STOCK TITAN

[8-K] WidePoint Corporation Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Uni-Fuels Holdings Limited filed a Form 6-K dated 21 July 2025.

  • The filing furnishes a press release announcing the Company’s first commercial paper issuance on the ADDX digital securities exchange.
  • The tranche was oversubscribed, raising USD 3 million.

No information is provided on coupon, tenor, pricing, use-of-proceeds or comparative liquidity metrics, so the overall balance-sheet impact cannot be fully evaluated from this filing alone.

Uni-Fuels Holdings Limited ha presentato un modulo 6-K datato 21 luglio 2025.

  • Il documento include un comunicato stampa che annuncia la prima emissione di commercial paper della Società sulla piattaforma di titoli digitali ADDX.
  • La tranche è stata sovrasottoscritta, raccogliendo 3 milioni di USD.

Non sono fornite informazioni su cedola, durata, prezzo, utilizzo dei proventi o metriche di liquidità comparativa, pertanto l'impatto complessivo sul bilancio non può essere valutato completamente solo da questo documento.

Uni-Fuels Holdings Limited presentó un Formulario 6-K con fecha 21 de julio de 2025.

  • El documento incluye un comunicado de prensa que anuncia la primera emisión de papel comercial de la Compañía en la bolsa de valores digitales ADDX.
  • La emisión fue sobresuscrita, recaudando 3 millones de USD.

No se proporciona información sobre cupón, plazo, precio, uso de los fondos o métricas comparativas de liquidez, por lo que el impacto total en el balance no puede evaluarse completamente solo con este documento.

Uni-Fuels Holdings Limited는 2025년 7월 21일자 Form 6-K를 제출했습니다.

  • 이 제출 문서에는 회사의 첫 상업어음 발행을 ADDX 디지털 증권 거래소에서 발표하는 보도자료가 포함되어 있습니다.
  • 이 트랜치는 초과 청약되어 300만 달러를 조달했습니다.

쿠폰, 만기, 가격, 자금 사용 목적 또는 비교 유동성 지표에 대한 정보가 제공되지 않아, 이 제출 문서만으로는 전체 재무 상태에 미치는 영향을 완전히 평가할 수 없습니다.

Uni-Fuels Holdings Limited a déposé un formulaire 6-K daté du 21 juillet 2025.

  • Le dépôt comprend un communiqué de presse annonçant la première émission de billets de trésorerie de la société sur la bourse de titres numériques ADDX.
  • La tranche a été sursouscrite, levant 3 millions de dollars US.

Aucune information n’est fournie concernant le coupon, la durée, le prix, l’utilisation des fonds ou les indicateurs de liquidité comparatifs, de sorte que l’impact global sur le bilan ne peut être pleinement évalué à partir de ce seul dépôt.

Uni-Fuels Holdings Limited hat ein Formular 6-K mit Datum 21. Juli 2025 eingereicht.

  • Die Einreichung enthält eine Pressemitteilung, die die erste Commercial Paper-Emission des Unternehmens an der digitalen Wertpapierbörse ADDX ankündigt.
  • Die Tranche war überzeichnet und brachte 3 Millionen USD ein.

Es werden keine Informationen zu Kupon, Laufzeit, Preisgestaltung, Verwendung der Erlöse oder vergleichbaren Liquiditätskennzahlen bereitgestellt, sodass die Gesamtbilanzwirkung allein anhand dieser Einreichung nicht vollständig bewertet werden kann.

Positive
  • Oversubscribed USD 3 million commercial paper issuance demonstrates investor demand and adds incremental liquidity.
Negative
  • No disclosure of coupon, tenor, pricing or use-of-proceeds limits evaluation of funding cost and strategic impact.
  • Small issuance size suggests limited balance-sheet effect unless the Company’s scale is very small.

Insights

TL;DR: Small but oversubscribed $3 m CP deal hints at demand; financial impact unclear without terms.

