Investor FAQ's

  1. What are the assets of CCUR Holdings?
  2. What is the process and time-frame the Board is following to build shareholder value?
  3. Is the Board’s Investment Committee considering more than one transaction, or specific transaction structures?
  4. Are there certain industries CCUR Holdings will focus on?
  5. Have you engaged an investment banker to help search for potential acquisition candidates?
  6. Is CCUR Holdings leaning more towards liquidating or acquiring a new company?
  7. What is the timeline for identifying a suitable acquisition target and will the Company resume dividends or liquidate if a target is not identified within a short period of time after the sale of its operating business?
  8. What are the “substantial” tax assets?
  9. Does the new tax legislation impact the value or ability to use the tax assets?
  10. What are the Company’s operating costs going forward?
  11. How many employees will CCUR Holdings have going forward?
  12. Will the Company conduct quarterly conference calls or issue quarterly results news releases?
  13. When does CCUR Holdings’ fiscal year end?
  14. Does CCUR Holdings pay a dividend?
  15. What is CCUR Holdings' ticker symbol?
  16. Where are CCUR Holdings' headquarters?
  17. Whom do I call with questions?
  18. How can I sell my shares?
  19. Who is the stock transfer agent for CCUR Holdings?
  20. When was CCUR Holdings founded?
  21. Where are your headquarters?
  22. What is the Company's Ticker Symbol?
  23. On what market is CCUR Holdings stock traded?
  24. How can I purchase shares in CCUR Holdings?
  25. What is CCUR Holdings' year end?
  26. How many employees does CCUR Holdings have?
  27. Do you pay a dividend?
  28. What are the tax consequences of the dividends in calendar year 2016?
  29. What are the tax consequences of the dividends in calendar year 2017?
  30. Who is CCUR Holdings' Transfer Agent and Registrar? (i.e., who administers the stock certificates?)
  31. Who do I contact with questions about my stock account?
  32. How do I change my address on CCUR Holdings stock certificates? Or change titles on the stock?
  33. How do I contact Investor Relations at CCUR Holdings?
  34. Who are CCUR Holdings' Independent auditors?
  35. Who is CCUR Holdings' legal counsel?
  36. When is the annual shareholder meeting held?

What are the assets of CCUR Holdings?
CCUR Holdings’ assets include cash, investment securities, receivables from the sale of our operating businesses held in escrow, taxes receivable, and tax assets attributable to our net operating losses. Our tax assets attributable to our net operating losses currently have a full valuation allowance assigned to them.
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What is the process and time-frame the Board is following to build shareholder value?
Our Board of Directors has formed an Investment Committee, comprised of board members, to evaluate options to maximize the value of our remaining assets, including identifying potential opportunities to invest in or acquire one or more operating businesses that provide opportunities for appreciation in value. As of the date hereof, the Investment Committee has not identified any specific acquisition or investment target. If the Investment Committee is unable to identify a suitable acquisition target that is appropriately valued, we may consider alternatives for returning capital to stockholders while we wind up our affairs. The Investment Committee has not established a specific timeline for this process. If we wind up our affairs and liquidate under applicable law, our net operating loss carryforwards will be forfeited.
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Is the Board’s Investment Committee considering more than one transaction, or specific transaction structures?
CCUR Holdings is listed on the NASDAQ under the symbol CCUR.
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Are there certain industries CCUR Holdings will focus on?
No. CCUR Holdings is targeted appropriately valued acquisition targets, regardless of industry.
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Have you engaged an investment banker to help search for potential acquisition candidates?
Yes. We have engaged Needham & Associates to assist in our search for potential acquisition candidates.
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Is CCUR Holdings leaning more towards liquidating or acquiring a new company?
CCUR Holdings is actively evaluating options to maximize the value of our remaining assets, including identifying potential opportunities to invest in or acquire one or more operating businesses that provide opportunities for appreciation in value. If the Investment Committee is unable to identify a suitable acquisition target that is appropriately valued, we may consider alternatives for returning capital to stockholders while we wind up our affairs.
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What is the timeline for identifying a suitable acquisition target and will the Company resume dividends or liquidate if a target is not identified within a short period of time after the sale of its operating business?
