Form 8-K - Current report
July 13 2023 - 8:01AM
Edgar (US Regulatory)
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2023-06-06
2023-06-06
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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
June
6, 2023
Date
of Report (Date of earliest event reported)
Evergreen Sustainable Enterprises, Inc.
(Exact
name of registrant as specified in its charter)
Delaware |
|
000-55019 |
|
26-3119496 |
(State
or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(I.R.S.
Employer
Identification No.) |
8533 Midway Road, Dallas, Texas |
|
75209 |
(Address
of principal executive offices) |
|
(Zip
Code) |
(469)
209-6154
(Registrant’s
telephone number, including area code)
(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 Instruction 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)) |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2
of the Securities Exchange Act of 1934.
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. ☐
Securities
registered pursuant to Section 12(b) of the Act:
Title of each class | |
Trading Symbol(s) | |
Name of each exchange on which registered |
| |
| |
|
CAUTIONARY
NOTE REGARDING FORWARD-LOOKING STATEMENTS
This Current
Report on Form 8-K and other reports filed by us from time to time with the Securities and Exchange Commission (collectively the “Filings”)
contain or may contain forward-looking statements and information that are based upon beliefs of, and information currently available
to, our management as well as estimates and assumptions made by our management. When used in the filings the words “anticipate”,
“believe”, “estimate”, “expect”, “future”, “intend”, “plan” or
the negative of these terms and similar expressions as they relate to us or our management identify forward looking statements. Such
statements reflect the current view of our management with respect to future events and are subject to risks, uncertainties, assumptions
and other factors (including the risks contained in the section of this report entitled “Risk Factors”) as they relate to
our industry, our operations and results of operations, and any businesses that we may acquire. Should one or more of the events described
in these risk factors materialize, or should our underlying assumptions prove incorrect, actual results may differ significantly from
those anticipated, believed, estimated, expected, intended or planned.
Although
we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels
of activity, performance or achievements. Except as required by applicable law, including the U.S. federal securities laws, we do not
intend to update any of the forward-looking statements to conform them to actual results. The following discussion should be read in
conjunction with our pro forma financial statements and the related notes that will be filed herein.
Item 8.01 Other
Events.
As previously
disclosed, Evergreen Sustainable Enterprises, Inc.’s (the “Company”) wholly-owned subsidiary, GENH Halcyon Acquisition,
LLC (f/k/a Halcyon Thruput, LLC)(“Halcyon”) is a plaintiff in a lawsuit in the United States District Court for the Northern
District of Texas, Dallas Division, Case No. 3:21-CV-3136-K against United National Insurance Company (“UNIC”) regarding
a claim under an all-risks commercial insurance policy (the “Action”).
On June 7, 2023, Halcyon received a ruling in that Action in an Umpire
Report issued the prior day by an Umpire appointed by the Honorable Ed Kinkeade, the United States District Judge presiding over this
Action. The Umpire was directed by Judge Kinkeade to address the appraisal of damages in this Action on April 20, 2023. The Umpire Report
sets forth the Umpire’s determination of the requested appraisal for damage, loss, and repairs in a claim against UNIC. The Umpire
Report found in favor of Halcyon and determined the appropriate measure of damages is $1,498,848.00. A portion of those damages, as previously
disclosed by the Company, were previously received from UNIC.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, Evergreen Sustainable Enterprises, Inc. has duly caused this current report
to be signed on its behalf by the undersigned hereunto duly authorized.
|
EVERGREEN
SUSTAINABLE ENTERPRISES, INC. |
|
|
|
Date:
July 13, 2023 |
By: |
/s/
Gary C. Evans |
|
|
Gary C. Evans |
|
|
Chief Executive Officer |
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