UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
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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:
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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 1.01 Entry into a Material Definitive Agreement.
On January 24, 2024, WidePoint Corporation was issued a Purchase Order from a commercial entity (the “Entity”) to provide services on the Entity’s behalf to its US Government-end customer a full range of managed telecom solutions with a contract ceiling of – assuming all options are exercised--of $20 million. The Purchase Order includes a performance period of 5 years, consisting of a three-year base period and two one-year option periods.
The foregoing description of the Purchase Order is qualified in its entirety by reference to the text of the Purchase Order, which will be filed with the Company’s annual report on Form 10-K for the year ended December 31, 2023.
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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 | ||
| Date: January 29, 2024 | /s/ Jin Kang | |
| Jin Kang | |
Chief Executive Officer |
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Cover |
Jan. 29, 2024 |
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| Cover [Abstract] | |
| Entity Registrant Name | WIDEPOINT CORPORATION |
| Entity Central Index Key | 0001034760 |
| Document Type | 8-K |
| Amendment Flag | false |
| Entity Emerging Growth Company | false |
| Document Period End Date | Jan. 29, 2024 |
| Entity File Number | 001-33035 |
| Entity Incorporation State Country Code | DE |
| Entity Tax Identification Number | 52-2040275 |
| Entity Address Address Line 1 | 11250 Waples Mill Road |
| Entity Address Address Line 2 | South Tower 210 |
| Entity Address City Or Town | Fairfax |
| Entity Address State Or Province | VA |
| Entity Address Postal Zip Code | 22030 |
| City Area Code | 703 |
| Local Phone Number | 349-2577 |
| Security 12b Title | Common Stock, $0.001 par value per share |
| Trading Symbol | WYY |
| Security Exchange Name | NYSE |
| Written Communications | false |
| Soliciting Material | false |
| Pre Commencement Tender Offer | false |
| Pre Commencement Issuer Tender Offer | false |