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): January 29, 2024
WIDEPOINT CORPORATION |
(Exact Name of Registrant as Specified in Charter) |
Delaware | | 001-33035 | | 52-2040275 |
(State or Other Jurisdiction of Incorporation) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
11250 Waples Mill Road, South Tower 210, Fairfax, Virginia | | 22030 |
(Address of Principal Executive Office) | | (Zip Code) |
Registrant’s telephone number, including area code: (703) 349-2577
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 | Trading Symbol | Name of Exchange on Which Registered |
Common Stock, $0.001 par value per share | WYY | NYSE American |
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 1.01 Entry into a Material Definitive Agreement.
On January 24, 2024, WidePoint Corporation was issued a Purchase Order from a commercial entity (the “Entity”) to provide services on the Entity’s behalf to its US Government-end customer a full range of managed telecom solutions with a contract ceiling of – assuming all options are exercised--of $20 million. The Purchase Order includes a performance period of 5 years, consisting of a three-year base period and two one-year option periods.
The foregoing description of the Purchase Order is qualified in its entirety by reference to the text of the Purchase Order, which will be filed with the Company’s annual report on Form 10-K for the year ended December 31, 2023.
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.
| | WIDEPOINT CORPORATION | |
| | | |
| Date: January 29, 2024 | /s/ Jin Kang | |
| Jin Kang | |
| | Chief Executive Officer | |
