Inactive Instrument

RTW Retailwinds, Inc.

Equities

RTWIQ

US74980D1000

RTW RETAILWINDS, INC. : Other Events (form 8-K)

June 01, 2020 at 05:00 pm EDT

Item 8.01 Other Events.

RTW Retailwinds, Inc. (the "Company") will be relying on the Securities and Exchange Commission's order (Release No. 34-88318) under Section 36 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") granting exemptions from specified provisions of the Exchange Act and certain rules thereunder, as amended by Release No. 34-88465 issued on March 25, 2020, to delay the filing of its Quarterly Report on Form 10-Q for the quarter ended May 2, 2020 (the "Report"), as well as to delay the filing of the information omitted from the Company's Annual Report on Form 10-K for the year ended February 1, 2020 pursuant to General Instruction G(3) of the Form 10-K (the "Part III Information") which it expects to provide in a Definitive Proxy Statement on Form DEF 14A ("Proxy Statement"), due to the circumstances related to the coronavirus (COVID-19) pandemic.

COVID-19 has caused disruptions to the Company's suppliers overseas and to its supply chain, has resulted in continued store closures, and had led to furloughs for all store associates as well as terminating certain corporate personnel. As a result, COVID-19 and related events have resulted in the Company's management devoting significant time and attention to assessing the existing and future impact of COVID-19 and those events on the Company's operations, financial position, and cash flows, and developing operational and financial plans to address those matters. This has diverted management and financial resources from completing all of the tasks necessary to file the Company's Quarterly Report by its June 11, 2020 due date. Notwithstanding the foregoing, the Company expects to file its Quarterly Report no later than July 27, 2020 (which is 45 days from the Report's original filing deadline of June 11, 2020). Similarly, this has diverted management and financial resources from completing all of the tasks necessary to file the Company's Proxy Statement by its June 1, 2020 due date. Notwithstanding the foregoing, the Company expects to file its Proxy Statement no later than July 16, 2020 (which is 45 days from the Report's original filing deadline of June 1, 2020).

Latest news about RTW Retailwinds, Inc.

RTW Retailwinds, Inc. Went Out of Business	20-12-30	CI
Joint Liquidation Plan Approved for RTW Retailwinds, Inc.	20-12-10	CI
Motion for Asset Sale Approved for RTW Retailwinds, Inc.	20-11-15	CI
First Motion for Exclusivity Period Extension Approved For RTW Retailwinds, Inc.	20-10-29	CI
Disclosure Statement Approved for RTW Retailwinds, Inc.	20-10-29	CI
Motion for Asset Sale Filed by RTW Retailwinds, Inc.	20-10-07	CI
First Motion for Exclusivity Period Extension Filed by RTW Retailwinds, Inc.	20-10-06	CI
Saadia Group, LLC completed the acquisition of E-Commerce business from a group of sellers.	20-09-30	CI
Joint Liquidation Plan and Disclosure Statement Filed by RTW Retailwinds, Inc.	20-09-30	CI
DIP Financing Approved for RTW Retailwinds, Inc.	20-09-15	CI
Motion for Asset Sale Approved for RTW Retailwinds, Inc.	20-09-04	CI
Consumer Cos Flat As California Covid Case Growth Slows -- Consumer Roundup	20-08-31	DJ
Saadia Group, LLC entered into an asset purchase agreement to acquire E-Commerce business from a group of sellers for $40 million.	20-08-30	CI
Notice of Selection of Successful Bidder Filed by RTW Retailwinds, Inc.	20-08-28	CI
Sunrise Brands, LLC cancelled the acquisition of E-Commerce business of RTW Retailwinds, Inc. (OTCPK:RTWI.Q), Lerner New York Holding, Inc., Lernco, Inc., Lerner New York, Inc., Lerner New York GC, LLC, Lerner New York Outlet, Inc., New York & Company Stores, Inc, FTF GC, LLC, Lerner New York FTF, LLC, Fashion to Figure, LLC and FTF IP Company, Inc.	20-08-27	CI
Motion For Asset Sale Approved on Final Basis - Store Closing Sales for RTW Retailwinds, Inc.	20-08-08	CI
Bidding Procedure Approved for RTW Retailwinds, Inc.	20-08-08	CI
Consumer Cos Up On Hopes That Coronavirus Spread Is Slowing -- Consumer Roundup	20-08-04	DJ
Stalking Horse Agreement Filed by RTW Retailwinds, Inc.	20-08-03	CI
Sunrise Brands, LLC entered into an asset purchase agreement to acquire E-Commerce business of RTW Retailwinds, Inc. (OTCPK:RTWI.Q), Lerner New York Holding, Inc., Lernco, Inc., Lerner New York, Inc., Lerner New York GC, LLC, Lerner New York Outlet, Inc., New York & Company Stores, Inc, FTF GC, LLC, Lerner New York FTF, LLC, Fashion to Figure, LLC and FTF IP Company, Inc. for $20 million.	20-08-02	CI
RTW Retailwinds Reportedly To Sell Its E-Commerce Business	20-07-22	CI
Motion for Asset Sale Filed by RTW Retailwinds, Inc.	20-07-17	CI
Motion For Asset Sale Approved on Interim Basis - Store Closing Sales for RTW Retailwinds, Inc.	20-07-15	CI
Motion for Joint Administration Approved for RTW Retailwinds, Inc.	20-07-15	CI
RTW Retailwinds, Inc. Filed for Bankruptcy	20-07-13	CI

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Company Profile

RTW Retailwinds Inc. is a specialty women's omni-channel retailer. The Company operates approximately 387 retail and outlet in over 33 states. The Company's portfolio includes branded merchandise from New York & Company, Fashion to Figure, and collaborations with Eva Mendes, Gabrielle Union and Kate Hudson. The Company's branded merchandise is sold exclusively at its retail locations and online at www.nyandcompany.com, www.nyandcompanycloset.com, www.fashiontofigure.com, and www.happyxnature.com. The Company offers a merchandise assortment consisting of wear-to-work, casual apparel and accessories, including pants, dresses, jackets, knit tops, blouses, sweaters, denim, t-shirts, activewear, handbags, jewelry and shoes. The Company's stores are concentrated in medium to large population centers of the United States and are located in shopping malls, lifestyle centers, outlet centers, and off-mall locations, including urban street locations.

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