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This document is a Form 8-K report filed by QuickLogic Corporation regarding their entry into a loan agreement with Heritage Bank of Commerce under the Paycheck Protection Program (PPP) as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). It includes details about the loan amount, terms, potential forgiveness, and financial results for the first quarter of fiscal 2020.
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What is form 8-k?
Form 8-K is a report that public companies are required to file with the U.S. Securities and Exchange Commission (SEC) to disclose certain material events that may affect their financial condition or operations.
Who is required to file form 8-k?
Public companies registered with the SEC are required to file Form 8-K whenever a significant event occurs that shareholders should know about.
How to fill out form 8-k?
To fill out Form 8-K, a company must provide relevant information about the event, including the date of the event, a description of the event, and the applicable rule under which the form is being filed, along with any required financial statements or exhibits.
What is the purpose of form 8-k?
The purpose of Form 8-K is to ensure that shareholders and the public have timely access to important information about a company's financial and operational status.
What information must be reported on form 8-k?
Information that must be reported includes material events such as changes in control, bankruptcy, acquisitions, financial results, departure of directors, and changes in the company’s independent auditor.
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