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CTD Holdings, Inc. Files 8-K: Strategic Advisor Torreya Capital Retained

$CYTHW
Form 8-K
Filed on: 2018-11-13
Source
CTD Holdings, Inc. Files 8-K: Strategic Advisor Torreya Capital Retained

Here are the key insights extracted from the provided section of the financial report (Form 8-K) for CTD Holdings, Inc.:

  1. Date of Report: The report was filed on November 9, 2018.
  2. Company Information:
  • Name: CTD Holdings, Inc.
  • State of Incorporation: Florida
  • Commission File Number: 000-25466
  • IRS Employer Identification Number: 59-3029743
  • Address: 6714 NW 16th Street, Suite B, Gainesville, Florida, 32563
  • Telephone Number: 386-418-8060
  1. Event Reported:
  • The company announced that it has retained Torreya Capital, LLC as its strategic advisor to support business development.
  1. Emerging Growth Company Status: The report indicates a check box for whether the registrant is an emerging growth company, but it is not marked.
  2. Signatory:
  • The report was signed by Jeffrey L. Tate, Chief Operating Officer, on November 13, 2018.

Insights:

  • Strategic Move: The retention of Torreya Capital, LLC suggests CTD Holdings, Inc. is looking to enhance its business development efforts, potentially indicating growth or a new strategic direction.
  • Formal Filing: The use of Form 8-K indicates that this is a significant event that required disclosure to the SEC, reflecting regulatory compliance.
  • Management Involvement: The involvement of the COO in signing the report highlights the importance of the event at the executive level.

Overall, the announcement of a strategic advisor could be a positive indicator for stakeholders regarding the company's future business initiatives.