STOCK TITAN

[8-K] BGSF, INC. Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K

BGSF, Inc. announced a special cash dividend of $2.00 per share payable on September 30, 2025 to shareholders of record as of September 23, 2025. Because the dividend exceeds 25% of the trading price of the common stock, the NYSE will require trading with due bills during the Dividend Right Period, meaning sellers from the record date through the close of trading on September 30, 2025 will transfer the right to receive the dividend to buyers. The company noted it has no role in setting or processing due bills and advised shareholders to consult brokers about the effect of NYSE due bill procedures. A press release is attached as Exhibit 99.1.

BGSF, Inc. ha annunciato un dividendo speciale in contanti di $2.00 per azione pagabile il 30 settembre 2025 agli azionisti registrati al 23 settembre 2025. Poiché il dividendo supera il 25% del prezzo di negoziazione delle azioni ordinarie, la NYSE richiederà la negoziazione con due bills durante il periodo di diritto al dividendo, nel senso che i venditori registrati dalla data di registrazione fino alla chiusura delle contrattazioni del 30 settembre 2025 trasferiranno il diritto a ricevere il dividendo agli acquirenti. L’azienda ha segnalato di non avere alcun ruolo nello stabilire o nell’elaborare i due bills e ha consigliato agli azionisti di consultare i broker sull’effetto delle procedure NYSE relative ai due bills. Un comunicato stampa è allegato come Exhibit 99.1.

BGSF, Inc. anunció un dividendo especial en efectivo de $2.00 por acción pagadero el 30 de septiembre de 2025 a los accionistas registrados al 23 de septiembre de 2025. Debido a que el dividendo supera el 25% del precio de negociación de las acciones comunes, la NYSE requerirá negociación con due bills durante el periodo de derecho al dividendo, lo que significa que los vendedores desde la fecha de registro hasta el cierre de operaciones el 30 de septiembre de 2025 transferirán el derecho a recibir el dividendo a los compradores. La compañía señaló que no tiene ningún papel en la realización o procesamiento de los due bills y aconsejó a los accionistas consultar con sus corredores sobre el efecto de los procedimientos de due bill de la NYSE. Un comunicado de prensa está adjunto como Exhibit 99.1.

BGSF, Inc.가 주당 $2.00의 특별 현금 배당금을 2025년 9월 30일에 지급하고, 2025년 9월 23일 현재 주주에게 기록되었다고 발표했습니다. 배당금이 일반주식 거래가의 25%를 초과하므로 NYSE는 배당권 기간 동안 due bills 거래를 요구할 것이며, 이는 기록일로부터 2025년 9월 30일 장 마감 시까지의 판매자들이 배당 수령 권리를 매수인에게 양도한다는 의미입니다. 회사는 due bills의 설정이나 처리에 관여하지 않으며 주주들에게 NYSE의 due bill 절차 영향에 대해 중개인과 상담할 것을 권고했습니다. Exhibit 99.1로 보도자료가 첨부되어 있습니다.

BGSF, Inc. a annoncé un dividende spécial en espèces de 2,00 $ par action payable le 30 septembre 2025 aux actionnaires enregistrés au 23 septembre 2025. Comme le dividende représente plus de 25% du prix de négociation de l’action ordinaire, le NYSE exigera une négociation avec des due bills pendant la période des droits au dividende, ce qui signifie que les vendeurs enregistrés du jour d’enregistrement jusqu’à la clôture des échanges le 30 septembre 2025 transmettront le droit de recevoir le dividende aux acheteurs. L’entreprise a indiqué qu’elle n’a aucun rôle dans la mise en place ou le traitement des due bills et a conseillé aux actionnaires de consulter leurs courtiers sur l’effet des procédures due bill de la NYSE. Un communiqué de presse est joint en tant qu’Exhibit 99.1.

BGSF, Inc. kündigte eine Sonderbardivung in Höhe von $2.00 pro Aktie an, zahlbar am 30. September 2025 an die am 23. September 2025 registrierten Aktionäre. Da die Dividende mehr als 25% des Handelspreises der Stammaktie beträgt, wird die NYSE während der Dividend-Right-Periode einen Handel mit due bills vorschreiben, was bedeutet, dass Verkäufer vom Aufzeichnungsdatum bis Handelsschluss am 30. September 2025 das Recht auf Erhalt der Dividende an Käufer übertragen. Das Unternehmen betonte, dass es keine Rolle bei der Festlegung oder Bearbeitung von due bills spiele, und riet den Aktionären, sich bei ihren Brokern über die Auswirkungen der NYSE-due-bill-Verfahren zu informieren. Eine Pressemitteilung ist als Exhibit 99.1 beigefügt.

