UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Securities Exchange Act of 1934
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Emerging growth company
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Item 1.01 Entry into a Material Definitive Agreement.
On June 20, 2024, WidePoint Corporation was issued a Contract Modification from the Department of Homeland Security to increase the potential total contract value of the Company’s CWMS 2.0 contract by $254 million, from $500 million to a total ceiling of $754 million. The increase allows the DHS to issue task orders up to the new ceiling value. All other terms and conditions of the existing contract remain unchanged. In addition, the Company issued a press release on June 25, 2024 further describing the contract action, which press release is furnished herewith as Exhibit 99.1 to this Current Report on Form 8-K.
The foregoing description of the modification is qualified in its entirety by reference to the text of the modification, which will be filed with the Company’s quarterly report on Form 10-Q for the period ended June 30, 2024.
Item 9.01(d) Financial Statements and Exhibits.
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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.
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| WIDEPOINT CORPORATION |
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Date: June 25, 2024 |
| /s/ Jin Kang |
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| Jin Kang |
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| Chief Executive Officer |
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