Item 7.01. Regulation FD Disclosure
GSE Systems, Inc. (the "Company") has issued a press release announcing Renewed
5-Year Contract with Additional Options Worth Up to Approximately $28.3M for
Engineering Services. A copy of the Company's press release is furnished as
Exhibit 99.1 hereto and is incorporated herein by reference.
Cautionary Statement Regarding Forward-Looking Statements
This Current Report on Form 8-K contains "forward-looking statements" within the
meaning of the federal securities laws, including Section 27A of the Securities
Act of 1933, as amended (the Securities Act), and Section 21E of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"). The Company has made
these forward-looking statements in reliance on the safe harbor provisions of
the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you
can identify these statements by forward-looking words such as "at that time,"
"expects," "intends," "may," "remain," "seeking," "will," "would," or the
negative of these terms and other similar terminology. Such forward-looking
statements are predictions and projections about future events based on the
Company's current expectations, objectives, and intentions and are premised on
current assumptions. Actual outcomes could be materially different than those
expressed, implied, or anticipated by forward-looking statements due to a
variety of factors, including, but not limited to: market conditions and their
impact on the Company's trading price on the Nasdaq Capital Market; our ability
to manage performance and other risks related to customer contracts; delays in
the U.S. government contract procurement process of the award of contracts or
our ability to win contracts; changes in U.S. government procurement rules,
regulations and practices; and other important factors discussed in Part I, Item
1A, "Risk Factors" in the Company's Annual Report on Form 10-K for the year
ended December 31, 2021, which was filed with the SEC on March 31, 2022 (its
Annual Report) and its subsequent reports on Forms 10-Q and 8-K filed with the
SEC. Any forward-looking statements made by the Company in this Current Report
on Form 8-K are based only on currently available information and speak only as
of the date of this report. Except as otherwise required by securities and other
applicable laws, the Company does not assume any obligation to publicly provide
revisions or updates to any forward-looking statements, whether as a result of
new information, future developments or otherwise, should circumstances change.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits
99.1 The press release of GSE Systems, Inc., dated January 18, 2023, announcing
Renewed 5-Year Contract with Additional Options Worth Up to Approximately $28.3M
for Engineering Services.
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