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): April 15, 2020
Intelligent Systems Corporation
(Exact Name of Registrant as Specified in Charter)
| Georgia | 001-09330 | 581964787 |
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification Number) |
| 4355 Shackleford Road, Norcross, Georgia 30093 |
| (Address of Principal Executive Offices) (Zip Code) |
(770) 381-2900
(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: | ||
| [ ] | 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 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). 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 | Name of each exchange on which registered |
| Common Stock, $0.01 par value for the class | INS | NYSE American |
Item 8.01. Other Events.
On April 15, 2020, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
SIGNATURE
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.
| Intelligent Systems Corporation | ||
| Date: April 15, 2020 | By: | /s/ Matthew A. White |
| Matthew A. White | ||
| CFO | ||
EXHIBIT 99.1
Intelligent Systems Announces Delay of Annual Meeting of Shareholders
NORCROSS, Ga., April 15, 2020 (GLOBE NEWSWIRE) -- Intelligent Systems Corporation [NYSE American: INS] announced today that, in light of public health concerns regarding the COVID-19 outbreak, the annual meeting of shareholders, originally scheduled to be held May 21, 2020 has been delayed. The company plans to hold the meeting at 4355 Shackleford Rd, Norcross, GA 30093, on August 6, 2020 at 4pm local time.
The meeting date of August 6, 2020 was chosen to maximize the possibility that shareholders would be able to meet in person and to avoid any conflicts with our second quarter earnings release. Proxy materials and notice of the meeting will be distributed to shareholders of record prior to the meeting.
About Intelligent Systems Corporation
For over thirty-five years, Intelligent Systems Corporation [NYSE American: INS] has identified, created, operated and grown technology companies. The company’s principal operations are CoreCard Software, Inc. (www.corecard.com) and its affiliate companies. CoreCard provides prepaid and credit card processing services using its proprietary software solutions that it also licenses to others. CoreCard has designed and developed a comprehensive suite of software solutions that corporations, financial institutions, retailers and processors use to manage credit and debit cards, prepaid cards, private label cards, fleet cards, loyalty programs, and accounts receivable and small loan transactions. CoreCard's flexible and proven processing platform is being utilized in many countries in addition to the United States including Australia, Canada, China, the United Arab Emirates, France, Italy, Mexico, New Zealand, Singapore, South Africa and the United Kingdom. Further information is available on the company’s website at www.intelsys.com or by calling the company at 770-381-2900.
Contact:
Intelligent Systems Corporation
Matthew A. White, Chief Financial Officer
770-564-5504
matt@intelsys.com