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EX-99.1 - EXHIBIT 99.1 - Verso Corptv483369_ex99-1.htm

 

 

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): January 16, 2018

 

 

 

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) 

 

8450 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))

 

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 8.01Other Events.

 

On January 16, 2018, the Board of Directors (the “Board”) of Verso Corporation (“Verso” or the “Company”) announced that the Strategic Alternatives Committee (the “Committee”) formed by the Board in September 2017, has, at the direction of the Board, expanded its evaluation of potential transaction alternatives to include a potential sale or merger of the entire company. A copy of the press release is attached hereto as Exhibit 99.1.

 

Item 9.01Financial Statements and Exhibits.

 

(d)Exhibits

 

Exhibit    
Number                          Description of Exhibit
     
99.1   Press release issued by the Company on January 16, 2018.

 

 

 
 

 

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: January 16, 2018

 

  VERSO CORPORATION  
       
       
  By: /s/ Allen J. Campbell  
    Allen J. Campbell  
    Senior Vice President and Chief Financial Officer  

 

 

 
 

 

EXHIBIT INDEX

 

 

Exhibit    
Number                          Description of Exhibit
     
99.1   Press release issued by the Company on January 16, 2018.