Item 7.01 Regulation FD Disclosure.
On October 13, 2021, AeroCentury Corp. (the "Company") issued a press release
announcing the payment of a special cash dividend of $0.6468 per share of common
stock (the "Dividend") to stockholders ("Legacy Shareholders") that hold shares
of Common Stock of the Company as of the effective date of the Plan (as defined
below) prior to the sale and issuance of Common Stock of the Company to the plan
sponsor investors led by Yucheng Hu.
Payment of the Dividend was made in connection with the previously announced
exit from Chapter 11 reorganization, as set forth in the Combined Disclosure
Statement and Joint Chapter 11 Plan of Reorganization of AeroCentury Corp, and
Its Affiliated Debtors Docket No. 0282 (the "Plan"), which was previously
approved by the U.S. Bankruptcy Court for the District of Delaware on August 31,
2021. The record date for the Dividend and the effective date of the Plan was
September 30, 2021. The Dividend was paid to the Legacy Shareholders on October
13, 2021. A copy of the press release is attached as Exhibit 99.1 hereto.
The information reported Item 7.01 in this Current Report on Form 8-K, including
Exhibit 99.1, is being "furnished" and shall not be deemed filed for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange
Act") or otherwise subject to the liabilities of that section, nor shall it be
deemed incorporated by reference in any filing under the Securities Act of 1933,
as amended, or the Exchange Act, regardless of any general incorporation
language in such filing.
Item 9.01 Financial Statements and Exhibits
Exhibit Exhibit Description
99.1 Press Release dated October 13, 2021 - AeroCentury Corp. Pays Special
104 Cover Page Interactive Data File (embedded within the Inline XBRL
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