Item 8.01 Other Events
On August 13, 2020, the Company filed a Form 15 with the Securities and Exchange
Commission to voluntarily deregister its common stock under Section 12(g) of the
Securities Exchange Act of 1934, as amended. The Company is eligible to
deregister its common stock by filing a Form 15 under Section 12(g) of the
Exchange Act because the Company has fewer than 300 holders of record. The
Company's obligation to file periodic reports, such as Annual Reports on Form
10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, under
Section 13(a) of the Exchange Act were suspended upon filing the Form 15. The
deregistration under Section 12(g) of the Exchange Act is expected to be
effective 90 days after filing the Form 15 at which time the Company's other
filing requirements under Section 13(a) of the Exchange Act will terminate.
The decision of the Company's Board of Directors to deregister its common stock
was based on the consideration of numerous factors, including the substantial
cost savings to the Company as a result of the elimination of SEC reporting
requirements, including the costs relating to preparing and filing periodic
reports and other SEC documents, legal and accounting costs, compliance costs
and other public reporting company-related.
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AMERINAC HOLDING CORP. 
