# EDGAR Filing Document

**Accession Number:** 0001081745
**File Stem:** 0001641172-25-016234
**Filing Date:** 2025-6
**Character Count:** 12214
**Document Hash:** 028a044a1f03e95f1875125cc9b93483
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001641172-25-016234.hdr.sgml**: 20250624

**ACCESSION NUMBER**: 0001641172-25-016234

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20250618

**ITEM INFORMATION**: Termination of a Material Definitive Agreement

**ITEM INFORMATION**: Submission of Matters to a Vote of Security Holders

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250624

**DATE AS OF CHANGE**: 20250624

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** INTELLINETICS, INC.
- **CENTRAL INDEX KEY:** 0001081745
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 870613716
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41495
- **FILM NUMBER:** 251066871

**BUSINESS ADDRESS:**
- **STREET 1:** 2190 DIVIDEND DRIVE
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43228
- **BUSINESS PHONE:** 6143888909

**MAIL ADDRESS:**
- **STREET 1:** 2190 DIVIDEND DRIVE
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43228

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GLOBALWISE INVESTMENTS INC
- **DATE OF NAME CHANGE:** 20000928

?xml version='1.0' encoding='ASCII'?

**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): June 18, 2025**

**INTELLINETICS, INC.**

**(Exact name of Registrant as specified in its charter)**

---

| | | |
|:---|:---|:---|
| **Nevada** | **000-31671** | **87-0613716** |
| **(State or other jurisdiction** | **(Commission** | **(I.R.S Employer** |
| **of incorporation)** | **File Number)** | **Identification No.)** |

---

---

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

---

**Registrant's telephone number, including area code**: **614-921-8170**

**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 1.02 Termination of a Material Definitive Agreement.**

The Company has prepaid and terminated, without penalty, notes payable with a maturity date of December 31, 2025, issued to various accredited investors. The aggregate amount prepaid was $1,373,740, consisting of $1,339,500 in principal and $34,240 in interest. Of this prepayment, $545,772 in principal and interest was paid to related parties including Michael N. Taglich, a director and beneficial owner of more than 10% of the outstanding stock in the Company, and Robert F. Taglich, a beneficial owner of more than 10% of the outstanding stock in the Company.

**Item 5.07 Submission of Matters to a Vote of Security Holders.**

**2025 Annual Meeting of Stockholders**

On June 18, 2025, the Company held its 2025 Annual Meeting of Stockholders (the "2025 Annual Meeting"). A total of 4,341,458 shares of Common Stock were issued and outstanding on April 21, 2025, the record date for the 2025 Annual Meeting, and were entitled to vote thereat, of which 2,207,584 shares were present, in person or by proxy, thus constituting a quorum at the 2025 Annual Meeting.

Set forth below are the voting results on each of the two proposals submitted to and voted upon by the stockholders at the 2025 Annual Meeting, which proposals are described in the Company's Proxy Statement for the 2025 Annual Meeting:

---

| | |
|:---|:---|
| **Proposal 1**: | **Election of Directors** |
|  | The following nominees were elected as directors, each to serve for a term of one year and until his successor is duly elected and qualified, by the vote set forth below: |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | For | For | Withheld | Withheld |
| Michael N. Taglich |  | 1997032 |  | 35362 |
| James F. DeSocio |  | 2031773 |  | 621 |
| John Guttilla |  | 2028256 |  | 4138 |
| Stanley P. Jaworski, Jr. |  | 2028910 |  | 3484 |
| Paul Seid |  | 2031773 |  | 621 |
| Russell Bernier |  | 2030773 |  | 1621 |

---

---

| | |
|:---|:---|
| **Proposal 2:** | **Ratification of Appointment of Independent Registered Public Accounting Firm** |
|  | The appointment by the Audit Committee of GBQ Partners LLC as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025 was ratified, by the vote set forth below: |

---

<u>For</u> <u>Against</u> <u>Abstain</u> <br> 2,207,027 557 0

**Item 8.01 Other Events.**

On June 24, 2025, the Company issued a press release announcing the prepayment of its outstanding promissory notes, a copy of which is attached hereto as Exhibit 99.1 and incorporated by reference into this Item 8.01.