BGSF, Inc. أعلنت عن توزيع نقدي خاص بقيمة $2.00 للسهم يمكن صرفه في 30 سبتمبر 2025 للمساهمين المسجلين في 23 سبتمبر 2025. وبما أن التوزيع يتجاوز 25% من سعر تداول السهم العادي، ستتطلب بورصة نيويورك due bills خلال فترة حق التوزيع، ما يعني أن البائعين من تاريخ التسجيل وحتى إغلاق التداول في 30 سبتمبر 2025 سينقلون حق استلام التوزيع إلى المشترين. أشارت الشركة إلى أنها لا تملك دوراً في إعداد أو معالجة due bills ونصحت المساهمين بمراجعة الوسطاء حول تأثير إجراءات NYSE الخاصة بـ due bills. مرفق بيان صحفي ك Exhibit 99.1.

BGSF, Inc. 宣布将于 2025年9月30日向在 2025年9月23日登记的股东支付每股 $2.00的特别现金股息。由于该股息超过普通股交易价格的25%,NYSE将要求在股息权期内进行 due bills 交易,这意味着自登记日到2025年9月30日交易结束前的卖方将把领取股息的权利转让给买方。公司指出其对设定或处理 due bills 不承担任何责任,并建议股东就 NYSE due bill 程序的影响咨询经纪人。附上的新闻稿作为 Exhibit 99.1。

Positive
  • Announced a clear special cash dividend of $2.00 per share, with specified record and payment dates
  • Transparent disclosure of NYSE due-bill treatment and that a press release (Exhibit 99.1) is attached
Negative
  • Dividend exceeds 25% of trading price, triggering due-bill trading which can complicate share transactions during the Dividend Right Period
  • Company disclaims any obligation for due-bill amounts or processing, placing operational responsibility on brokers and potentially causing investor confusion

Insights

TL;DR: A $2.00 special dividend is material and will affect short-term trading mechanics via due bills.

This special cash dividend of $2.00 per share is a sizable direct cash return to shareholders and is explicitly characterized as representing more than 25% of the trading price, triggering NYSE due-bill procedures. That creates a defined Dividend Right Period from the September 23 record date through the close of trading on September 30, 2025 and may concentrate trading activity and temporary price adjustments around these dates. The company disclaims responsibility for due-bill processing, so operational effects fall to brokers and exchanges rather than the issuer.

TL;DR: Disclosure follows exchange rules and clarifies shareholder mechanics but assigns operational obligations to brokers.

The filing provides the required disclosure about the special dividend, record date, payment date, and the NYSE's due-bill requirement. It appropriately informs shareholders that due-bill obligations are settled between brokers and that the company has no obligation for due-bill amounts or processing. From a governance and disclosure perspective this is procedurally complete and transparent regarding shareholder treatment during the Dividend Right Period.

BGSF, Inc. ha annunciato un dividendo speciale in contanti di $2.00 per azione pagabile il 30 settembre 2025 agli azionisti registrati al 23 settembre 2025. Poiché il dividendo supera il 25% del prezzo di negoziazione delle azioni ordinarie, la NYSE richiederà la negoziazione con due bills durante il periodo di diritto al dividendo, nel senso che i venditori registrati dalla data di registrazione fino alla chiusura delle contrattazioni del 30 settembre 2025 trasferiranno il diritto a ricevere il dividendo agli acquirenti. L’azienda ha segnalato di non avere alcun ruolo nello stabilire o nell’elaborare i due bills e ha consigliato agli azionisti di consultare i broker sull’effetto delle procedure NYSE relative ai due bills. Un comunicato stampa è allegato come Exhibit 99.1.

BGSF, Inc. anunció un dividendo especial en efectivo de $2.00 por acción pagadero el 30 de septiembre de 2025 a los accionistas registrados al 23 de septiembre de 2025. Debido a que el dividendo supera el 25% del precio de negociación de las acciones comunes, la NYSE requerirá negociación con due bills durante el periodo de derecho al dividendo, lo que significa que los vendedores desde la fecha de registro hasta el cierre de operaciones el 30 de septiembre de 2025 transferirán el derecho a recibir el dividendo a los compradores. La compañía señaló que no tiene ningún papel en la realización o procesamiento de los due bills y aconsejó a los accionistas consultar con sus corredores sobre el efecto de los procedimientos de due bill de la NYSE. Un comunicado de prensa está adjunto como Exhibit 99.1.

BGSF, Inc.가 주당 $2.00의 특별 현금 배당금을 2025년 9월 30일에 지급하고, 2025년 9월 23일 현재 주주에게 기록되었다고 발표했습니다. 배당금이 일반주식 거래가의 25%를 초과하므로 NYSE는 배당권 기간 동안 due bills 거래를 요구할 것이며, 이는 기록일로부터 2025년 9월 30일 장 마감 시까지의 판매자들이 배당 수령 권리를 매수인에게 양도한다는 의미입니다. 회사는 due bills의 설정이나 처리에 관여하지 않으며 주주들에게 NYSE의 due bill 절차 영향에 대해 중개인과 상담할 것을 권고했습니다. Exhibit 99.1로 보도자료가 첨부되어 있습니다.

