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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): January 18, 2024

ARGAN, INC.

(Exact Name of Registrant as Specified in its Charter)

 

Delaware

 

001-31756

 

13-1947195

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

One Church Street, Suite 201, Rockville, MD

 

20850

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (301) 315-0027

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))

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.

Title of Each Class:

Trading Symbol(s):

Name of Each Exchange on
Which Registered:

Common Stock, $0.15 Par Value

AGX

New York Stock Exchange

Item 8.01. Other Events.

On January 5, 2024, Gemma Power Systems (“Gemma”), a wholly owned subsidiary of Argan, Inc., received full notices to proceed with engineering, procurement and construction services for two solar and battery projects. Under a limited notice to proceed, as previously disclosed, Gemma had commenced early engineering and design activities as well as procurement of major equipment related to these projects. The two projects will represent 112 MW of electrical power and 16 MWh of energy storage.

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.

 

 

 

ARGAN, INC.

Date: January 18, 2024

 

 

By:

 

/s/ Richard H. Deily

 

 

 

Richard H. Deily

 

 

 

Senior Vice President, Chief Financial Officer, Treasurer and Corporate Secretary

v3.23.4
Document and Entity Information
Jan. 18, 2024
Document and Entity Information [Abstract]  
Document Type 8-K
Document Period End Date Jan. 18, 2024
Entity File Number 001-31756
Entity Registrant Name ARGAN, INC.
Entity Incorporation, State or Country Code DE
Entity Tax Identification Number 13-1947195
Entity Address, Address Line One One Church Street
Entity Address, Adress Line Two Suite 201
Entity Address, City or Town Rockville
Entity Address, State or Province MD
Entity Address, Postal Zip Code 20850
City Area Code 301
Local Phone Number 315-0027
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, $0.15 Par Value
Trading Symbol AGX
Security Exchange Name NYSE
Entity Emerging Growth Company false
Entity Central Index Key 0000100591
Amendment Flag false

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