Item 1.01 Entry into a Material Definitive Agreement
As previously disclosed, on
Other than in respect of the Amended and Restated Loan Agreement, the promissory
notes made thereunder, the related security and guaranty documents and the
previously disclosed past borrowing relationship, there is no material
relationship between
Safe Harbor
This Current Report on Form 8-K (the "Report") contains certain "forward-looking
statements" relating to the business of the Company and its subsidiary
companies, including the timeline for refinancing of indebtedness. All
statements other than statements of current or historical fact contained in this
Report, including statements that express our intentions, plans, objectives,
beliefs, expectations, strategies, predictions or any other statements relating
to our future activities or other future events or conditions are
forward-looking statements. The words "anticipate," "believe," "continue,"
"could," "estimate," "expect," "intend," "may," "plan," "predict," "project,"
"prospectus," "will," "should," "would" and similar expressions, as they relate
to us, are intended to identify forward-looking statements. These statements are
based on current expectations, estimates and projections made by management
about our business, our industry and other conditions affecting our financial
condition, results of operations or business prospects. These statements are not
guarantees of future performance and involve risks, uncertainties and
assumptions that are difficult to predict. Therefore, actual outcomes and
results may differ materially from what is expressed or forecasted in, or
implied by, the forward-looking statements due to numerous risks and
uncertainties. Factors that could cause such outcomes and results to differ
include, but are not limited to, risks and uncertainties arising from: our
reliance on individual purchase orders, rather than long-term contracts, to
generate revenue; our ability to balance the composition of our revenues and
effectively control operating expenses; external factors, including the COVID-19
pandemic, that may be outside of our control; the impacts of the COVID-19
pandemic and government-imposed lockdowns in response thereto; the availability
of appropriate financing facilities impacting our operations, financial
condition and/or liquidity; our ability to receive contract awards through
competitive bidding processes; our ability to maintain standards to enable us to
manufacture products to exacting specifications; our ability to enter new
markets for our services; our reliance on a small number of customers for a
significant percentage of our business; competitive pressures in the markets we
serve; changes in the availability or cost of raw materials and energy for our
production facilities; restrictions in our ability to operate our business due
to our outstanding indebtedness; government regulations and requirements;
pricing and business development difficulties; changes in government spending on
national defense; our ability to make acquisitions and successfully integrate
those acquisitions with our business; general industry and market conditions and
growth rates; our potential failure to successfully integrate and realize the
expected benefits of the
Item 9.01 Financial Statements and Exhibits
(d) Exhibits Exhibit Description Number 10.1 Third Amendment to Amended and Restated Loan Agreement and Third Amendment to Promissory Note, dated as ofJune 16, 2022 , by and amongRanor, Inc. ,Stadco New Acquisition, LLC ,Stadco ,Westminster Credit Holdings, LLC andBerkshire Bank . 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document).
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