Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________________ FORM 10-Q _________________________________________________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period ...

Financial Performance - FLEETCOR's net revenues for Q1 2022 were $789.2 million, a 29.6% increase from $608.6 million in Q1 2021[110] - Net income for Q1 2022 was $218.0 million, compared to $184.2 million in Q1 2021, reflecting a 18.3% year-over-year growth[110] - Adjusted net income for Q1 2022 was $242.1 million, with adjusted net income per diluted share at $2.82, up from $289.7 million and $3.65 in Q1 2021[111] - Total net revenues for the three months ended March 31, 2022, were $789.2 million, representing a 30% increase from $608.6 million in the same period of 2021[125] - Operating income for the three months ended March 31, 2022, was $317.7 million, reflecting an increase of $51.8 million or 19.5% from $266.0 million in the same period of 2021[151] - Net income increased to $218.0 million, up by $33.7 million or 18.3% from $184.2 million in the prior year[150] - Consolidated revenues increased to $789.2 million for the three months ended March 31, 2022, up by $180.6 million or 29.7% from $608.6 million in the same period of 2021[136] Revenue Segmentation - North America segment generated $547.4 million in net revenues for Q1 2022, accounting for 69% of total revenues, compared to 66% in Q1 2021[117] - The U.S. contributed $471.8 million, or 60% of total revenues, in Q1 2022, up from $370.4 million, or 61%, in Q1 2021[118] - Fuel solutions accounted for 40% of total revenues in Q1 2022, generating $318.5 million, compared to 43% and $261.9 million in Q1 2021[119] - Brazil segment revenues reached $102.5 million, up by $20.6 million or 25.2% from $81.9 million in the same period last year[140] - International segment revenues were $139.3 million, an increase of $14.8 million or 11.9% from $124.5 million in the prior year[141] - Corporate payments revenues surged by 58% to $183.8 million, with spend volume reaching $27.4 billion, a 52% increase compared to the previous year[125] - Lodging revenues rose by 60% to $94.6 million, driven by a 49% increase in room nights to 8.8 million[125] - Toll revenues grew by 23% to $84.9 million, with average monthly tags increasing by 5% to 6.1 million[125] Operational Insights - The company's operations in Russia represented approximately 2.3% of consolidated assets as of March 31, 2022, with a net book value of $227 million[108] - FLEETCOR operates primarily in three geographies, with 85% of revenues generated in the U.S., Brazil, and the U.K.[112] - The impact of COVID-19 and geopolitical events, such as the conflict in Ukraine, continues to create uncertainty for FLEETCOR's operations and financial results[104][106] - Approximately 12% of net revenues were directly impacted by changes in fuel prices, consistent with the previous year[131] - The company reported a total liquidity of approximately $2.3 billion as of March 31, 2022, consisting of $969 million available under the Credit Facility and $1.3 billion in unrestricted cash[156] Investments and Acquisitions - The company completed the acquisition of Levarti, a U.S.-based airline software platform, on March 1, 2022[131] - The company completed several acquisitions in 2021 and 2022, including ALE Solutions for $421.8 million and Associated Foreign Exchange for $459.1 million, contributing to revenue growth[30] - The company plans to continue investing in sales and marketing to support expected revenue growth, particularly in direct marketing and field sales[131] Cash Flow and Expenses - Consolidated operating expenses rose to $474.4 million, an increase of $139.5 million or 41.7% from $334.9 million in the same period last year[142] - Net cash used in operating activities was $112.3 million for the three months ended March 31, 2022, compared to net cash provided of $77.9 million in the prior period, primarily due to unfavorable working capital movements[162] - Capital expenditures increased by $11.9 million or 60.7% to $31.4 million for the three months ended March 31, 2022, driven by acquisitions and technology investments[165] - Net cash used in financing activities was $49.8 million for the three months ended March 31, 2022, an increase from $16.6 million in the prior period, primarily due to increased stock repurchases[164] Shareholder Returns - The company repurchased 21,845,168 shares for an aggregate purchase price of $4.9 billion since the beginning of the stock repurchase program, leaving $1.2 billion remaining for future repurchases[173] Tax and Interest - The provision for income taxes was $76.7 million, an increase of $25.3 million or 49.1% from $51.4 million in the same period last