Summary by Moomoo AI
Harbor Custom Development, Inc. has filed a post-effective amendment with the Securities and Exchange Commission (SEC) on April 22, 2024, to deregister unsold securities from its previous registration statement. The original registration statement, filed on March 31, 2020, and effective as of August 28, 2020, was for the registration of 2,031,705 shares of common stock and warrants to purchase 88,335 shares of common stock. Following a voluntary Chapter 11 bankruptcy filing on December 11, 2023, by the company and certain subsidiaries, Harbor Custom Development is terminating all offerings of securities under the registration statement. The company has undertaken to remove from registration any securities that were registered but remained unsold, fulfilling its commitment to the SEC. Jeffrey Habersetzer, the Interim Chief Executive Officer and President, signed the amendment on behalf of the company.