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 petition for reorganization under Chapter 11 of the United States Bankruptcy Code, filed on December 11, 2023. The Chapter 11 Case is being administered under the case number 23-42180-MJH in the United States Bankruptcy Court for the Western District of Washington. 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 all securities that were registered but remain unsold.