Franklin Multisector Income ETF 8-K, filed Dec 2, 2024
Franklin Multisector Income ETF (MULT)
About this 8-K
Franklin Multisector Income ETF filed this 8-K on December 2, 2024, reporting on events of October 7, 2024.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
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Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 8.01 | Other Events. |
On October 11, 2024, the Board of Directors (the “Board”) of Multi Solutions II, Inc. (the “Company”), passed resolutions authorizing the voluntary liquidation and dissolution of the Company pursuant to a Plan of Liquidation and Dissolution (the “Plan of Dissolution”). On October 16, 2024, the holders of a majority of the outstanding shares of the Company’s common stock entitled to vote executed a written consent, in accordance with the provisions set forth in §§ 607.0704 and 607.1402 of the Florida Business Corporation Act, approving the Plan of Dissolution.
The Board has authorized the filing of the Articles of Dissolution (the “Dissolution”) of the Company on December 2, 2024 with the Florida Department of State. The effective date of the Dissolution will also be December 2, 2024 (the “Effective Date”), and the Company will file a Form 15 with the Securities and Exchange Commission (the “SEC”) to deregister the Company’s common stock shortly thereafter. The Company has instructed its transfer agent to close the Company’s stock transfer records as of the close of business on the Effective Date and no longer to recognize or record any transfers of shares of the Company’s common stock after such date except by will, intestate succession or operation of law.
The Company has made a public announcement on December 2, 2024 to announce the filing of its Articles of Dissolution.
Pursuant to the Plan of Dissolution, the Company is also authorized to sell any and all assets of the Company, to pay all expenses incurred in connection with implementation of the Plan of Dissolution, to satisfy, settle or reject all liabilities, debts or obligations of the Company, whether by payment or making adequate provisions for payment, by prosecuting and defending actions or proceedings by or against the Company, to distribute assets of the Company to the shareholders to the fullest extent permitted by statutory law, and, subject to statutory limitations, to take all other actions necessary to wind up and liquidate the Company’s business and affairs.
| Item 9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits. |
| Exhibit No. | Description | |
| 99.1 | Press release of Multi Solutions II, Inc. dated December 2, 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 thereunto duly authorized.
| MULTI SOLUTIONS II, INC. | ||
| By: | /s/ Lindsay Shain | |
| Lindsay Shain | ||
| President | ||
| By: | /s/ Jason Melling | |
| Jason Melling | ||
| Secretary and Treasurer | ||
| Date: December 2, 2024 | ||
Exhibit 99.1
Multi Solutions II, Inc. Announces Plan for Filing of Articles of Dissolution
MIAMI – December 2, 2024 – (BUSINESS WIRE) — Multi Solutions II, Inc. (MUSS) (“Multi Solutions”) announced today the filing of its Articles of Dissolution with the Department of State of the State of Florida, with an effective date of December 2, 2024.
Multi Solutions’ actions to file the Articles of Dissolution are pursuant to the Plan of Complete Liquidation and Dissolution approved by Multi Solutions’ shareholders on October 16, 2024. Following the effectiveness of the Articles of Dissolution, Multi Solutions will file a Form 15 with the Securities and Exchange Commission to deregister its common stock. Multi Solutions has instructed its transfer agent to close Multi Solutions’ stock transfer records as of the close of business on December 2, 2024 and no longer to recognize or record any transfers of shares of Multi Solutions common stock after such date except by will, intestate succession or operation of law.
Statement under the Private Securities Litigation Reform Act of 1995.
Statements in this press release regarding our business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. Among those risks and uncertainties are the risks surrounding the timing of suspension of trading and deregistration of our common stock. Any of these risks and uncertainties could cause our actual results to differ from those contained in the forward-looking statements.
CONTACT:
Lindsay Shain
President
Multi Solutions II, Inc.
(305) 579-8000
SOURCE: Multi Solutions II, Inc.