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Greystone Logistics, Inc. – ‘8-K’ for 4/17/24

On:  Wednesday, 4/17/24, at 2:37pm ET   ·   For:  4/17/24   ·   Accession #:  1437749-24-12296   ·   File #:  0-26331

Previous ‘8-K’:  ‘8-K’ on 4/4/24 for 4/1/24   ·   Latest ‘8-K’:  This Filing

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

 4/17/24  Greystone Logistics, Inc.         8-K:2,7,9   4/17/24   12:166K                                   RDG Filings/FA

Current Report   —   Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     27K 
 2: EX-99.1     Miscellaneous Exhibit                               HTML     20K 
 7: R1          Document And Entity Information                     HTML     41K 
 9: XML         IDEA XML File -- Filing Summary                      XML     12K 
12: XML         XBRL Instance -- glgi20240417_8k_htm                 XML     13K 
 8: EXCEL       IDEA Workbook of Financial Report Info              XLSX      8K 
 4: EX-101.DEF  XBRL Definitions -- glgi-20240417_def                XML     34K 
 5: EX-101.LAB  XBRL Labels -- glgi-20240417_lab                     XML     43K 
 6: EX-101.PRE  XBRL Presentations -- glgi-20240417_pre              XML     33K 
 3: EX-101.SCH  XBRL Schema -- glgi-20240417                         XSD     14K 
10: JSON        XBRL Instance as JSON Data -- MetaLinks               11±    18K 
11: ZIP         XBRL Zipped Folder -- 0001437749-24-012296-xbrl      Zip     18K 


‘8-K’   —   Current Report


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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 APRIL 17, 2024
 
 i Greystone Logistics, Inc.
(Exact name of registrant as specified in its charter)
 
 i Oklahoma
 i 75-2954680
(State or other jurisdiction
of incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
 
 i 1613 E. 15th,  i Tulsa,  i Oklahoma  i 74120
(Address of principal executive offices) (Zip Code)
                                     
( i 918)  i 583-7441
(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 (see General Instruction A.2. below):
 
 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 270.14a-12)
 i 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 270.14d-2(b))
 i 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 270.13e-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
NONE
 
GLGI
 
NONE
 
 
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 2.02. Results of Operations and Financial Condition.
 
On April 17, 2024, Greystone Logistics, Inc. (the “Company”) issued a press release regarding results of operations for the nine and three months ended February 29, 2024. A copy of the press release dated April 17, 2024, is attached hereto as Exhibit 99.1.
 
The information being furnished hereunder discloses EBITDA, a non-GAAP financial measure within the meaning of Regulation G promulgated by the Securities and Exchange Commission.  The Company believes that EBITDA is a useful measure of evaluating its financial performance because of its focus on the Company’s results from operations before interest, income taxes, depreciation and amortization.  EBITDA is utilized for internal analysis of the Company.  EBITDA is not a measure of financial performance under GAAP and should not be considered in isolation or as an alternative to other financial measures determined under GAAP.  However, EBITDA is commonly used by investors, financial analysts and rating agencies as an alternative measure of evaluating, comparing and rating operating performance.  EBITDA presented by the Company may not be comparable to similarly titled measures reported by other companies.
 
The information in this Form 8-K, including exhibits, is being furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be incorporated by reference into any registration statement filed by the Company under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.
 
Item 7.01. Regulation FD Disclosure.
 
As noted above in Item 2.02 of this Current Report on Form 8-K, the registrant issued a press release on April 17, 2024. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is being furnished pursuant to Regulation FD.
 
Item 9.01. Financial Statements and Exhibits.
 
(d) Exhibits.
 
99.1 Press Release dated April 17, 2024.
104  Cover Page Interactive Data File (embedded within the Inline XBRL document)
 
SIGNATURES
 
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.
 
    GREYSTONE LOGISTICS, INC.  
       
April 17, 2024 By: /s/ R. Brice Dille  
    R. Brice Dille  
    Interim Chief Financial Officer  
 
2

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