Item 8.01 Other Events.
On
The Plan and the Dissolution are contingent on approval of the Plan by the Company's shareholders. The Company intends to hold its annual meeting of its shareholders in the second quarter of 2020, at which shareholders will approve the Dissolution pursuant to the Plan. The Company will file a proxy statement in advance of the annual meeting containing further information regarding, among other things, the Plan and the Dissolution. The Dissolution pursuant to the Plan will be approved if a majority of the outstanding shares of the common stock of the Company vote for the Plan. The Dissolution may be postponed or abandoned by the Board at any time, including after shareholder approval. The foregoing summary of the Plan and the Dissolution does not purport to be complete and is qualified in its entirety by reference to the complete text of the Plan, which is attached hereto as Exhibit 2.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
The following exhibits are furnished herewith:
Exhibit No. Description 2.1 Plan of Dissolution ofCBA Florida, Inc. 99.1 Press Release datedFebruary 11, 2020
Legal Notice Regarding Forward-Looking Statements
This Form 8-K contains certain forward-looking statements within the meaning of
Private Securities Litigation Reform Act of 1995, including, but not limited to,
statements regarding the adoption of the Plan, the expected timing of the
Dissolution and related matters. In some cases, you can identify forward-looking
statements by terminology such as "may," "will," "should," "could," "would,"
"expect," "plan," "anticipate," "believe," "estimate," "continue" or the
negative of such terms or other similar expressions. You should, therefore,
carefully read and consider statements that contain these words or expressions,
as such forward-looking statements involve certain risks and uncertainties that
could cause actual results to differ materially from those indicated in such
forward-looking statements. There are no guarantees that the Company will be
able to successfully complete the implementation of the Plan or that there will
be any specific amount of reserve funds (or any at all) available for future
distributions. The Company's Annual Report on Form 10-K for the fiscal year
ended
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