Business Context and Reporting Period
This Form 8-K Current Report was filed by PeerStream, Inc. (formerly Snap Interactive, Inc.) on March 13, 2018, covering events that occurred on March 12, 2018. The filing documents a corporate name change and the associated update to the company's stock ticker symbol.
Key Financial Metrics
This filing is a corporate governance report and does not contain financial statements. Consequently, there is no data provided regarding revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
- Name Change: The company's legal name was changed from "Snap Interactive, Inc." to "PeerStream, Inc." effective March 12, 2018.
- Symbol Change: Common stock began trading under the new ticker symbol "PEER" on March 12, 2018.
- CUSIP Update: The new CUSIP number for the common stock is 70555R 102.
- Corporate Governance: The Board of Directors approved Amendment No. 2 to the Amended and Restated By-Laws to reflect the new name. Stockholder approval was not required under Delaware General Corporation Law.
Guidance, Outlook, and Risks
The filing does not provide financial guidance, management outlook, or discuss specific risks or contingencies. It notes that the name and symbol changes do not affect the rights of security holders. Existing stock certificates reflecting the former name remain valid and will be exchanged for new certificates in due course.
Investor Verification Checklist
- Verify the new ticker symbol "PEER" on the OTC Markets.
- Confirm the new CUSIP number 70555R 102 for trading and settlement purposes.
- Review the attached press release (Exhibit 99.1) for any additional strategic context regarding the rebranding.
- Check future filings for the first financial report issued under the new corporate name.