Item 8.01 Other Events.
On
The special dividend of
This is the Company's first cash dividend on its Common Stock, and the Company is implementing a quarterly program with the intention of paying regular cash dividends as determined by its Board of Directors based on the Company's future financial performance. The Company anticipates that the regular quarterly cash dividends will be at a rate substantially less than this initial special dividend.
A copy of the press release announcing the Company's special cash dividend is attached hereto as Exhibit 99.1 and is incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. Exhibit No. Description 99.1 Press release datedMay 13, 2022 Page 2 of 3
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