UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Emerging growth company
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| Item 8.01 | Other Events. |
On February 3, 2021, Quantum Corporation (the “Company”) announced that it has commenced an underwritten public offering of shares of its common stock. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. A copy of the investor presentation being used in the connection with the public offering is attached hereto as Exhibit 99.2 and is incorporated herein by reference.
In connection with the public offering, the Company intends to terminate that certain Sales Agreement with B.Riley Securities, Inc., dated November 25, 2020.
Forward Looking Statements
This Current Report on Form 8-K contains “forward-looking” statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. The Company advises caution in reliance on forward-looking statements. Forward-looking statements include, without limitation, the Company’s intention to terminate the Sales Agreement. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied by the forward-looking statement. More detailed information about additional risk factors are set forth in the Company’s periodic filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the section entitled “Risk Factors,” in the Company’s most recent Annual Report filed with the Securities and Exchange Commission. All forward-looking statements in this Current Report on Form 8-K are based on information available to the Company as of the date of this filing. The Company expressly disclaims any obligation to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| Exhibit Number |
Name | |
| 99.1 | Press Release dated February 3, 2021 | |
| 99.2 | Investor Presentation dated February 3, 2021 | |
| 104 | Cover Page Interactive Data File (embedded with Inline XBRL document) | |
SIGNATURE
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.
| Quantum Corporation | ||||||
| (Registrant) | ||||||
| February 3, 2021 | /s/ J. Michael Dodson | |||||
| (Date) | J. Michael Dodson | |||||
| Chief Financial Officer | ||||||
| (Principal Financial Officer) | ||||||