UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 1.01 Entry into a Material Definitive Agreement.
On February 17, 2026, Hooker Furnishings Corporation (the “Company”) entered into a First Amendment to Cooperation Agreement (the “Amendment”) with Global Value Investment Corporation and certain of its affiliates (collectively, “GVIC”), which amends that certain Cooperation Agreement, dated January 1, 2026, by and among the Company and GVIC (the “Cooperation Agreement”).
Pursuant to the Cooperation Agreement, the Company and GVIC agreed to act in good faith and cooperate to identify a mutually agreeable independent director candidate for appointment to the Board of Directors of the Company who possesses industry background relevant to the Company’s business (the “New Director Search”) no later than February 15, 2026. The Company and GVIC have narrowed the list of potential director candidates, but nonetheless believe it was prudent to enter into the Amendment, which extends the time period during which the Company and GVIC are required to conduct and complete the New Director Search to no later than February 28, 2027.
The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by the full text of the Amendment, a copy of which is filed hereto as Exhibit 10.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit Number |
Description | |
| 10.1 | First Amendment to Cooperation Agreement, by and among Hooker Furnishings Corporation, Global Value Investment Corporation and each of the parties listed on Schedule A thereto, dated as of February 17, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within Inline XBRL document) |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Hooker Furnishings Corporation | ||
| Date: February 17, 2026 | By: | /s/ C. Earl Armstrong III |
| C. Earl Armstrong III | ||
| Chief Financial Officer and Senior Vice-President – Finance |
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