Item 1.01 Entry into a Material Definitive Agreement.
CCC Sale Transaction
On
The closing of the transactions contemplated by the Purchase Agreement are subject to customary conditions as set forth in the Purchase Agreement, including consents required under the Company's secured revolving credit facility and senior term loan facility agreement. The Purchase Agreement contains representations, warranties, indemnification obligations and covenants of the parties customary for a transaction of this type.
It is anticipated that the closing of the closing of the transactions contemplated by the Purchase Agreement will occur during the second quarter of 2023.
Forward-Looking Statements
The matters regarding the future discussed in this Form 8-K include
forward-looking statements as defined in the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements are intended to be
identified in this document by the words "anticipate," "believe," "estimate,"
"expect," "intend," "may," "objective," "outlook," "plan," "project,"
"possible," "potential," "should" and similar expressions. As described below,
such statements are subject to a number of risks and uncertainties that could
cause the actual Startek results to differ materially from those expressed or
implied by any such forward-looking statements. Readers are encouraged to review
risk factors and all other disclosures appearing in the Company's Form 10-K for
the fiscal year ended
Item 9.01 Financial Statements and Exhibits.
Exhibit Number Exhibit Description 99.1 Press Release DatedJanuary 11, 2023 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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