Current Report Filing (8-k)
June 21 2021 - 05:15PM
Edgar (US Regulatory)
GEO GROUP INC false 0000923796 --12-31
0000923796 2021-06-17 2021-06-17
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): June 17, 2021
THE
GEO GROUP, INC.
(Exact Name of Registrant as Specified in its Charter)
|
|
|
|
|
Florida |
|
1-14260 |
|
65-0043078 |
(State or Other Jurisdiction
of Incorporation)
|
|
(Commission
File Number)
|
|
(IRS Employer
Identification No.)
|
|
|
|
4955 Technology Way, Boca Raton,
Florida |
|
33431 |
(Address of Principal Executive
Offices) |
|
(Zip Code) |
Registrant’s telephone number, including area code (561)
893-0101
N/A
(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 Instructions 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:
|
|
|
|
|
Title of each class
|
|
Trading
Symbol
|
|
Name of each exchange on
which registered
|
Common Stock, $0.01 Par
Value |
|
GEO |
|
New York Stock Exchange |
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. ☐
Section 5 Corporate Governance and Management
Item 5.03. |
Amendments to Articles of Incorporation or Bylaws; Change of Fiscal
Year.
|
On June 17, 2021, the Board of Directors (the “Board”) and the
Nominating and Governance Committee of The GEO Group, Inc. (“GEO”
or the “Company”) met jointly to approve the adoption of an
amendment and restatement of the Company’s Second Amended and
Restated Bylaws (the “Third Amended and Restated Bylaws” or as
amended and restated, the “Bylaws”) effective immediately. The
amendment and restatement was adopted to (i) add relevant
provisions regarding the new role of the Executive Chairman of the
Board and (ii) add an exclusive forum provision to the Bylaws
designating certain state and federal courts as the exclusive
forums in which certain claims against the Company may be
brought.
Article XI, Section 5 of the Bylaws was added to describe the
exclusive forum for the adjudication of disputes. The amendment and
restatement was adopted to add an exclusive forum provision to the
Bylaws designating the Fifteenth Judicial Circuit Court in and for
Palm Beach County, Florida (or, if no state court located within
the State of Florida has jurisdiction, the federal district court
for the Southern District of Florida) as the sole and exclusive
forum for certain actions. Those specific actions are (a) any
derivative action or proceeding brought on behalf of the Company,
(b) any action asserting a claim of breach of a fiduciary duty
owed by any current or former director, officer, employee or
shareholder of the Company to the Company or the Company’s
shareholders, (c) any action asserting a claim arising
pursuant to any provision of the Florida Business Corporation Act
or the articles of incorporation or bylaws (as either may be
amended from time to time), or (d) any action asserting a
claim governed by the internal affairs doctrine. The Board believes
that such designation promotes the efficient resolution of claims
and avoids duplicative lawsuits being brought in multiple
jurisdictions.
The amendment and restatement to the Bylaws also make other changes
to conform with the provisions. This summary of the amendment and
restatement to the Bylaws is qualified in its entirety by reference
to the complete copy of the Third Amended and Restated Bylaws of
The GEO Group, Inc., a copy of which is attached as
Exhibit 3.1 to this Current Report on Form 8-K and is incorporated by reference
herein.
Section 9 Financial Statements and Exhibits
Item 9.01. |
Financial Statements and Exhibits.
|
(d) Exhibits
2
SIGNATURES
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.
|
|
|
|
|
|
|
|
|
|
|
THE GEO GROUP, INC. |
|
|
|
|
June 21, 2021 |
|
|
|
By: |
|
/s/ Brian R. Evans
|
Date |
|
|
|
|
|
Brian R. Evans |
|
|
|
|
|
|
Senior Vice President and Chief
Financial Officer |
|
|
|
|
|
|
(Principal Financial
Officer) |
3
Geo (NYSE:GEO)
Historical Stock Chart
From Dec 2022 to Jan 2023
Geo (NYSE:GEO)
Historical Stock Chart
From Jan 2022 to Jan 2023