Zrcn INC 8-K filings

ZRCN Inc. has amended its Certificate of Incorporation to reduce authorized common stock from 200 million to 25 million shares.

ZRCN Inc. has entered into a new $12.5 million senior secured revolving credit facility to refinance existing debt and provide working capital.

ZRCN Inc. received a Notice of Default from FGI Worldwide LLC for failing to meet an EBITDA covenant, risking debt acceleration and asset foreclosure.

ZRCN Inc. has entered into a forbearance agreement with its lender, FGI Worldwide LLC, to address existing defaults under its Revolving Credit Agreement, accepting revised terms including increased interest rates and new financial obligations.

ZRCN Inc. has received a Notice of Default from its lender, FGI Worldwide LLC, due to non-compliance with financial and non-financial covenants, primarily stemming from reduced revenues and duties on Chinese imports.

ZRCN Inc. has appointed Kreston, PC as its new independent registered public accounting firm, effective May 12, 2025.

ZRCN Inc. reports that Assurance Dimensions Inc. has resigned as the company's accountant, effective May 2, 2025, due to their exit from providing audit services to publicly traded companies.

ZRCN Inc. presented at the Centri Capital Conference in New York City on April 22, 2025, and will use the presentation for future investor communications.

ZRCN Inc., a manufacturer of digitally-enabled hand-tools, has qualified to trade on the OTCQX Best Market under the ticker symbol ZRCN, effective February 24, 2025.

ZRCN Inc. has released an investor presentation providing an overview of the company, which will be used in future investor presentations.