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INLX · Current Report (Form 8-K) · Filed June 2, 2025

Intellinetics Inc — Current Report (Form 8-K)

Form
8-K
Filed
June 2, 2025
Period
May 28, 2025
Ticker
INLX
Accession
0001641172-25-013193
Boardroom Alpha · Filing insights

Graphic Sciences, Inc. secures a five-year Michigan procurement contract for document management services with an estimated value of $42,750,000; state can terminate.

About Intellinetics Inc
Market cap
$28M
1Y TSR
−42.6%
3Y TSR
+23.3%
Board grade
B-
Sector
Technology
CEO
Alison Forsythe
Last annual meeting: Jun 25, 2026 · View full Intellinetics Inc profile →

 

 

 

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): May 28, 2025

 

INTELLINETICS, INC.

(Exact name of Registrant as specified in its charter)

 

Nevada   001-41495   87-0613716

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S Employer

Identification No.)

 

2190 Dividend Dr., Columbus, Ohio   43228
(Address of principal executive offices)   (Zip code)

 

Registrant’s telephone number, including area code: (614) 388-8908

 

Intellinetics, Inc.

(Former name or former address, if changed since last report)

 

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 (see General Instruction A.2. below):

 

  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))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.001 par value   INLX   NYSE American

 

Securities registered pursuant to Section 12(g) of the Act: Common Stock, $0.001 par value

 

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 1.01 Entry into a Material Definitive Agreement.

 

On May 28, 2025, Graphic Sciences, Inc. (“GSI”), a wholly-owned subsidiary of Intellinetics, Inc. (the “Company”) entered into a 5-year renewal contract to provide services to the State of Michigan pursuant to the State of Michigan’s Standard Contract Terms, with an initial effective date of June 1, 2025 and expiring on May 30, 2030, unless earlier terminated in accordance with its terms (the “Michigan Contract”). Pursuant to the Michigan Contract, the various subdivisions, agencies, and municipalities within the State of Michigan may procure document management services from GSI at a fixed price during the term of the Michigan Contract. As set forth in the Michigan Contract, attached as an exhibit hereto, the estimated contract value over the entire term of the agreement is $42,750,000; however, the State of Michigan may terminate the Michigan Contract for a variety of reasons as set forth therein, and there is no guarantee that all, or any minimum level, of the estimated contract value will be realized by GSI.

 

The foregoing description of the Michigan Contract is a summary of, and does not purport to be a complete statement of, the Michigan Contract or the rights and obligations of the parties thereunder, and is qualified in its entirety by reference to the full text of the Michigan Contract, which is filed herewith as Exhibit 10.1 and incorporated herein by this reference.

 

Item 8.01 Other Events

 

On June 2, 2025, the Company issued a press release disclosing the events set forth in this Report. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

 

The information in this Item 8.01 of this Current Report is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section. The information in this Item 8.01 of this Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act, except as shall be expressly set forth by specific reference in any such filing.

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits

 

Exhibit No.   Name of Exhibit
     
10.1   State of Michigan Enterprise Procurement Notice of Contract No. 250000000654 between the State of Michigan and Graphic Sciences, Inc., dated May 28, 2025
     
99.1   Press release issued by the Company, dated June 2, 2025
     
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  INTELLINETICS, INC.
     
  By: /s/ James F. DeSocio
    James F. DeSocio
    President and Chief Executive Officer
     
Dated: June 2, 2025    

 

 

 

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Reference

Frequently asked questions

When did Intellinetics Inc file this 8-K?
Intellinetics Inc (INLX) filed this Current Report (Form 8-K) with the SEC on June 2, 2025. The accession number assigned by EDGAR is 0001641172-25-013193.
What does an 8-K disclose?
Form 8-K is the SEC's current-report form, used to disclose material events between periodic reports (10-K / 10-Q). Triggers include CEO/CFO departures, acquisitions, bankruptcies, earnings releases, auditor changes, changes in fiscal year, and amendments to corporate governance. Each 8-K is keyed to one or more Item numbers (1.01 through 9.01).
What is the key takeaway from this filing?
Graphic Sciences, Inc. secures a five-year Michigan procurement contract for document management services with an estimated value of $42,750,000; state can terminate. This is Boardroom Alpha's one-line summary of the current report; see the full filing text above for the formal disclosure.
What Item codes does an 8-K cover?
An 8-K's Item codes (1.01 through 9.01) specify what kind of event is being disclosed — e.g. Item 1.01 for entering a material agreement, Item 5.02 for departure/election of directors and executive officers, Item 8.01 for other events. The Item codes for this 8-K appear in the filing text above.
Where can I find Intellinetics Inc's prior current reports on EDGAR?
The SEC EDGAR browser lists every 8-K Intellinetics Inc has filed under CIK 1081745, sortable by date. Use the "View on SEC EDGAR" link in the page header, or browse directly via https://www.sec.gov/cgi-bin/browse-edgar.
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