Now SEC gets involved with fines / any additional actions - for missing 8-K.
he is incorrect. there was a material event. 7/31 deadline outcome should have been reported. extended/cancelled or completed - they had to update on time.
SYSX: Reporting Status U.S. Reporting: SEC Reporting
Form 8-K is known as a “current report” and it is the report that companies must file with the SEC to announce major events that shareholders should know about. Companies generally have four business days to file a Form 8-K for an event that triggers the filing requirement.