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    Lincoln Educational Services Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    2/24/25 12:57:16 PM ET
    $LINC
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    false000128661300012866132025-02-242025-02-24

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    WASHINGTON, DC 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):  February 24, 2025

    LINCOLN EDUCATIONAL SERVICES CORPORATION

    (Exact Name of Registrant as Specified in Charter)

    New Jersey
     
    000-51371
     
    57-1150621
    (State or Other Jurisdiction of Incorporation)
     
    (Commission File Number)
     
    (IRS Employer Identification No.)
     
    14 Sylvan Way, Suite A, Parsippany, NJ 07054


    (Address of Principal Executive Offices)   (Zip Code)

    Registrant’s telephone number, including area code: (973) 736-9340
     
    Not applicable

    (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:
     
    Title of each class
    Trading
    Symbol(s)
    Name of each exchange on which
    registered
    Common Stock No Par Value
    LINC
    NASDAQ

    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 2.02.
    Results of Operations and Financial Condition.

    On February 24, 2025, Lincoln Educational Services Corporation. (the “Company”) issued a press release announcing financial results for the fourth quarter and year ended December 31, 2024. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated in this Item 2.02 by reference.

    The information contained under this Item 2.02 in this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. Furthermore, the information contained under this Item 2.02 in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.  The furnishing of the information under this Item 2.02 in this Current Report is not intended to, and does not, constitute a determination or admission by the Company that the information contained under this Item 2.02 in this Current Report is material or complete, or that investors should consider this information before making an investment decision with respect to any security of the Company.

    Item 9.01
    Financial Statements and Exhibits.
     
    (d)
    Exhibits
     

    99.1
    Press release of Lincoln Educational Services Corporation dated February 24, 2025


    104
    Cover Page Interactive Data File (embedded within the inline XBRL document).


    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.


    LINCOLN EDUCATIONAL SERVICES CORPORATION



    Date:  February 24, 2025






    By:
    /s/ Brian K. Meyers
     

    Name:
    Brian K. Meyers

    Title:
    Executive Vice President, Chief Financial Officer and Treasurer



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