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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 8-K

CURRENT REPORT

 


 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): May 2, 2024 (May 2, 2024)

 

EDUCATIONAL DEVELOPMENT CORPORATION

(Exact name of registrant as specified in its charter)

 

Delaware

000-04957

73-0750007

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(I.R.S Employer Identification No.)

 

5402 S 122nd E Avenue, Tulsa, Oklahoma 74146

(Address of principal executive offices and Zip Code)

 

(918) 622-4522

(Registrant’s telephone number, including area code)

 

                                                                             

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Common Stock, $.20 par value

EDUC

NASDAQ

(Title of class)

(Trading symbol)

(Name of each exchange on which registered)

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

 ☐

 



 

ITEM 7.01         REGULATION FD DISCLOSURE

 

On May 2, 2024, Educational Development Corporation announced, via press release, the fiscal year 2024 earnings call will be held on Tuesday, May 21, 2024 at 3:30 PM CT (4:30 PM ET). A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

 

ITEM 8.01         OTHER EVENTS

 

On May 2, 2024, Educational Development Corporation announced, via press release, the Annual Meeting of Shareholders will be held on July 10, 2024 at 10:00 AM CT (11:00 AM ET) at the Corporate Offices, 5402 S. 122nd E. Ave. Tulsa, OK 74146. Shareholders of record at the close of business on the record date, May 13, 2024, are entitled to a vote. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

 

ITEM 9.01         FINANCIAL STATEMENTS AND EXHIBITS

 

(d)         EXHIBITS         

 

Exhibit

Number

Description

99.1

Press release dated as of May 2, 2024

104

Cover Page Interactive Data File (formatted as Inline XBRL)

 

 



 

SIGNATURE

 

 

Pursuant to the requirements of the Exchange Act, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

Educational Development Corporation

 

By:         /s/ Dan O’Keefe                                                 

Dan O’Keefe

Chief Financial Officer and Secretary

 

 

Date:      May 2, 2024

 

 

 
false 0000031667 0000031667 2024-05-02 2024-05-02
EX-99.1 2 ex_666516.htm EXHIBIT 99.1 ex_666516.htm

 

EXHIBIT 99.1

 

PRESS RELEASE

 

EDUCATIONAL DEVELOPMENT CORPORATION

ANNOUNCES FISCAL YEAR 2024 EARNINGS CALL,

2024 ANNUAL MEETING OF SHAREHOLDERS AND RECORD DATE

 

TULSA, OK, May 2, 2024—Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) today announces the time and date of their fiscal year 2024 earnings call, as well as the date of the Annual Shareholders Meeting and record date for Shareholder Proxy vote.

 

EDC will host its Fiscal Year 2024 Earnings Call, including a live Q&A webcast, on Tuesday, May 21, 2024 at 3:30 PM CT (4:30 PM ET). Craig White, Chief Executive Officer and President, Heather Cobb, Chief Sales and Marketing Officer, Dan O’Keefe, Chief Financial Officer, and Secretary, will present the Company’s yearend results and be available for questions following the presentation. Phone lines for participants will be available at (800) 717-1738. The Conference ID is 57633. Audio replays will be available following the event www.edcpub.com/investors.

 

The Annual Meeting of Shareholders of Educational Development Corporation will be held on July 10, 2024, at 10:00 AM CT (11:00 AM ET) at the Corporate Offices, 5402 S. 122nd E. Ave. in Tulsa, Oklahoma. Shareholders of record at the close of business on May 13, 2024 are entitled to vote on annual proxy matters and to participate in the Annual Meeting.

 

On or around May 31, 2024, we will mail the Important Notice Regarding the Availability of Proxy Materials (the “Notice”) to all shareholders of record at the close of business on May 13, 2024 and post our proxy materials on our website. As described in the Notice, you may request a printed set of the proxy materials, including our Annual Report and Form 10-K for the fiscal year ended February 29, 2024, if you do not wish to access the materials on our website. In addition, the Notice will provide information regarding how you may request to receive proxy materials by mail or by email on an ongoing basis.

 

About Educational Development Corporation (EDC)

 

EDC began as a publishing company specializing in books for children. EDC is the owner and exclusive publisher of Kane Miller Books (“Kane Miller”); Learning Wrap-Ups, maker of educational manipulatives; and SmartLab Toys, maker of STEAM-based toys and games. EDC is also the exclusive United States MLM distributor of Usborne Publishing Limited (“Usborne”) children’s books. EDC-owned products are sold via 4,000 retail outlets and EDC and Usborne products are offered by independent brand partners who hold book showings through social media, book fairs with schools and public libraries, in individual homes, as well as other in-person events and internet sales.

 

Contact:

Educational Development Corporation

Craig White, (918) 622-4522

 

Investor Relations:

Three Part Advisors, LLC

Steven Hooser or Jean Marie Young, (214) 872-2710