The disclosed USD 3 million commercial paper issuance is the Company’s first use of ADDX’s digital platform. Oversubscription signals investor appetite and may slightly lower funding costs versus traditional channels. However, the absence of maturity, coupon or use-of-proceeds data prevents assessment of cost of capital or leverage effects. Given the modest size, the event is likely liquidity-positive but not materially transformative.

Uni-Fuels Holdings Limited ha presentato un modulo 6-K datato 21 luglio 2025.

  • Il documento include un comunicato stampa che annuncia la prima emissione di commercial paper della Società sulla piattaforma di titoli digitali ADDX.
  • La tranche è stata sovrasottoscritta, raccogliendo 3 milioni di USD.

Non sono fornite informazioni su cedola, durata, prezzo, utilizzo dei proventi o metriche di liquidità comparativa, pertanto l'impatto complessivo sul bilancio non può essere valutato completamente solo da questo documento.

Uni-Fuels Holdings Limited presentó un Formulario 6-K con fecha 21 de julio de 2025.

  • El documento incluye un comunicado de prensa que anuncia la primera emisión de papel comercial de la Compañía en la bolsa de valores digitales ADDX.
  • La emisión fue sobresuscrita, recaudando 3 millones de USD.

No se proporciona información sobre cupón, plazo, precio, uso de los fondos o métricas comparativas de liquidez, por lo que el impacto total en el balance no puede evaluarse completamente solo con este documento.

Uni-Fuels Holdings Limited는 2025년 7월 21일자 Form 6-K를 제출했습니다.

  • 이 제출 문서에는 회사의 첫 상업어음 발행을 ADDX 디지털 증권 거래소에서 발표하는 보도자료가 포함되어 있습니다.
  • 이 트랜치는 초과 청약되어 300만 달러를 조달했습니다.

쿠폰, 만기, 가격, 자금 사용 목적 또는 비교 유동성 지표에 대한 정보가 제공되지 않아, 이 제출 문서만으로는 전체 재무 상태에 미치는 영향을 완전히 평가할 수 없습니다.

Uni-Fuels Holdings Limited a déposé un formulaire 6-K daté du 21 juillet 2025.

  • Le dépôt comprend un communiqué de presse annonçant la première émission de billets de trésorerie de la société sur la bourse de titres numériques ADDX.
  • La tranche a été sursouscrite, levant 3 millions de dollars US.

Aucune information n’est fournie concernant le coupon, la durée, le prix, l’utilisation des fonds ou les indicateurs de liquidité comparatifs, de sorte que l’impact global sur le bilan ne peut être pleinement évalué à partir de ce seul dépôt.

Uni-Fuels Holdings Limited hat ein Formular 6-K mit Datum 21. Juli 2025 eingereicht.

  • Die Einreichung enthält eine Pressemitteilung, die die erste Commercial Paper-Emission des Unternehmens an der digitalen Wertpapierbörse ADDX ankündigt.
  • Die Tranche war überzeichnet und brachte 3 Millionen USD ein.

Es werden keine Informationen zu Kupon, Laufzeit, Preisgestaltung, Verwendung der Erlöse oder vergleichbaren Liquiditätskennzahlen bereitgestellt, sodass die Gesamtbilanzwirkung allein anhand dieser Einreichung nicht vollständig bewertet werden kann.

 

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):  July 18, 2025

_________________

 

WIDEPOINT CORPORATION

(Exact Name of Registrant as Specified in Charter)

 

Delaware

 

001-33035

 

52-2040275

(State or Other Jurisdiction of Incorporation)

 

(Commission File Number)

 

(I.R.S. Employer

Identification No.)

 

 11250 Waples Mill Road, South Tower 210, Fairfax, Virginia

 

22030

 (Address of Principal Executive Office)

 

 (Zip Code)

 

Registrant’s telephone number, including area code: (703) 349-2577

______________________________________________________________________________

 

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:

 

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 Exchange on Which Registered

Common Stock, $0.001 par value per share

WYY

NYSE American

 

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.     ☐

 

 

 

 

Item 5.02(e): Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On July 18, 2025, the stockholders of WidePoint Corporation (the “Company”) approved an amendment and restatement of the WidePoint Omnibus Incentive Plan (the “Plan”) to increase the number of shares authorized for issuance by one million shares (1,100,000). The Plan was filed as Appendix A to the Company’s definitive proxy statement filed June 3, 2025 and the terms thereof are incorporated herein by reference.

