![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Mill City Ventures III Ltd | NASDAQ:MCVT | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.02 | -0.74% | 2.70 | 2.43 | 5.00 | 2.80 | 2.50 | 2.80 | 4,091 | 01:00:00 |
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): December 17, 2020
Mill City Ventures III, Ltd.
(Exact name of registrant as specified in its charter)
Minnesota | 811-22778 | 90-0316651 |
(State or other jurisdiction | (Commission File Number) | (IRS Employer |
of incorporation) | Identification No.) | |
1907 Wayzata Boulevard, Suite 205
Wayzata, MN 55391
(Address of principal executive offices)
(952) 479-1923
(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) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company ¨
If an emerging growth company, indicate
by check mark 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 December 17, 2020, Mill City Ventures III, Ltd. (“Mill City”) entered into a non-binding letter of intent with Digital Cash Processing, Inc., a Minnesota corporation, for a transaction in which Mill City would acquire Digital Cash Processing in a reverse triangular merger. In the contemplated transaction, the company would be renamed as “Digital Cash Processing,” and Mill City would effect a contemporaneous spin-off of its existing lending business. A copy of the letter of intent is filed as Exhibit 99.1 to this report.
Also on December 17, 2020, Mill City issued a press release. A copy of that press release is filed as exhibit 99.2 to this report.
Item 9.01 | Financial Statements and Exhibits. |
(d) | Exhibits. |
No. | Description | |
99.1 | Letter of Intent dated December 17, 2020 (filed herewith) | |
99.2 | Press release dated December 17, 2020 (filed herewith) |
SIGNATURE
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.
Mill City Ventures III, Ltd. | |||
Date: December 17, 2020 | |||
By: | /s/ Joseph A. Geraci, II | ||
Joseph A. Geraci, II | |||
Chief Financial Officer |
Exhibit Index
No. | Description |
99.1 | Letter of Intent dated December 17, 2020 |
99.2 | Press release dated December 17, 2020 |
1 Year Mill City Ventures III Chart |
1 Month Mill City Ventures III Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions