SEC Filing Summary: Dataram Corporation (Form 8-K)
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Dataram Corporation on April 11, 2012, reporting events that occurred on April 10, 2012. The filing addresses a corporate action regarding the company's capital structure and does not contain financial results for a specific reporting period.
Key Financial Metrics
The filing text does not provide values for revenue, profit, cash flow, margins, debt, or liquidity. The report focuses exclusively on a stock repurchase authorization.
Material Changes
On April 10, 2012, the Board of Directors authorized a new share repurchase program. The key details are:
- Total Authorized Shares: Up to 1,000,000 shares of common stock.
- New Authorization: Approximately 828,000 shares.
- Remaining from Prior Authorization: Approximately 172,000 shares.
Guidance, Outlook, and Risks
The filing does not contain management guidance, financial outlook, risk factors, or contingencies. The event is categorized under Item 8.01 (Other Events) and is supported by a press release attached as Exhibit 99.1.
Investor Verification Checklist
- Verify the total number of shares authorized for repurchase (1,000,000) and the split between new and remaining authorizations.
- Review the attached press release (Exhibit 99.1) for specific terms of the repurchase program, such as pricing limits or duration.
- Confirm the company's current share count to assess the potential impact of the repurchase on outstanding shares.