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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):

    

August 12, 2020

MMA Capital Holdings, Inc.

(Exact name of registrant as specified in its charter)

Delaware

    

001-11981

    

52-1449733

(State or other jurisdiction

(Commission

(I.R.S. Employer

of incorporation)

File Number)

Identification No.)

3600 O’Donnell St, Suite 600,

Baltimore, Maryland

21224

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code:

    

(443) 263-2900

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:

  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:

Title of each class
Common Shares, no par value
Common Stock Purchase Rights

    

Trading Symbol(s)
MMAC
MMAC

    

Name of each exchange on which registered
Nasdaq Capital Market
Nasdaq Capital Market

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 5.02        Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers, Compensatory Arrangements of Certain Officers

On August 17, 2020, MMA Capital Holdings, Inc. (the “Company”) announced that Mr. Michael Falcone resigned his position as Chief Executive Officer of the Company, effective August 12, 2020. Mr. Falcone also resigned all of his positions with Hunt Companies, Inc. (“Hunt”), the parent company of the Company’s external manager, Hunt Investment Management, LLC (the “Manager”). Mr. Falcone remains a member of the Company’s Board of Directors.

Pursuant to the terms of the Company’s bylaws, the Company’s president, Mr. Gary Mentesana, will fulfill the duties of the Chief Executive Officer until the Company’s Board of Directors elect a permanent Chief Executive Officer of the Company.

Item 9.01        Exhibits

99.1

Press Release dated August 17, 2020

104

Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101)

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.

MMA Capital Holdings, Inc.

August 17, 2020

By:

/s/ David C. Bjarnason

Name: David C. Bjarnason

Title:   Chief Financial Officer