On October 20, 2022, hhgregg, Inc. (the "Company") filed the Monthly Operating
Reports for the period from September 1, 2022 to September 30, 2022 with the
United States Bankruptcy Court for the Southern District of Indiana (the
"Bankruptcy Court"). A copy of the Monthly Operating Reports are attached as
Exhibit 99.1, Exhibit 99.2 and Exhibit 99.3 to this report and are incorporated
by reference into this item 8.01.
The Company cautions investors and potential investors not to place undue
reliance upon the information contained in the Monthly Operating Report, which
was not prepared for the purpose of providing the basis for an investment
decision relating to any of the Company's securities. The Monthly Operating
Report is limited in scope, covers a limited time period, and has been prepared
solely for the purpose of complying with the monthly reporting requirements of
the Office of the United States Trustee. The Monthly Operating Report was not
audited or reviewed by independent accountants, is in a format prescribed by
applicable requirements of the Office of the United States Trustee and is
subject to future adjustment and reconciliation. There can be no assurance
that, from the perspective of an investor or potential investor in the Company's
securities, the Monthly Operating Report contains any information beyond that
required by the Office of the United States Trustee. The Monthly Operating
Report also contains information for periods that are shorter or otherwise
different from those required in the Company's reports pursuant to the
Securities Exchange Act of 1934, as amended (the "Exchange Act"), and such
information might not be indicative of the Company's financial condition or
operating results for the period that would be reflected in the Company's
financial statements or in its reports pursuant to the Exchange Act. Results
set forth in the Monthly Operating Report should not be viewed as indicative of
future results.
This report and Exhibit 99.1, Exhibit 99.2 and Exhibit 99.3 to this report may
contain forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995 with respect to the Company's financial condition,
results of operations, and business that is not historical information. As a
general matter, forward-looking statements are those focused upon future or
anticipated events or trends and expectations and beliefs relating to matters
that are not historical in nature. The words "believe", "expect", "plan",
"intend", "estimate", or "anticipate" and similar expressions, as well as future
or conditional verbs such as "will", "should", "would", and "could", often
identify forward-looking statements. The Company believes that there is a
reasonable basis for its expectations and beliefs, but they are inherently
uncertain, and the Company may not realize its expectations and its beliefs may
not prove correct. The Company undertakes no obligation to publicly update or
revise any forward-looking statement, whether as a result of new information,
future events, or otherwise. The Company's actual results and future financial
condition may differ materially from those described or implied by any such
forward-looking statements as a result of many factors that may be outside the
Company's control. Such factors include, without limitation, developments in
the bankruptcy proceedings, the results of liquidation sales and other matters.
Item 9.01
Exhibit No. Description
99.1 Monthly Operating Report for the Period from September 1, 2022 to
September 30, 2022 - Gregg Appliances, Inc.
99.2 Monthly Operating Report for the Period from September 1, 2022 to
September 30, 2022 - hhgregg, Inc.
99.3 Monthly Operating Report for the Period from September 1, 2022 to
September 30, 2022 - HHG Distributing LLC.
hhgregg, Inc. is an online retailer that operates a retail chain of consumer electronics and home appliances in the Midwest, Northeast, and Southeast United States, which operates stores in approximately 20 states. The Company offers a range of products categories, which include mobiles, computers and office, cameras and video, electronics, pro audio, home and kitchen. Its mobile products include cellphones and accessories, and wearable technology. Its computer products include desktops, laptops, hardware, telephones, and office accessories. The Companyâs electronics products include global positioning systems (GPS) and auto, television, home theater, audio headphones, and gaming. Its pro audio products include microphones, pro headphones, studio recording, audio systems, speakers, audio components, portable audio, and musical instruments. Its home and kitchen products include kitchen utensils, luggage, and bags. It offers global and local brands across the nation through hhgregg.com.