The Investment Committee has not established a specific timeline for this process. If it is unable to identify a suitable acquisition target that is appropriately valued, we may consider alternatives for returning capital to stockholders while we wind up our affairs.
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What are the “substantial” tax assets?
As of June 30, 2017, we had U.S. federal net operating loss carryforwards (“NOLs”) of approximately $71,729 for income tax purposes, of which none expire in fiscal year 2018, and the remainder expire at various dates through fiscal year 2036. As a result of the recognition of a taxable gain on the sale of our Content Delivery business on December 31, 2017, we utilized approximately $16,537 of our federal NOLs during the nine months ended March 31, 2018. Our federal NOLs are projected to be approximately $56,035 as of June 30, 2018. With the enactment of the Tax Cuts and Jobs Act, U.S. federal NOLs generated in taxable years ending after December 31, 2017 will have an indefinite carryforward period.
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Does the new tax legislation impact the value or ability to use the tax assets?
On December 22, 2017, tax legislation commonly known as the Tax Cuts and Jobs Act (the “TCJA”) was enacted. Beginning in 2018, the TCJA generally will, among other things, permit us to offset only 80% (rather than 100%) of our taxable income with any net operating losses we generate after 2017. Net operating losses subject to these limitations may be carried forward by us for use in later years, subject to these limitations. These tax law changes could have the effect of causing us to incur income tax liability sooner than we otherwise would have incurred such liability or, in certain cases, could cause us to incur income tax liability that we might otherwise not have incurred, in the absence of these tax law changes. The TCJA also includes provisions that, beginning in 2018, reduce the maximum federal corporate income tax rate from 35% to 21% and eliminate the alternative minimum tax, which would lessen any adverse impact of the limitations described in the preceding sentences.
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What are the Company’s operating costs going forward?
We are not providing guidance regarding go-forward operating costs at this time.
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How many employees will CCUR Holdings have going forward?
CCUR Holdings intends to minimize its employee count so that it may minimize costs as it evaluates options to maximize the value of our remaining assets. As of March 31, 2018, CCUR Holdings has 3 full-time employees and is outsourcing numerous functions such as IT, payroll, tax preparation work, and certain other accounting functions.
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Will the Company conduct quarterly conference calls or issue quarterly results news releases?
At this time, we intend to issue quarterly results by means of filing Form 10Qs and 10Ks. If and when we enter into an agreement that materially changes our operating business or strategic plan we will likely resume a cadence of earnings release and conference calls.
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When does CCUR Holdings’ fiscal year end?
CCUR Holdings' fiscal year end is June 30.
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Does CCUR Holdings pay a dividend?
Not at this time.
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What is CCUR Holdings' ticker symbol?
CCUR Holdings ticker symbol is CCUR. On March 27, 2018, we announced that our stock would commence trading on the OTCQB Venture Market as of the open of business on March 27, 2018
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Where are CCUR Holdings' headquarters?
CCUR Holdings is headquartered in Duluth, Georgia, USA.
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Whom do I call with questions?
If you are a registered shareholder, you may contact CCUR Holdings' transfer agent: American Stock Transfer and Trust. They can be reached at www.amstock.com or at 1 (800) 937-5449. If you hold your shares through a broker, bank or other nominee, you should contact that institution directly for more information. If you have questions regarding the tax consequences of the dividend, you should contact your personal tax advisor.
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How can I sell my shares?
Contact a broker of your choice.
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Who is the stock transfer agent for CCUR Holdings?
For stockholders who hold their stock certificates personally, CCUR Holdings' agent is American Stock Transfer and Trust. They can be reached at www.amstock.com or at 1 (800) 937-5449.
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When was CCUR Holdings founded?
The company was founded in 1966. On December 31, 2017 we completed the sale of our Content Delivery business and on January 2, 2018 we changed the name of our Company from Concurrent Computer Corporation to CCUR Holdings, Inc.
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Where are your headquarters?
The company is based in Duluth, Georgia, USA.
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What is the Company's Ticker Symbol?
The Company trades under the symbol "CCUR".
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On what market is CCUR Holdings stock traded?
The Company’s stock trades on the OTCQB Venture Market (https://www.otcmarkets.com/)
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How can I purchase shares in CCUR Holdings?
You can purchase CCUR Holdings common stock through any registered broker. CCUR Holdings shares cannot be bought from the company.
