Welcome to our dedicated page for Harbor Diversified SEC filings (Ticker: HRBR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Harbor Diversified, Inc. (HRBR) files reports and disclosures with the U.S. Securities and Exchange Commission under Section 15(d) of the Exchange Act. Although the company has no class of securities registered under Section 12 and no securities listed on a national securities exchange, its SEC filings provide detailed information on its aviation-related interests, corporate governance, and significant agreements.
On this page, users can review Harbor Diversified’s Form 8-K current reports, which describe material events such as the Membership Interest Purchase Agreement under which its wholly owned subsidiary AWAC Aviation, Inc. agreed to sell 100% of the membership interests of Air Wisconsin Airlines LLC to CSI Aviation, Inc. The same 8-K also outlines asset purchase agreements for the sale of Bombardier model CL-600-2B19 CRJ200 aircraft and parts inventory to CSI and to UMB Bank as Trustee for Associated Lease and Finance Group, LLC, along with the expected aggregate purchase price and interdependence of these transactions.
Filings also include Form 8-K reports on corporate governance matters, such as the results of Harbor Diversified’s annual meeting of stockholders and the election of directors, as well as explanations of the company’s reporting status and the absence of Section 12 registration. Users can examine these documents to understand how Harbor Diversified structures its board, conducts stockholder meetings, and communicates voting outcomes.
In addition, Harbor Diversified has filed Form 12b-25 notifications of late filing, explaining delays in submitting a Quarterly Report on Form 10-Q and describing the need for additional time to finalize financial statements. These filings offer insight into the company’s reporting process and timing.
Stock Titan enhances access to these documents by providing real-time updates from EDGAR and AI-powered summaries that highlight key terms, transaction structures, and reporting details in Harbor Diversified’s 10-K, 10-Q, 8-K, Form 4, and other filings, helping users interpret lengthy regulatory texts more efficiently.
Harbor Diversified, Inc. completed the sale and disposition of its airline-related assets under several purchase agreements, receiving aggregate consideration of approximately $110 million. After this sale, neither the company nor its subsidiaries have material operating assets or infrastructure to run an airline, and its primary assets are cash, cash equivalents, restricted cash, and marketable securities.
The board is evaluating strategic alternatives, including potential investments or acquisitions in various industries, as well as possibilities such as cash dividends or liquidation, with no decisions made yet. The company has no material indebtedness and had 58,429,836 common shares outstanding as of December 31, 2025. It also changed its leadership structure, appointing new executive officers and paying transaction bonuses tied to the sale.
A previously disclosed securities class action, Toft v. Harbor Diversified, Inc., was dismissed, and the court granted Rule 11 sanctions against the Rosen Law Firm, with attorneys’ fees and costs still to be determined. The company is currently not in compliance with its SEC periodic reporting obligations but intends to file required reports and regain compliance, noting that ongoing delays could harm investor confidence and its ability to pursue strategic transactions.
Harbor Diversified, Inc. reported the results of its 2025 annual meeting of stockholders, held virtually on December 30, 2025. Stockholders of record as of December 1, 2025, holding 58,429,836 shares of common stock, were entitled to vote, and 41,098,970 shares were present or represented by proxy.
Three directors were elected to serve until the 2026 annual meeting or until earlier departure. Richard A. Bartlett received 39,579,900 votes for and 1,519,070 withheld. Nolan Bederman received 39,673,053 votes for and 1,425,917 withheld. Kevin J. Degen received 39,672,903 votes for and 1,426,067 withheld. There were no broker non-votes for these proposals.
The company noted that although it currently files certain reports under Section 15(d) of the Exchange Act, it does not have a class of securities registered under Section 12, so it is not required to comply with some disclosure requirements such as proxy statements and beneficial ownership filings.
Harbor Diversified, Inc. disclosed a set of interdependent sale transactions totaling an expected Aggregate Purchase Price of approximately $113.2 million. Through a Membership Interest Purchase Agreement, its subsidiary AWAC Aviation agreed to sell 100% of the membership interests in Air Wisconsin Airlines LLC to CSI Aviation, Inc., while separate asset purchase agreements provide for the sale of 13 Bombardier CRJ200 aircraft and parts to CSI and 12 Bombardier CRJ200 aircraft to ASL, all subject to customary closing conditions and required regulatory approvals.
The company also outlined timing and procedural details for its 2025 annual meeting of stockholders, scheduled for December 30, 2025, including the December 1, 2025 record date and revised deadlines for stockholder proposals, director nominations, and compliance with universal proxy rules.
Harbor Diversified, Inc. has filed a Form 12b-25 to notify the SEC that it will not file its Form 10-Q for the quarter ended September 30, 2025 on time and does not expect to file it within the standard 5-day extension period. The company cites the need for additional time to finalize its financial statements after significant effort devoted to completing its Form 10-K for the year ended December 31, 2023 and prior 2024 quarterly reports. The company also discloses that it has not yet filed its Form 10-K for the fiscal year ended December 31, 2024 or its Forms 10-Q for the quarters ended March 31, 2025 and June 30, 2025.
The company anticipates significant changes in its financial condition and results of operations for the period ended September 30, 2025 compared with the same period in 2024, driven by the previously announced termination of a capacity purchase agreement with American Airlines, a strategic shift in operations and consideration of other strategic alternatives, and a workforce reduction plan. It states that, due to uncertainties around its strategic realignment, it cannot provide a reasonable estimate of future operating results or compare them to prior periods.
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