Orbsat Corp filed SEC Form 8-K: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Regulation FD Disclosure, Financial Statements and Exhibits
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Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On January 18, 2022, Orbsat Corp (the “Company”) filed a Certificate of Amendment of the Amended and Restated Articles of Incorporation of the Company (the “Certificate of Amendment”) with the Secretary of State of the State of Nevada in order to change the Company’s corporate name to NextPlat Corp (the “Name Change”). The Name Change will be effective as of January 21, 2022. The Name Change was approved by the Company’s stockholders at the 2021 annual meeting of stockholders held on December 16, 2021.
The Name Change does not affect the rights of the Company’s security holders. There were no other changes to the Company’s Amended and Restated Articles of Incorporation in connection with the Name Change.
In connection with the Name Change, our Board of Directors amended and restated our Bylaws to reflect the corporate name NextPlat Corp, also effective on January 21, 2022. No other changes were made to our Bylaws.
The foregoing description of the Certificate of Amendment and the Amended and Restated Bylaws are qualified in their entirety by reference to the full text of the Certificate of Amendment and the Amended and Restated Bylaws, copies of which are filed as Exhibits 3.1 and 3.2, respectively, and incorporated herein by reference.
Item 7.01. Regulation FD Disclosure.
Effective January 21, 2022, the trading symbol for the Company’s common stock, par value $0.0001 per share (the “Common Stock”) on the NASDAQ Capital Market will be “NXPL” and the trading symbol for the Company’s Warrants (the “Warrants”) on the NASDAQ Capital Market will be “NXPLW.” The CUSIP number for our Common Stock (68557F209) and our Warrants (68557F118) remain unchanged.
On January 20, 2022, the Company issued a press release announcing the Name Change and changes to the trading symbols of the Common Stock and Warrants. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
Exhibits.
| Exhibit No. | Description | |
| 3.1 | Certificate of Amendment of the Amended and Restated Articles of Incorporation | |
| 3.2 | Amended and Restated Bylaws | |
| 99.1 | Press Release dated January 20, 2022 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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.
| ORBSAT CORP | ||
| By: | /s/ Charles M. Fernandez | |
| Name: | Charles M. Fernandez | |
| January 20, 2022 | Title: | Executive Chairman & Chief Executive Officer |