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What is CCUR Holdings' year end?
CCUR Holdings' fiscal year ends on June 30 of each year.
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How many employees does CCUR Holdings have?
As of March 31, 2018, we had 4 employees.
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Do you pay a dividend?
Following the $0.12 quarterly dividend paid in December 2017, CCUR Holdings no longer pays a dividend.
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What are the tax consequences of the dividends in calendar year 2016?
CCUR Holdings recently completed its determination of the amount of the calendar year 2016 distributions that should be treated as dividends by shareholders. This determination is based on the “earnings and profits” of CCUR Holdings for the fiscal year in which the distributions are made. Internal Revenue Service regulations require the calculation of earnings and profits to be made only at the end of the fiscal year. Therefore, CCUR Holdings was required to wait until the completion of its independent audit to calculate earnings and profits for fiscal year 2017. Prior to the completion of this work, CCUR Holdings was required to report all calendar year 2016 distributions as dividends, and this is how the calendar year 2016 distributions were previously reported to shareholders on the 2016 Form 1099-DIV that was mailed in early 2017. Based on the final earnings and profits for fiscal year 2017, the Company has determined the following amounts should be treated as dividends:
 
  • 53.8317% of the 2016 distributions between January 1, 2016 and June 30, 2016 should be treated as dividends (a total of $0.24/share was distributed during this period in two distributions of $0.12/share, each)
  • 100.00% of the 2016 distributions between July 1, 2016 and December 31, 2016 should be treated as dividends (a total of $0.24/share was distributed during this period in two distributions of $0.12/share, each). 
The remaining amount of calendar year 2016 distributions should be treated as a return of capital to the extent that each shareholder has a basis in CCUR Holdings stock. An amended Form 1099-DIV will be issued in the next few weeks that will reflect the revised dividend amount of the calendar year 2016 distributions. Shareholders are encouraged to consult with their tax advisor for the proper tax treatment of the calendar year 2016 distributions based on this revised information. 
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What are the tax consequences of the dividends in calendar year 2017?
Internal Revenue Service regulations require the calculation of earnings and profits to be made only at the end of the fiscal year. However, due to the earnings and profits generated by CCUR Holdings’ sales of its operating businesses, along with ending its dividend payments in December 2017, there will be sufficient earnings and profits to treat dividends paid in calendar year 2017 as dividend income.
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Who is CCUR Holdings' Transfer Agent and Registrar? (i.e., who administers the stock certificates?)
CCUR Holdings' transfer agent is American Stock Transfer & Trust Company. The transfer agent is responsible for maintaining all records of stockholders (i.e., name, address, telephone number), canceling or issuing stock certificates and resolving problems related to lost, destroyed or stolen certificates. If you are a CCUR Holdings stockholder and need to amend the details of your stock record, please contact: help@astfinancial.com
(800) 937-5449 or (718) 921-8124

https://www.astfinancial.com/
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Who do I contact with questions about my stock account?
If you own shares through a brokerage firm, you need to contact the brokerage firm directly to change your account address. For registered shareholder inquiries regarding stock certificates, change of address, consolidation of accounts, transfer of ownership or other stock account matters including price originally paid for shares and lost certificates, please contact our transfer agent.
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How do I change my address on CCUR Holdings stock certificates? Or change titles on the stock?
All questions regarding your ownership of CCUR Holdings stock should be addressed to our transfer agent:
help@astfinancial.com
(800) 937-5449 or (718) 921-8124
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How do I contact Investor Relations at CCUR Holdings?
Doug Sherk
Investor Relations
Phone: (415)652-4462
Email: dsherk@evcgroup.com
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Who are CCUR Holdings' Independent auditors?
Marcum LLP
1600 Market Street, 32nd Floor
Tele 215.297.2100
http://marcumllp.com/
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Who is CCUR Holdings' legal counsel?
Andrews Kurth Kenyon LLP
450 Lexington Avenue, 15th Floor
New York, New York 10017
Tele 212.850.2800
https://www.andrewskurth.com/
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When is the annual shareholder meeting held?
CCUR Holdings' Annual Meeting of Shareholders is held in late October. This meeting is held to elect members of the board of directors and transact other business, which is properly brought before the meeting. We encourage all shareholders to have their shares represented at the meeting by voting via proxy or in person.
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