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VRS Verso

Filed: 9 Nov 20, 6:30am

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

____________________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): November 9, 2020

_____________________

 

VERSO CORPORATION

(Exact name of registrant as specified in its charter)

 

Delaware

 

001-34056

 

75-3217389

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification Number)

 

8540 Gander Creek Drive

Miamisburg, Ohio 45342

(Address, including zip code, of principal executive offices)

 

(877) 855-7243

(Registrants’ telephone number, including area code)

_______________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Class A common stock, par value $0.01 per share

VRS

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  

 


 

Item 2.02        Results of Operations and Financial Condition.

On November 9, 2020, Verso Corporation (“Verso”) issued a press release announcing its financial results for the third quarter ended September 30, 2020, and the declaration of a quarterly cash dividend of $0.10 per share of Verso’s Class A Common Stock (“Common Stock”). A copy of the press release is included as Exhibit 99.1 to this report.  The press release, including the information contained therein, is furnished pursuant to Item 2.02, is not to be considered “filed” under the Securities Exchange Act of 1934 (“Exchange Act”), as amended, and shall not be incorporated by reference into any of Verso’s previous or future filings under the Securities Act of 1933, as amended (“Securities Act”).

Item 7.01.        Regulation FD Disclosure.

 

Verso has prepared presentation materials (“Investor Presentation”) that management intends to use with its earnings conference call for its third quarter ended September 30, 2020 financial results, to be held at 9 a.m. Eastern Daylight Time on November 9, 2020. The Investor Presentation is furnished as Exhibit 99.2 hereto and is incorporated herein by reference.

 

The information furnished pursuant to this Item 7.01, including Exhibit 99.2, is not to be considered “filed” under the Exchange Act and shall not be incorporated by reference into any of Verso’s previous or future filings under the Securities Act

 

Item 8.01.        Other Events.

 

On November 9, 2020, Verso announced that it will pay a quarterly cash dividend of $0.10 per share of common stock payable on December 29, 2020, to stockholders of record on December 18, 2020.

 

Item 9.01       Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number

 

Description of Exhibit

99.1

 

Press release issued by Verso on November 9, 2020.

99.2

 

Investor Presentation dated November 9, 2020.

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document).


 


 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

Date: Novermber 9, 2020

 

 

 

 

 

 

 

 

VERSO CORPORATION

 

 

 

 

 

 

 

 

 

 

By:

/s/ Allen J. Campbell

 

 

 

Allen J. Campbell

 

 

 

Senior Vice President and Chief Financial Officer