year[149] - Interest expense decreased to $22.0 million, down by $6.5 million or 22.8% from $28.6 million in the prior year[146] - The interest rate on the term loan A was 1.96% and on the term loan B was 2.21% as of March 31, 2022[167] Market Conditions - The company experienced an estimated $22 million positive impact from fuel prices and a $5 million positive impact from fuel price spreads in Q1 2022[182] - The impact of foreign exchange rates negatively affected revenues by approximately $6 million in Q1 2022[182] Strategic Focus - FLEETCOR's vision emphasizes the transition to digital payments, aiming to enhance control and reduce unauthorized spending for businesses[101] - Organic revenue growth is calculated by adjusting current period revenue growth for macroeconomic changes and acquisitions, providing a clearer view of operational performance[127] - The company continues to focus on strategic initiatives to enhance financial performance and manage growth effectively[189]

Financial Performance - FLEETCOR reported a significant annual spending of approximately $125 trillion by businesses, highlighting the need for effective payment solutions [20]. - The company achieved over 99.9% uptime for authorizations globally in 2021, demonstrating strong operational reliability [60]. - For the year ended December 31, 2021, the company's bad debt expense was $37.9 million, representing 3 basis points of total billings, compared to $158.5 million or 15 basis points in 2020 [129]. - Late fees and finance charges accounted for 4% of the company's consolidated revenue for the year ended December 31, 2021 [130]. - Approximately 12% of the company's consolidated revenue for the year ended December 31, 2021, was directly influenced by the absolute price of fuel [138]. - The company generated approximately 5% of its consolidated revenue during the year ended December 31, 2021, from transactions tied to fuel price spreads [138]. - Approximately 37% of the company's revenue for the year ended December 31, 2021, was denominated in currencies other than the U.S. dollar [147]. Business Operations - The company serves hundreds of thousands of business customers with millions of cardholders making payments to millions of vendors globally [23]. - FLEETCOR's proprietary networks provide better economics and richer data, contributing to high EBITDA margins and predictable revenue models [26]. - The Corporate Payments solutions streamline back-office operations, enabling businesses to save time and cut costs associated with outgoing payments [35]. - FLEETCOR's Virtual Card solution operates solely on the Mastercard network, providing enhanced security and reconciliation advantages [38]. - The Cross-Border solution facilitates payments to over 200 countries in 145 currencies, focusing on technology and personalized service [40]. - FLEETCOR's Lodging solutions offer access to discounted hotel networks across 136 countries, providing significant savings for businesses [32]. - The company actively expands its proprietary networks in electric vehicle (EV) charging, accommodating the transition to mixed fleets [30]. - FLEETCOR's multi-channel go-to-market strategy includes digital channels, direct sales forces, and strategic partnerships to enhance customer reach [49]. - The company provides payroll card solutions in North America, allowing employees to access their wages without paper checks [45]. Technology and Innovation - In 2021, the company invested approximately $250 million in capital and operating expenses to enhance its technology infrastructure [55]. - The company operates application development centers in multiple countries, including the U.S., U.K., and Brazil, to support its technology function [57]. - The company’s technology platforms consist of four key components: core processing platform, specialized software, integrated network capabilities, and cloud-based architecture [56]. - The company’s IT transformation initiatives focus on digital strategy, core systems modernization, and data management to enhance customer experience [58]. - The company must continuously develop and implement new technology and products to maintain its competitive position in a rapidly changing market [119]. Risk Management - The company employs various tools to manage credit risk, including billing frequency, payment terms, and fraud detection programs [52]. - The company is subject to various U.S. and international regulations governing money transmission and payment instruments, which may affect its operations [66]. - The company faces risks from software defects and system errors that could damage customer relationships and profitability [112]. - The company is subject to various cybersecurity risks that could