UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): February 20, 2024 |
Sarcos Technology and Robotics Corporation
(Exact name of Registrant as Specified in Its Charter)
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Delaware | 001-39897 | 85-2838301 |
(State or Other Jurisdiction
of Incorporation) | (Commission File Number) | (IRS Employer
Identification No.) |
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650 South 500 West, Suite 150 | |
Salt Lake City, Utah | | 84101 |
(Address of Principal Executive Offices) | | (Zip Code) |
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Registrant’s Telephone Number, Including Area Code: (888) 927-7296 |
(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:
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Title of each class
| | Trading
Symbol(s) | |
Name of each exchange on which registered
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Common Stock, par value $0.0001 per share | | STRC | | The Nasdaq Stock Market LLC |
Redeemable warrants, exercisable for shares of Common Stock at an exercise price of $69.00 per share | | STRCW | | The Nasdaq Stock Market LLC |
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 7.01. Regulation FD Disclosure.
Earnings Calls and Announcements
Sarcos Technology and Robotics Company (the “Company”) hereby announces that for the foreseeable future, it does not intend to hold quarterly earnings calls or issue earnings press releases regarding annual or quarterly financial results. The Company’s current intention is to resume such activities at such time as it begins to achieve meaningful revenues or when it otherwise deems it appropriate. In the meantime, the Company will continue to meet its reporting obligations under the Securities Exchange Act of 1934, as amended, as long as it is required to do so.
This Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s intent to not hold quarterly earnings calls or issue quarterly press releases regarding annual or quarterly financial results until further notice; the Company’s intent to resume such activities at such time as it begins to achieve meaningful revenues or when it otherwise deems appropriate, and the Company’s intention to continue to meet its reporting obligations. Such forward-looking statements involve risks and uncertainties that may cause actual events, results, or performance to differ materially from those indicated by such statements. Forward-looking statements speak only as of the date they are made, and the Company is not under any obligation and expressly disclaims any obligation, to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.
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 hereunto duly authorized.
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| | | Sarcos Technology and Robotics Corporation |
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Dated: | February 20, 2024 | By: | /s/ Stephen Sonne |
| | Name: Title: | Stephen Sonne
Chief Legal Officer & Secretary |
