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Share Name | Share Symbol | Market | Type |
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Peak Resorts Inc | NASDAQ:SKIS | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 11.00 | 10.99 | 11.00 | 0 | 01:00:00 |
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 13 , 2016
PEAK RESORTS, INC.
(Exact name of registrant as specified in its charter)
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Missouri |
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001-35363 |
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43-1793922 |
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(State or other jurisdiction of |
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(Commission |
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(I.R.S. Employer |
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incorporation) |
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File Number) |
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Identification No.) |
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17409 Hidden Valley Drive |
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Wildwood, Missouri |
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63025 |
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(Address of principal executive offices) |
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(Zip Code) |
(636) 938-7474
(Registrant’s telephone number, including area code)
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.
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act.
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
Item 8.01 . Other Events .
On December 13, 2016, Peak Resorts, Inc. (the “Company”) issued a press release announcing the approval of the first I-526 Petition submitted by an investor in Mount Snow’s EB-5 offering, allowing the funds raised in the offering to be released from escrow . Mount Snow, the largest resort owned by the Company, is using the money to fund two development projects at the resort. While awaiting this approval, the Company has invested more than $15 million in project construction since February 2015 and will now be reimbursed for that spending as the committed funds are released from escrow.
A copy of the press release is attached hereto as Exhibit 99.1.
Item 9.01.Financial Statements and Exhibits.
(d) Exhibits .
Exhibit No. |
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Description of Exhibit |
99.1 |
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Press Release of Peak Resorts, Inc. dated December 13 , 2016. |
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SIGNATURES
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.
Dated: December 13 , 2016
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PEAK RESORTS, INC.
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By: |
/s/ Stephen J. Mueller |
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Name: |
Stephen J. Mueller |
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Title: |
Chief Financial Officer |
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