lead to unauthorized access to sensitive customer data, potentially harming its reputation [114]. - The company faces competitive pressures that may require it to increase customer incentives or decrease solution prices, potentially affecting operating results [134]. - The company is exposed to risks related to volatility in foreign currency exchange rates, which could impact revenue and profit from international operations [147]. - The company faces risks related to fraudulent use of its payment solutions, which could lead to substantial losses without adequate insurance coverage [158]. Regulatory Environment - The electronic payments industry is subject to increasing regulations, which may impose compliance obligations and affect operating activities [169]. - Changes in regulatory environments, including those related to anti-money laundering, could significantly impact the company's business operations [170]. - The company is subject to various federal and state laws and regulations regarding prepaid card programs, including the CARD Act and CFPB's Regulation E [82]. - The company is subject to various laws and regulations related to government contracts, which may result in penalties or suspension of contracts if not complied with [180]. - The company is subject to evolving regulations regarding greenhouse gas emissions, which could adversely affect its partners and operations [177]. Workforce and Culture - As of December 31, 2021, FLEETCOR employed approximately 9,700 associates across more than 15 countries, with about 3,900 based in the U.S. [87]. - Female representation in FLEETCOR's global workforce was approximately 53%, while minorities comprised about 42% of the domestic workforce as of December 31, 2021 [90]. - The employee engagement score in 2021 remained consistent, only 1 point lower than the 2020 results, with a participation rate of approximately 75% in the annual survey [94]. - FLEETCOR's talent development programs include high-quality learning opportunities aimed at closing skill gaps and enhancing workforce capabilities [93]. - The company’s culture emphasizes innovation, execution, integrity, people, and collaboration as core values guiding employee behavior and interactions [88]. - The company is committed to fostering a diverse and inclusive environment, with dedicated councils and employee resource groups to support these initiatives [91]. - The company’s benefits programs focus on physical and mental well-being, offering free online fitness classes and access to employee assistance programs [92]. Legal and Compliance Issues - The company is currently involved in a Federal Derivative Action alleging false and misleading statements, with a pending appeal in the Eleventh Circuit [199]. - The FTC filed a lawsuit against the company alleging violations of the FTC Act, seeking injunctive relief and consumer redress [202]. - The company believes the FTC's claims are without merit and that these matters will not materially affect its financial performance [202]. - The company has incurred legal fees related to the FTC complaint, with potential costs including legal fees, redress, and penalties [202]. - The company intends to vigorously defend against the allegations in the derivative complaints [200]. Financial Strategy - The company has repurchased a total of 20,068,498 shares for an aggregate purchase price of $4.4 billion since the beginning of the stock repurchase program [209]. - The stock repurchase program was increased by $1.0 billion to a total of $6.1 billion as of January 25, 2022 [210]. - In 2021, the company repurchased 5,451,556 shares totaling $1.4 billion [209]. - The company has never declared or paid any dividends on its common stock and does not anticipate doing so in the foreseeable future [208]. - The company had approximately $6.0 billion of debt outstanding under its Credit Facility and Securitization Facility as of December 31, 2021 [188]. - Goodwill and intangible assets represent approximately 55% of the company's total assets as of December 31, 2021 [191]. - The transition from LIBOR to alternative benchmark rates could adversely affect the company's borrowing costs and expose it to various financial risks [190]. - The company may incur substantial additional indebtedness in the future, which could limit its operational flexibility and financial performance [189].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________________ FORM 10-Q _________________________________________________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition pe ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________________ FORM 10-Q _________________________________________________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fro ...

