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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 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): April 22, 2025 (April 22, 2025)

 

EDUCATIONAL DEVELOPMENT CORPORATION

(Exact name of registrant as specified in its charter)

 

Delaware   000-04957   73-0750007
(State or Other Jurisdiction
of Incorporation)
  (Commission File Number)   (I.R.S Employer
Identification No.)

 

5402 S 122nd E Avenue, Tulsa, Oklahoma 74146

(Address of principal executive offices and Zip Code)

 

(918) 622-4522

(Registrants telephone number, including area code)

 

 

 

(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):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

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:

 

Common Stock, $.20 par value   EDUC   NASDAQ
(Title of class)   (Trading symbol)   (Name of each exchange on which registered)

 

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

 

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 7.01 REGULATION FD DISCLOSURE

 

On April 22, 2025, Educational Development Corporation announced, via press release, the fiscal year 2025 earnings call will be held on Wednesday, May 21, 2025 at 3:30 PM CT (4:30 PM ET). A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

 

ITEM 8.01 OTHER EVENTS

 

On April 22, 2025, Educational Development Corporation announced, via press release, the Annual Meeting of Shareholders will be held on July 2, 2025 at 10:00 AM CT (11:00 AM ET) at the Corporate Offices, 5402 S. 122nd E. Ave. Tulsa, OK 74146. Shareholders of record at the close of business on the record date, May 12, 2025, are entitled to a vote. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

 

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

 

(d) EXHIBITS

 

Exhibit
Number
  Description
99.1   Press release dated as of April 22, 2025
104   Cover Page Interactive Data File (formatted as Inline XBRL)

 

1

 

 

SIGNATURE

 

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

 

Educational Development Corporation  
     
By: /s/ Dan O’Keefe  
  Dan O’Keefe  
  Chief Financial Officer and Secretary  
     
Date: April 22, 2025  

 

2

 

EXHIBIT 99.1

 

PRESS RELEASE

 

EDUCATIONAL DEVELOPMENT CORPORATION

ANNOUNCES FISCAL YEAR 2025 EARNINGS CALL,

2025 ANNUAL MEETING OF SHAREHOLDERS AND RECORD DATE

 

TULSA, OK, April 22, 2025—Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) today announces the time and date of their fiscal year 2025 earnings call, as well as the date of the Annual Shareholders Meeting and record date for Shareholder Proxy vote.

 

EDC will host its Fiscal Year 2025 Earnings Call, including a live Q&A webcast, on Wednesday, May 21, 2025 at 3:30 PM CT (4:30 PM ET). Craig White, Chief Executive Officer and President, Heather Cobb, Chief Sales and Marketing Officer, Dan O’Keefe, Chief Financial Officer, and Secretary, will present the Company’s year-end results and be available for questions following the presentation. Phone lines for participants will be available at (800) 717-1738. The Conference ID is 95306. Audio replays will be available following the event at www.edcpub.com/investors.

 

The Annual Meeting of Shareholders of Educational Development Corporation will be held on July 2, 2025, at 10:00 AM CT (11:00 AM ET) at the Corporate Offices, 5402 S. 122nd E. Ave. in Tulsa, Oklahoma. Shareholders of record at the close of business on May 12, 2025 are entitled to vote on annual proxy matters and to participate in the Annual Meeting.

 

On or around May 27, 2025, we will mail the Important Notice Regarding the Availability of Proxy Materials (the “Notice”) to all shareholders of record at the close of business on May 12, 2025 and post our proxy materials on our website. As described in the Notice, you may request a printed set of proxy materials, including our Annual Report and Form 10-K for the fiscal year ended February 28, 2025, if you do not wish to access the materials on our website. In addition, the Notice will provide information regarding how you may request to receive proxy materials by mail or by email on an ongoing basis.

 

About Educational Development Corporation (EDC)

 

EDC began as a publishing company specializing in books for children. EDC is the owner and exclusive publisher of Kane Miller Books (“Kane Miller”); Learning Wrap-Ups, maker of educational manipulatives; and SmartLab Toys, maker of STEAM-based toys and games. EDC is also the exclusive United States MLM distributor of Usborne Publishing Limited (“Usborne”) children’s books. EDC-owned products are sold via 4,000 retail outlets and EDC and Usborne products are offered by independent brand partners who hold book showings through social media, book fairs with schools and public libraries, in individual homes, as well as other in-person events and internet sales.

 

Contact:

Educational Development Corporation

Craig White, (918) 622-4522

 

Investor Relations:

Three Part Advisors, LLC

Steven Hooser or Jean Marie Young, (214) 872-2710