Form 8-K - Current report
23 Outubro 2024 - 5:16PM
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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):
October 18, 2024
Karat Packaging Inc.
(Exact name of registrant as specified in its charter)
Delaware |
|
001-40336 |
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83-2237832 |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(IRS Employer
Identification No.) |
6185 Kimball Avenue, Chino, CA 91708
(Address of principal executive offices) (Zip Code)
(626) 965-8882
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:
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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|
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12) |
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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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☐ |
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 |
|
Name of each exchange on which registered |
Common Stock, $0.001 par value per share |
|
KRT |
|
The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant
is an emerging growth company as defined in 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 checkmark
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 8.01 Other Events.
On
October 18, 2024, Karat Packaging Inc. (the “Company”) discovered unauthorized third-party access to its information systems. Upon detecting the incident, the Company activated its
cybersecurity response plan to investigate the scope of the incident and to contain the threat. The Company
has also notified federal law enforcement.
The
Company’s investigation of the incident remains ongoing. Based on the Company’s current knowledge of the facts and circumstances related
to this incident, the Company believes that this incident is not material, and this incident has not disrupted the Company's business operations. Should any of the relevant facts and circumstances substantively
change, the Company will reassess materiality considerations in accordance with Item 1.05 of Form 8-K.
Caution Concerning Forward-Looking Statements
This Current Report on Form
8-K contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements involve risks and uncertainties, including statements regarding our understanding of the event and its
potential impacts. Several factors could cause outcomes to differ materially from our statements, including, but not limited to, the discovery
of new information regarding the event and other risks and uncertainties included in our filings with the Securities and Exchange, particularly
the risks discussed under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part
I of our most recent Annual Report on Form 10-K and any updates discussed under the caption “Item 1A. Risk Factors” in Part
II of our Quarterly Reports on Form 10-Q. Accordingly, you should not rely on these forward-looking statements. All forward-looking statements
are based on information currently available to us. Karat undertakes no obligation to update these statements for revisions or changes
after the date of this Current Report on Form 8-K, except as required by law.
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.
Date: October 23, 2024 |
KARAT PACKAGING INC. |
|
|
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By: |
/s/ Jian Guo |
|
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Jian Guo |
|
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Chief Financial Officer |
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