 

Item 5.07 Submission of Matters to a Vote of Security Holders.

 

On July 18, 2025, the Company held an annual meeting of its stockholders to vote on the following proposals:

 

Proposal One: The board of directors nominated one director nominee as a Class I director to serve for a three-year period until the Annual Meeting of Stockholders in the year 2028. In accordance with the voting results listed below, the director nominee was elected to the board of directors.

 

Nominee

For

Withheld

Broker Non-Votes

Jin Kang

2,560,085

342,364

2,475,367

 

Proposal Two: The board of directors selected the accounting firm of Moss Adams LLP following its business combination with Baker Tilly as independent accountants for the Company for the fiscal year ending December 31, 2025. The board of directors directed that the appointment of the independent accountants be submitted for ratification by the stockholders at the annual meeting. Therefore, in accordance with the voting results listed below, the appointment of Baker Tilly was ratified by the stockholders to serve as the independent registered public accountants for the Company for the current fiscal year ending December 31, 2025.

 

For

Against

Abstain

Broker Non-Votes

3,714,544

1,421,125

242,147

-

 

Proposal Three: To approve an amendment and restatement of the Plan to increase the number of shares authorized to be issued by 1.1 million shares. In accordance with the voting results listed below, the amended and restated Plan was approved.

 

For

Against

Abstain

Broker Non-Votes

2,205,092

651,952

45,405

2,475,3637

 

Proposal Four: In accordance with Section 14A of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), the Company asked stockholders to approve an advisory resolution on executive compensation, commonly referred to as “say on pay”. In accordance with the voting results listed below, the advisory resolution on executive compensation was approved.

 

For

Against

Abstain

Broker Non-Votes

2,365,355

392,784

144,310

2,475,367

 

Proposal Five: Pursuant to Section 14A of the Exchange Act, stockholders were asked to vote on whether future advisory votes on executive compensation of the nature reflected in Proposal No. 2 should occur every year, every 2 years or every 3 years. In accordance with the voting results listed below, the stockholders recommended an advisory vote on compensation every three years. As a result, the Company will have an advisory vote on executive compensation every three years.

 

1 Year

2 Years

3 Years

Abstain

Broker Non-Votes

1,322,860

217,519

1,326,443

35,627

2,475,367

 

 
2

 

 

Item 9.01(d) Financial Statements and Exhibits.

 

Exhibit 10.1

 

Amended and Restated Omnibus Incentive Plan (incorporated by reference from Appendix A to the definitive proxy statement filed on June 3, 2025)

 

 

 

Exhibit 104

 

Cover Page Interactive Data File (embedded within the inline XBRL document)

 

 
3

 

 

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.

 

 

WIDEPOINT CORPORATION

 

 

 

 

 

/s/ Jin Kang

 

Date: July 21, 2025

Jin Kang

 

 

Chief Executive Officer

 

 

 
4

 

FAQ

What did Uni-Fuels (UFG) announce in its July 21 2025 Form 6-K?

The filing reports completion of the Company’s first, oversubscribed USD 3 million commercial paper issuance on ADDX.

How much capital did Uni-Fuels raise through the commercial paper issuance?

The Company raised USD 3 million.

Was the Uni-Fuels commercial paper offering successful?

Yes. The filing states the issuance was oversubscribed, indicating demand exceeded supply.

Which platform handled the Uni-Fuels commercial paper issuance?

The issuance was conducted on the ADDX digital securities platform.

Does the filing disclose interest rate or maturity terms of the paper?

No. The Form 6-K does not include coupon, tenor or pricing details.
Widepoint

NYSE:WYY

WYY Rankings

WYY Latest News

WYY Latest SEC Filings

WYY Stock Data

30.52M
7.86M
20.43%
13.76%
0.39%
Information Technology Services
Services-computer Integrated Systems Design
Link
United States
FAIRFAX