The information reported under this Item 8.01 of Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of such section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

**Item 9.01 Financial Statements and Exhibits.**

(d) Exhibits

<u>Exhibit No.</u> <u>Name of Exhibit</u> <br> 99.1 [Press release issued by Intellinetics, Inc. on June 24, 2025.](ex99-1.htm) <br> 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. | INTELLINETICS, INC. |
|  | By: | */s/ James F. DeSocio* |
|  |  | James F. DeSocio |
|  |  | President and Chief Executive Officer |
| Dated: June 24, 2025 |  |  |

---

## Exhibit 99.1

**Exhibit 99.1**

**Intellinetics Prepays All Outstanding Notes**

*Debt-free balance sheet for the June 2025 10-Q.*

 

COLUMBUS, Ohio— Intellinetics, Inc. (NYSE American: INLX), a digital transformation solutions provider, is pleased to announce that it has pre-paid, without penalty, the last of its notes payable.

"Our current strategy is to invest in the Company in order to accelerate sales revenue, and this prepayment reflects both our confidence in our future as well as an ability to commit additional resources to exploit our opportunities a little quicker," said <u>James F. DeSocio</u>, President & CEO at Intellinetics.

Continued DeSocio, "Over the past several years we have built a growing, cash-generating operation. Specifically, we've paid earnouts for various acquisitions since 2020 in the amount of $2.67 million, and, including the final payments just made, we've repaid debt principal of $4.96 million over the same time period. We have accomplished the majority of this – over 80% – out of cash flow generated by the company as we grew and transformed. For the end of June, we expect a cash balance in the range of $1.2 to $1.7M, depending on collections timing. With the opportunities in front of us currently, now is the time to invest in sales, marketing, and development. I am very excited to pursue the growth opportunities we have, and I want to drive growth for the benefit of shareholders for years."

**About Intellinetics, Inc.**

Intellinetics, Inc. (NYSE American: INLX) is enabling the digital transformation. Intellinetics empowers organizations to manage, store and protect their important documents and data. Intellinetics' flagship solution, the IntelliCloud™ content management platform, delivers advanced security, compliance, workflow and collaboration features critical for highly regulated, risk-intensive markets. IntelliCloud connects documents to users and the processes they support anytime, anywhere to accelerate innovation and empower organizations to think and work in new ways. In addition, Intellinetics offers business process outsourcing (BPO), document and micrographics scanning services, and records storage. From highly regulated industries like Healthcare/Human Service Providers, K-12, Public Safety, and State and Local Governments, to businesses looking to move away from paper-based processes, Intellinetics is the all-in-one, compliant, document management solution. Intellinetics is headquartered in Columbus, Ohio. For additional information, please visit <u>www.intellinetics.com</u>

**Cautionary Statement**

Statements in this press release which are not purely historical, including statements regarding the second quarter balance sheet; the acceleration of sales revenue; the ability to exploit current opportunities; current opportunities for growth; future business and growth of the business; shareholders' returns; execution of our business plan, strategy, direction and focus; and other intentions, beliefs, expectations, representations, projections, plans or strategies regarding future growth, financial results, and other future events are forward-looking statements. The forward-looking statements involve risks and uncertainties including, but not limited to, the risks associated with the effect of changing economic conditions including inflationary pressures, challenges with hiring and maintaining a stable workforce, our ability to execute on our business plan and strategy, trends in the products markets, variations in Intellinetics' cash flow or adequacy of capital resources, market acceptance risks, the success of Intellinetics' solutions providers, including human services, health care, and education, technical development risks, and other risks, uncertainties and other factors discussed from time to time in its reports filed with or furnished to the Securities and Exchange Commission, including in Intellinetics' most recent annual report on Form 10-K as well as subsequently filed reports on Form 8-K. Intellinetics cautions investors not to place undue reliance on the forward-looking statements contained in this press release. Intellinetics disclaims any obligation and does not undertake to update or revise any forward-looking statements in this press release. Expanded and historical information is made available to the public by Intellinetics on its website at <u>www.intellinetics.com</u> or at <u>www.sec.gov</u>.

**Investor Contact:**

Joe Spain, CFO

Intellinetics, Inc.

614.921.8170<br> <u>investors@intellinetics.com</u>