Summary by Moomoo AI
Harbor Custom Development, Inc., based in Washington, has filed Post-Effective Amendments to its Form S-8 Registration Statements with the Securities and Exchange Commission on April 22, 2024. The amendments pertain to the deregistration of securities related to the company's 2018 Incentive and Nonstatutory Stock Option Plan and the 2020 Restricted Stock Plan. This action follows the company's voluntary Chapter 11 bankruptcy filing on December 11, 2023, in the Western District of Washington Bankruptcy Court. As a result of the bankruptcy proceedings, Harbor Custom Development is terminating all offerings of securities under the aforementioned registration statements and removing from registration any unsold securities. The company's Interim CEO and President, Jeffrey Habersetzer, has signed the amendments, indicating the company's compliance with the Securities Act requirements.