, par value $0.001 per share  i HWCC  i The Nasdaq Stock Market
 C: 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  i 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 
 
Item 2.01. Completion of Acquisition or Disposition of Assets.

On December 31, 2020, Houston Wire & Cable Company completed the previously announced sale of substantially all of the assets of its Southern Wire division to Southern Rigging Companies, LLC for $20 million in cash, subject to a customary post-closing working capital adjustment.

Item 7.01. Regulation FD Disclosure.

On January 6, 2021, HWCC issued a press release announcing the completion of the Purchase Agreement. A copy of the press release is attached as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(b) Pro Forma Financial Information

Pursuant to Item 9.01(b)(2) of Form 8-K, the Company will file by amendment the financial information required by Item 9.01(b) not later than 71 calendar days after the date this Current Report on Form 8-K must be filed.

(d) Exhibits

Exhibit Number   Description
2.1   Asset Purchase Agreement dated as of December 2, 2020 between HWC Wire & Cable Company and Southern Rigging Companies, LLC (incorporated by reference to Exhibit 2.1 to Houston Wire & Cable Company’s Current Report on Form 8-K filed December 3, 2020).
99.1   Press Release dated January 6, 2021
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)
 
 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  HOUSTON WIRE & CABLE COMPANY
     
   
Date: January 6, 2021 By:  /s/ James L. Pokluda III        
    James L. Pokluda III
    President and Chief Executive Officer
   
 C: 

 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing    Date    Other Filings
Filed on:1/6/21
For Period end:12/31/2010-K,  10-K/A,  8-K/A
 List all Filings 


1 Previous Filing that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

12/03/20  Houston Wire & Cable Co.          8-K:1,7,9  12/02/20   13:533K                                   Globenewswire Inc./FA
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Filing Submission 0001171843-21-000135   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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