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) September 26, 2019
FLEXSTEEL INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
| | Minnesota
|
| 0-5151 |
| 42-0442319 | |
| | (State or other jurisdiction | | (Commission
| | (IRS Employer | |
| | of incorporation)
| | File Number)
| | Identification No.) | |
| 385 Bell St, Dubuque, Iowa
| | 52001 | |
| (Address of principal executive offices) | | (Zip Code) | |
Registrant’s telephone number, including area code 563-556-7730
(Former name or former address, if changed since last report.)
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock, $1.00 Par Value | FLXS | The NASDAQ Stock Market LLC |
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 (see General Instruction A.2. below):
| ☐ | | 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)) |
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.
On September 26, 2019, Flexsteel Industries, Inc. (the “Company”) completed its previously announced sale of the Company’s Riverside property located at 7227 Central Avenue, Riverside, California to Greenlaw Acquisitions, LLC, pursuant to the Agreement of Purchase and Sale and Joint Escrow Instructions dated August 26, 2019 (the “Purchase Agreement”). The Purchase Agreement was filed as Exhibit 10.1 to the Current Report on Form 8-K filed by the Company on September 5, 2019. The proceeds received in the sale net of closing costs, prorations, and sales commissions of the Riverside property was $19,610,881.
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.
| | | FLEXSTEEL INDUSTRIES, INC. | |
| | | (Registrant) | |
| | | | |
| | | | |
Date: September 27, 2019
| By: | /s/ Marcus D. Hamilton | |
| | Marcus D. Hamilton | |
| | Chief Financial Officer, Secretary and Treasurer | |
| | Principal Financial and Accounting Officer | |
