Business Context and Reporting Period
This Form 8-K filing by Global Industrial Company (formerly Systemax Inc.) reports a corporate name change effective June 21, 2021. The company is incorporated in Delaware and its common stock trades on the New York Stock Exchange.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance changes and does not contain financial performance data.
Material Changes
- Legal Name: Changed from "Systemax Inc." to "Global Industrial Company."
- Stock Ticker: Changed from "SYX" to "GIC" on the New York Stock Exchange.
- CUSIP Number: Updated to 37892E 102.
- Governance: Amendments were made to the Certificate of Incorporation and Bylaws to reflect the new name.
Outlook, Risks, and Management Commentary
Management confirmed that the name and ticker symbol changes do not affect the rights of stockholders. Existing stock certificates reflecting the former name remain valid and will be exchanged for new certificates in due course. No specific risks, contingencies, or forward-looking guidance regarding financial performance were disclosed in this filing.
Investor Verification Checklist
- Verify the new ticker symbol "GIC" on trading platforms.
- Confirm the updated CUSIP number (37892E 102) for settlement purposes.
- Review the attached Charter Amendment (Exhibit 3.1) and Bylaws (Exhibit 3.2) for full legal details.
- Check subsequent filings for the first financial report under the new corporate name.