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 that were previously registered. The original registration statements, filed in January 2021, pertained to the registration of 9,200,000 shares of common stock and warrants exercisable for 400,000 shares. However, following a voluntary Chapter 11 bankruptcy filing by the company and certain subsidiaries on December 11, 2023, Harbor Custom Development is terminating all offerings of securities under these registration statements. The company has fulfilled its commitment to the SEC by removing from registration all securities that remained unsold at the termination of the offerings. Jeffrey Habersetzer, the Interim CEO and President, signed the amendment, indicating the company's formal withdrawal of these unsold securities from the market.