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): April 11, 2017
_________________
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.) |
7926 Jones Branch Drive, Suite 520, McLean, Virginia (Address of Principal Executive Office) |
22102 (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))
Item 1.01 Entry into a Material Definitive Agreement.
The information set forth under Item 2.03, “Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant,” is incorporated herein by reference.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
On April 11, 2017, WidePoint Corporation and its subsidiaries entered into a Change in Terms Agreement with Cardinal Bank to extend the maturity date of its existing $6.0 million working capital credit facility from April 30, 2017 to July 31, 2017. No other changes were made to the terms of the working capital credit facility.
Item 9.01(d) Financial Statements and Exhibits
Exhibit 10.1 Change in Terms Agreement between Cardinal Bank and WidePoint Corporation.
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 | ||
/s/ James T. McCubbin | ||
Date:April 12, 2017 | James T. McCubbin | |
Executive Vice President and Chief Financial Officer |