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FORM 8-K

 

 

Date of report (Date of earliest event reported): April 1, 2024

 

(Exact name of registrant as specified in its charter)

 

(State or Other Jurisdiction of Incorporation)

 

 

(952) 445-7223

(Registrant’s telephone number, including area code)

 

 

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):

 

 

 

 

 

Securities Registered Pursuant to Section 12(b) of the Act

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). 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. ☐

 

 

 

 

On April 1, 2024, the Minnesota Racing Commission (the “MRC”) held a special meeting at which it approved on-track advance deposit wagering (“ADW”) on historical horse racing under the MRC’s authority provided in Minnesota Statutes Chapter 240. The final votes were counted with five votes for, one vote against, and one abstention. With this approval from the MRC, Canterbury Park Holding Corporation (the “Company”) would have the ability beginning May 21, 2024 to place up to 500 terminals for on-track ADW on historical horse racing at its racetrack in Shakopee, Minnesota.

 

On January 4, 2024, the Company submitted materials to the MRC to support the request for approval of on-track ADW on historical horse racing, which materials are furnished as Exhibit 99.1 to this Form 8-K.

 

The information in Item 8.01 of this Form 8-K (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filings made by the Company under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in any such filing, unless the Company expressly sets forth in such filing that such information is to be considered “filed” or incorporated by reference therein. The furnishing of this information will not be deemed an admission as to the materiality of any information contained herein.

 

 

 

 

 

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.