Englobal CORP 8-K filings

ENGlobal Corporation has entered into an Asset Purchase Agreement with Gulf Island Automation & Infrastructure, LLC for the sale of substantially all of its assets as part of its Chapter 11 bankruptcy proceedings.

Darren W. Spriggs resigned from his positions as Chief Financial Officer, Treasurer, and Corporate Secretary of ENGlobal Corporation, effective April 1, 2025.

ENGlobal Corporation and its subsidiaries filed for Chapter 11 bankruptcy and secured a $2.5 million debtor-in-possession (DIP) financing agreement with Gulf Island Fabrication, Inc.

ENGlobal Corporation and its subsidiaries have voluntarily filed for Chapter 11 bankruptcy to preserve value and explore strategic alternatives.

ENGlobal Corporation entered into a Loan and Security Agreement for up to $500,000 with an unaffiliated lender on February 19, 2025.

ENGlobal Corporation files an amendment to its previous report to provide supplemental information regarding a cybersecurity incident that occurred in November 2024.

ENGlobal Corporation held its 2024 Annual Meeting of Shareholders on December 30, 2024, where directors were elected and the appointment of auditors was ratified.

ENGlobal Corporation has received notice of delisting from Nasdaq due to failure to meet minimum shareholders' equity requirements, with trading expected to move to the OTC Markets.

ENGlobal Corporation reported a cybersecurity incident involving unauthorized access and encryption of data files, leading to restricted access to its IT system.

ENGlobal Corporation announced a reduced net loss for the third quarter of 2024, despite a decrease in revenue compared to the same period last year.

ENGlobal Corporation has announced the date for its 2024 Annual Meeting of Shareholders and established deadlines for shareholder proposals and director nominations.

ENGlobal Corporation has received an extension from Nasdaq to maintain its listing until November 26, 2024, but must demonstrate compliance with listing rules by that date.

ENGlobal Corporation announced improved financial results for the second quarter of 2024, driven by cost reductions and a focus on core engineering and government services.

ENGlobal Corporation received notice from Nasdaq that it did not meet the terms of an extension to regain compliance with listing rules, potentially leading to delisting.

ENGlobal Corporation announced its first quarter 2024 results, showing a reduced net loss and improved gross profit despite lower revenues, as the company focuses on its core engineering and automation services.

ENGlobal Corporation has amended its credit agreement with Alliance 2000, Ltd., extending loan maturities, reducing interest rates on term loans, and establishing a revolving credit facility.

ENGlobal Corporation has changed its independent auditor from Moss Adams LLP to M&K CPAs, PLLC, effective April 17, 2024.

ENGlobal Corporation announced its 2023 financial results, highlighting a year of transition and repositioning despite a decrease in revenue and a net loss.