8-K
Ramaco Resources, Inc. (METC)
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 (Dateof earliest event reported): July 14, 2022
Ramaco Resources, Inc.
(Exact name of registrantas specified in its charter)
| Delaware | 001-38003 | 38-4018838 |
|---|---|---|
| (State or other jurisdiction of incorporation ) | (Commission File Number) | (IRS Employer Identification No.) |
250 West Main Street, Suite 1800
Lexington, Kentucky 40507
(Addressof principal executive offices, including zip code)
(859) 244-7455
(Registrant’s telephonenumber, including area code)
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common Stock, $0.01 par value | METC | NASDAQ Global Select Market |
| 9.00% Senior Notes due 2026 | METCL | NASDAQ Global Select Market |
Check the appropriate box below if the Form 8-Kfiling is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | 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)) |
| --- | --- |
Indicate by check mark whether the registrantis an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
| x | Emerging growth company |
|---|
Ifan emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. x
Item 7.01 Regulation FD Disclosure.
On July 14, 2022, Ramaco Resources. Inc. (the “Company”) issued a press release announcing that its board of directors declared a cash dividend of $5.0 million across all outstanding shares of common stock payable on September 15, 2022 to shareholders of record as of September 1, 2022. A copy of this press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K and the text of such press release is incorporated herein by reference.
None of the information furnished in this Item 7.01 will be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor will it be incorporated by reference into any registration statement filed by the Company under the Securities Act of 1933, as amended.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit <br><br>No. | Description |
|---|---|
| 99.1 | Press release issued<br> by Ramaco Resources. Inc., dated July 14, 2022. |
| 104 | Cover Page Interactive<br> Data File (formatted as Inline XBRL and contained in Exhibit 101) |
Signature(s)
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.
Date: July 14, 2022
| Ramaco Resources, Inc. | |
|---|---|
| By: | /s/ Randall W. Atkins |
| Name: Randall W. Atkins | |
| Title: Chairman and Chief Executive Officer |
Exhibit99.1
Ramaco Resources, Inc. Announces $5.0 Million Third-Quarter Dividend
LEXINGTON, Ky., July 14, 2022 /PRNewswire/ – Ramaco Resources, Inc. (NASDAQ: METC) (“Ramaco” or the “Company”) announced that its Board of Directors approved the payment of a $5.0 million quarterly cash dividend in the third quarter of 2022. Specifically, the third quarter dividend in the amount of approximately $0.11 per common share will be paid on September 15, 2022, to shareholders of record on September 1, 2022.
Ramaco Resources, Inc. (NASDAQ:METC) is an operator and developer of high-quality, low-cost metallurgical coal in central and southern West Virginia, southwestern Virginia, and southwestern Pennsylvania. For more information about us, please visit our website at www.ramacoresources.com.
POINT OF CONTACT:
INVESTOR RELATIONS: info@ramacocoal.com or 859-244-7455
SOURCE Ramaco Resources, Inc.