---
schema_version: "secwatch.filing_event.v1"
accession: "0000884144-22-000043"
form_type: "8-K"
ticker: "ASUR"
cik: "0000884144"
company_name: "ASURE SOFTWARE INC"
filed_at: "2022-04-15T23:59:59+00:00"
generated_at: "2026-06-26T07:15:38.347324+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Asure Software proposes extending shareholder rights plan through 2025 to preserve NOLs

## Summary
- Board approved Third Amended Rights Agreement to extend final expiration from Oct 2022 to Oct 2025, subject to shareholder vote at May 31, 2022 Annual Meeting.
- Company had ~$48.7M in federal NOL carryforwards and ~$3.8M in R&D credit carryforwards as of Dec 31, 2021.
- Board states the amendment is intended to protect tax asset value, not as an anti-takeover measure.
- If shareholders do not approve, the current rights plan expires Oct 28, 2022.

## SEC filing metadata
- accession: 0000884144-22-000043
- form_type: 8-K
- ticker: ASUR
- cik: 0000884144
- company_name: ASURE SOFTWARE INC
- filed_at: 2022-04-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884144/000088414422000043/0000884144-22-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884144/000088414422000043/asur-20220414.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000884144-22-000043
- JSON: https://secwatch.observer/filing/0000884144-22-000043.json
- Plain text: https://secwatch.observer/filing/0000884144-22-000043.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.