TSS, Inc 8-K, filed Jul 22, 2022
TSS, Inc. (TSSI)
8-K
2022-07-22
For: 2022-07-19
View Original
Added on
April 08, 2026
About this 8-K
TSS, Inc filed this 8-K on July 22, 2022, reporting on events of July 19, 2022.
Items reported
- Item 8.01: Other events
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)
(Exact name of registrant as specified in its charter)
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(State or other jurisdiction of
incorporation)
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(Commission File Number)
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(I.R.S. Employer
Identification No.)
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(Address of principal executive offices)
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(Registrant’s telephone number, including area code)
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Not Applicable
(Former name, former address, and former fiscal year, 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:
Securities registered pursuant to Section 12(b) of this Act: 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 ☐
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. ☐
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Item 8.01.
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Other Events.
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On July 19, 2022, MHW SPV II, LLC and MHW Partners L.P. (collectively “MHW”) exercised warrants to purchase 1,883,326 shares of common stock of TSS, Inc. (the “Company”). MHW was granted the warrants in connection with multiple term loan agreements with the Company in 2015 and 2017. The warrants have been included in the Company’s earnings per share computations since they were granted, except where they were excluded from the calculation of dilutive shares because their effect would have been anti-dilutive. The company received approximately $367,000 from the aggregate exercise price from MHW.
S I G N A T U R E 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.
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TSS, INC.
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By:
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/s/ John Penver
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John Penver
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Chief Financial Officer
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Date: July 20, 2022