BGSF, Inc. a annoncé un dividende spécial en espèces de 2,00 $ par action payable le 30 septembre 2025 aux actionnaires enregistrés au 23 septembre 2025. Comme le dividende représente plus de 25% du prix de négociation de l’action ordinaire, le NYSE exigera une négociation avec des due bills pendant la période des droits au dividende, ce qui signifie que les vendeurs enregistrés du jour d’enregistrement jusqu’à la clôture des échanges le 30 septembre 2025 transmettront le droit de recevoir le dividende aux acheteurs. L’entreprise a indiqué qu’elle n’a aucun rôle dans la mise en place ou le traitement des due bills et a conseillé aux actionnaires de consulter leurs courtiers sur l’effet des procédures due bill de la NYSE. Un communiqué de presse est joint en tant qu’Exhibit 99.1.

BGSF, Inc. kündigte eine Sonderbardivung in Höhe von $2.00 pro Aktie an, zahlbar am 30. September 2025 an die am 23. September 2025 registrierten Aktionäre. Da die Dividende mehr als 25% des Handelspreises der Stammaktie beträgt, wird die NYSE während der Dividend-Right-Periode einen Handel mit due bills vorschreiben, was bedeutet, dass Verkäufer vom Aufzeichnungsdatum bis Handelsschluss am 30. September 2025 das Recht auf Erhalt der Dividende an Käufer übertragen. Das Unternehmen betonte, dass es keine Rolle bei der Festlegung oder Bearbeitung von due bills spiele, und riet den Aktionären, sich bei ihren Brokern über die Auswirkungen der NYSE-due-bill-Verfahren zu informieren. Eine Pressemitteilung ist als Exhibit 99.1 beigefügt.

0001474903FalseFY2025BGSF, INC.00014749032025-09-162025-09-16

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):
September 16, 2025

bgicon2019a02.jpg 
BGSF, INC.
(Exact Name of Registrant as Specified in its Charter)
 
Delaware001-3670426-0656684
(State or Other Jurisdiction of
Incorporation)
(Commission File Number)(I.R.S. Employer Identification
Number)
5850 Granite Parkway, Suite 730
Plano, Texas 75024
(Address of principal executive offices, including zip code)
 
(972) 692-2400
(Registrant’s telephone number, including area code)
 
Not applicable
(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 obligations of the registrant under any of the following provisions:
¨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))

Indicate by check mark whether the registrant is an emerging growth company as defined in 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. ¨



Title of each classTrading Symbol(s)Name of each exchange on which registered
Common StockBGSFNYSE

Item 8.01Other Events.
 
On September 16, 2025, BGSF, Inc. (“BGSF” or “the Company”), issued a press release announcing additional information regarding the previously announced pending special cash dividend of $2.00 per share of the Company’s common stock, par value $0.01 per share (“Common Stock”), payable on September 30, 2025 to the holders of record of all of the issued and outstanding shares of Common Stock as of the close of business on September 23, 2025.

Because the payment of the special cash dividend represents more than 25% of the trading price of the Common Stock, NYSE has advised the Company that its common shares will trade with “due bills” representing an assignment of the right to receive the special cash dividend from the record date of September 23, 2025 through the closing of trading on NYSE on September 30, 2025, which is the payment date and the last day of trading before the October 1, 2025 ex-dividend date (this period of time representing the “Dividend Right Period”).

Shareholders who sell their Common Stock during the Dividend Right Period will be selling their right to the special cash dividend, and such shareholders will not be entitled to receive the special cash dividend. Due bills obligate a seller of Common Stock to deliver the special cash dividend payable on such Common Stock to the buyer (the “Dividend Right”). The record date of September 23, 2025 will be used as the date for establishing the due bill tracking of the Dividend Right to the holder of Common Stock.

Due bill obligations are customarily settled between the brokers representing the buyers and the sellers of shares. The Company has no obligation for either the amount of the due bill or the processing of the due bill. Buyers and sellers of the Common Stock should consult their brokers before trading to be sure they understand the effect of NYSE’s due bill procedures.

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01Financial Statements and Exhibits.

(d)Exhibits.
Exhibit No.Description
99.1
Press Release of BGSF, Inc., dated
September 16, 2025
104.0Cover Page Interactive Data File (embedded within the Inline XBRL document)




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.
 
  
  BGSF, INC.
   
   
Date:September 16, 2025 /s/ Keith Schroeder
 Name:
Title:
Keith Schroeder
Interim-Co Chief Executive Officer, Chief Financial Officer and Secretary
(Principal Executive Office and Principal Financial Officer)
 
 

FAQ

What special dividend did BGSF (BGSF) announce?

BGSF announced a special cash dividend of $2.00 per share of common stock.

Who is eligible to receive the BGSF special dividend?

Holders of record of BGSF common stock as of the close of business on September 23, 2025 are eligible.

When will BGSF pay the special dividend?

The special cash dividend is payable on September 30, 2025.

Why will BGSF shares trade with due bills?

NYSE advised due bills because the special dividend represents more than 25% of the trading price of the common stock, so trading during the Dividend Right Period assigns the right to the dividend.

What should shareholders do about due-bill procedures?

The filing advises buyers and sellers to consult their brokers because due-bill obligations are customarily settled between brokers and the company has no obligation for due-bill processing.
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