Current Report Filing (8-k)
10 Setembro 2021 - 6:28PM
Edgar (US Regulatory)
0000034285
false
0000034285
2021-09-07
2021-09-07
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
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 7,
2021
Reliability
Incorporated
(Exact
name of registrant as specified in its charter)
Texas
|
|
000-07092
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75-0868913
|
(State
or other jurisdiction
|
|
(Commission
|
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(IRS
Employer
|
of
Incorporation)
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|
File
Number)
|
|
Identification
Number)
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2505
Gateway Center Drive
P.O.
Box 71
Clarksburg,
MD 20871
(Address
of principal executive offices) (Zip Code)
(202)
965-1100
(Registrant’s
telephone number, including area code)
N/A
(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 (see General Instruction A.2.)
☐
|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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|
☐
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13(c))
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Title
of each class
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Trading
Symbol(s)
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Name
each exchange on which registered
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Common
Stock, no par value
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RLBY
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OTC
Pink Sheets
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Item
1.01
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Entry
into a Material Definitive Agreement
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On
September 7, 2021, the Company entered in Arbitration and Tolling Agreements with alleged shareholder Naveen Doki, M.D., and his affiliates
and all other persons who were parties to the pending litigations previously reported in the Texas, New York and Maryland courts and
before the American Arbitration Association. The Agreements call for the stay or dismissal of the pending litigations, with the parties
agreeing to resolve their disputes before a single arbitrator in Maryland. The parties also agreed to maintain the status quo in corporate
governance and related matters pending a final non-appealable judgment confirming any award in arbitration. The parties also signed a
Tolling Agreement to toll the statute of limitations following the dismissal of a pending litigation. The foregoing descriptions are
qualified in their entirety by the text of the agreements, which are annexed as exhibits 13-1 and 13-2 respectively.
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.
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RELIABILITY
INCORPORATED
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Date:
September 10, 2021
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/s/
Nick Tsahalis
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By:
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Nick
Tsahalis
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Its:
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President
and Chief Executive Officer
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EXHIBIT
INDEX
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