UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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 23, 2020~~

December 18, 2020

CROSSROADS LIQUIDATING TRUST

(Exact name of registrant as specified in its chapter)

Maryland

000-53504

82-6403908

(State or other jurisdiction

Of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

128 N. 13^thStreet, #1100

Lincoln, Nebraska 68508

(Address of principal executive offices and zip code)

Registrant’s telephone number, including area code (402) 261-5345

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Solicitation 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~~Indicate by check mark whether the registrant is an emerging growth ~~registered~~company ~~pursuant~~as todefined ~~Section~~in 12Rule 405 of the Securities Act of 1933 (b17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act: of 1934 (17 CFR §240.12b-2). Emerging growth company ☐

Title of each class Trading Symbol Name of each exchange on which registered None None None

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 8.01

Other Events

~~Extension~~Crossroads Liquidating ofTrust (the “Liquidating Trust’s”) ~~Term~~has reported that it has completed the disposition of its remaining portfolio investments via various secondary market transactions.

~~On June~~With ~~23, 2020,~~ the ~~term~~completion of ~~Crossroads Liquidating Trust (~~ the ~~“Trust”)~~above-noted ~~was~~portfolio ~~extended to terminate on or before December 31~~dispositions, ~~2020 (~~the ~~“Extension”).~~Liquidating ~~The~~ Trust ~~was~~has ~~previously~~no ~~scheduled~~more toportfolio ~~terminate~~interests onand ~~June~~its ~~23,~~only ~~2020~~significant asset is cash.

The Liquidating Trust ~~Trustees~~has ~~have~~also ~~exercised~~reported ~~provisions~~that ~~under~~(i) ~~the~~its ~~Liquidating~~trustees ~~Trust~~have ~~Agreement~~approved toa ~~extend~~final ~~the~~cash ~~duration~~distribution of $0.14989 per unit (the ~~Trust~~“Final Distribution”) to ~~fulfil~~be paid on or about December 18, 2020 to the ~~purposes~~ holders of beneficial interests in the Liquidating Trust as ~~the~~of ~~COVID-19~~December ~~pandemic~~16, ~~has~~2020, and ~~caused~~(ii) ~~market~~it ~~disruptions~~intends ~~and~~to ~~unforeseeable~~file ~~complications~~a inCertificate ~~liquidating~~of Cancellation with the ~~remaining three~~State ~~portfolio~~of ~~company~~Maryland ~~investments~~with an effective date of December 31, 2020.

~~The~~As soon as practicable ~~Trust~~after ~~has~~its ~~engaged~~dissolution, athe ~~market~~Liquidating ~~advisory~~Trust ~~firm~~intends ~~and~~to ~~continues~~file ~~its~~a ~~active~~Form ~~efforts~~15 towith ~~sell~~the SEC reflecting the ~~remaining~~termination ~~trust~~of ~~assets~~its SEC reporting obligations.

~~A copy~~On ofDecember 18, 2020, the Liquidating Trust’s ~~First~~issued ~~Amendment~~a letter to its beneficiaries (the “Beneficiary Letter”) regarding the Final Distribution and termination of the Liquidating Trust. ~~Agreement~~A copy of the Beneficiary Letter, is attached as Exhibit 1099.1, and is incorporated ~~herein~~ herein by this reference.

~~Cautionary~~While the Liquidating ~~Statement~~Trust’s ~~Regarding~~affairs ~~Forward~~are being wound-~~Looking~~down, ~~Statements~~the Liquidating Trust will continue to maintain its website which can be found at www.xroadscap.com. Further, the Trust will for a time continue to maintain the administrative information on its website, including the annual information statement to its beneficiaries with information for their tax returns, and any other updates that may be deemed necessary or advisable by the Liquidating Trust’s administrators.

~~This Form 8~~Forward-KLooking contains forward-looking statements that involve substantial risks and uncertainties. These forward-looking statements represent our current expectations, assumptions, estimates and projections regarding Crossroads Liquidating Trust, including estimates of the future cash distributions. These forward-looking statements are subject to substantial risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed in, or implied by, these forward-looking statements. Please refer to the Trust’s Annual Report on Form 10-K for the year ended December 31, 2019 for a description of the risks that may affect future results.Statements

~~Although we~~This ~~believe~~periodic ~~that~~report ~~the assumptions~~ on ~~which~~Form ~~these forward~~8-~~looking~~K may contain statements ~~are based are reasonable, any~~ of ~~those~~a ~~assumptions~~forward-looking ~~could prove~~nature relating to befuture ~~inaccurate,~~events. ~~and~~These ~~as a result, the~~ forward-looking statements ~~based~~are onsubject ~~those~~to ~~assumptions~~the ~~also could be materially inaccurate.~~inherent Inuncertainties ~~light~~in ofpredicting ~~these~~future results and ~~other~~conditions. ~~uncertainties,~~These ~~the inclusion of forward-looking~~ statements inreflect ~~this~~Crossroads ~~Form~~Liquidating ~~8-K~~Trust’s ~~should not be regarded~~current asbeliefs, and a ~~representation~~number byof usimportant ~~that~~factors ~~these~~could ~~forward-looking~~cause ~~statements~~actual ~~will~~results beto ~~achieved.~~differ ~~Except~~materially asfrom ~~required~~those byexpressed ~~the~~in ~~federal~~this ~~securities~~Form 8-K. ~~laws,~~The wereference ~~undertake no obligation~~ to ~~revise~~Crossroads orLiquidating ~~update~~Trust’s ~~any~~website ~~forward-looking~~has ~~statements,~~been ~~whether~~provided as a ~~result~~convenience, ofand ~~new~~the information, ~~future~~contained ~~events~~on orsuch ~~otherwise,~~website tois ~~reflect~~not ~~events~~incorporated orby ~~circumstances~~reference ~~occurring~~into ~~after the date of~~ this Form 8-K.

Item 9.01. Financial Statements and Exhibits

	Exhibit Number	Description of Exhibits
	10.1	First Amendment to the Liquidating Trust Agreement, dated June 23, 2020

(d) Exhibits

Exhibit No.		Description
99.1		Beneficiary Letter dated December 18, 2020

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.

	CROSSROADS LIQUIDATING TRUST
Date: June 23, 2020	By:	/s/ Ben H. Harris
Date: December 18, 2020	By:	/s/ Ben H. Harris
		Ben H. Harris
		Administrator

Filing Compare · CROSSROADS LIQUIDATING TRUST