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 May 1, 2023, and effective as of May 16, 2023, included common stock, pre-funded warrants, warrants, and placement agent warrants. 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 is removing from registration all securities that were registered but remained unsold, in line with its commitment made in the original registration statement. The amendment was signed by Jeffrey Habersetzer, the Interim Chief Executive Officer and President of Harbor Custom Development.