Item 3.02 Unregistered Sales of Equity Securities. To the extent applicable, the information in the Introductory Note and Item 8.01 of this Current Report on Form 8-K is incorporated by reference into this Item 3.02. Item 8.01 Other Events. On March 20, 2023, the Company issued (i) 700,000 shares of common stock, par value $1.00 per share, of the Company (“Common Stock”) to TestEquity Equityholder (the “TestEquity Holdback Shares”) and (ii) 1,000,000 shares of Common Stock to Gexpro Services Stockholder (the “Gexpro Services Holdback Shares” and, together with the TestEquity Holdback Shares, the “Holdback Shares”), in each case pursuant to the terms of the earnout provisions of the TestEquit(…)
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