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 securities related to two registration statements that were initially filed in January 2021. The company, which is based in Washington and operates under the primary standard industrial classification code number 1531, had registered 9,200,000 shares of common stock and warrants exercisable for 400,000 shares of common stock. However, following a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code filed on December 11, 2023, Harbor Custom Development is terminating all offerings of securities under these registration statements. The company has taken this step in compliance with its undertaking to the SEC to remove any unsold securities from registration at the termination of the offerings. Jeffrey Habersetzer, the Interim Chief Executive Officer and President, signed the amendment on behalf of the company.