PART I—FINANCIAL INFORMATION [Financial Statements](index=3&type=section&id=Item%201.%20FINANCIAL%20STATEMENTS) FLEETCOR reported Q1 2021 revenues of $608.6 million, with net income increasing to $184.2 million despite reduced operating cash flow Consolidated Statements of Income (Q1 2021 vs Q1 2020) | Metric | Three Months Ended March 31, 2021 (in millions) | Three Months Ended March 31, 2020 (in millions) | | :--- | :--- | :--- | | **Revenues, net** | $608.6 million | $661.1 million | | **Operating income** | $266.0 million | $201.0 million | | **Net income** | $184.2 million | $147.1 million | | **Diluted earnings per share** | $**2.15** per share | $**1.67** per share | Consolidated Balance Sheets | Metric | March 31, 2021 (Unaudited) (in billions) | December 31, 2020 (in billions) | | :--- | :--- | :--- | | **Total current assets** | $**4.29 billion** | $**3.96 billion** | | **Total assets** | $**11.43 billion** | $**11.19 billion** | | **Total current liabilities** | $**4.31 billion** | $**3.97 billion** | | **Total liabilities** | $**8.13 billion** | $**7.84 billion** | | **Total stockholders' equity** | $**3.30 billion** | $**3.36 billion** | Consolidated Statements of Cash Flows | Metric | Three Months Ended March 31, 2021 (in millions) | Three Months Ended March 31, 2020 (in millions) | | :--- | :--- | :--- | | **Net cash provided by operating activities** | $**77.9 million** | $**420.0 million** | | **Net cash used in investing activities** | ($**63.2 million**) | ($**18.7 million**) | | **Net cash used in financing activities** | ($**16.6 million**) | ($**314.5 million**) | | **Cash and cash equivalents and restricted cash, end of period** | $**1.43 billion** | $**1.55 billion** | [Notes to Unaudited Consolidated Financial Statements](index=8&type=section&id=Notes%20to%20Unaudited%20Consolidated%20Financial%20Statements) Notes detail accounting policies, Roger acquisition, goodwill, total debt, and derivative hedging, including $2.59 billion gross receivables - On January **13**, **2021**, the Company **completed the acquisition of** Roger (rebranded CorpayOne), a global accounts payable (AP) cloud software platform, for $**38.6 million**. This acquisition **added** $**34.2 million** to goodwill and $**6.9 million** in **other intangible assets**[68](index=68&type=chunk)[69](index=69&type=chunk) - The company **utilizes a $1 billion revolving trade accounts receivable securitization facility**, which was **amended on March 29, 2021**, to **extend the maturity to 2024**, **reduce the LIBOR floor**, and **improve margins**[44](index=44&type=chunk)[46](index=46&type=chunk) - The company **uses interest rate swap contracts to hedge variability on** $**2.0 billion** of its variable rate debt. These swaps are **designated as cash flow hedges**[80](index=80&type=chunk)[103](index=103&type=chunk) - The **Board of Directors authorized a stock repurchase program of up to** $**4.1 billion**. As of the report date, $**836.3 million remained available for future repurchases**[58](index=58&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=26&type=section&id=Item%202.%20MANAGEMENT%27S%20DISCUSSION%20AND%20ANALYSIS%20OF%20FINANCIAL%20CONDITION%20AND%20RESULTS%20OF%20OPERATIONS) Management reported a **7.9%** revenue **decrease** for Q1 **2021**, with operating income **rising 32.3%** due to a prior-year write-off, and **strong liquidity maintained** Financial Performance Summary (Q1 2021 vs Q1 2020) | Metric | Q1 2021 (in millions) | Q1 2020 (in millions) | % Change (%) | | :--- | :--- | :--- | :--- | | **Revenues, net** | $608.6 million | $661.1 million | (**7.9%**) | | **Operating income** | $266.0 million | $201.0 million | **32.3%** | | **Net income** | $184.2 million | $147.1 million | **25.3%** | | **Adjusted net income** | $242.1 million | $264.5 million | (**8.5%**) | - **Consolidated revenues declined primarily due to decreased transaction volume from the COVID-19 pandemic**. Organically, revenues were **down approximately 6%**[140](index=140&type=chunk) - The **significant increase in operating income was primarily driven by a $90 million write-off of a customer receivable** in the cross-border payments business during Q1 **2020**, which **did not recur in 2021**[146](index=146&type=chunk)[158](index=158&type=chunk) - The company **signed a definitive agreement to acquire Associated Foreign Exchange (AFEX)** for approximately $**450 million**, with the **transaction expected to close in late Q2 2021**[135](index=135&type=chunk)[184](index=184&type=chunk) [Results of Operations](index=32&type=section&id=Results%20of%20Operations) Q1 **2021** saw revenue **declines** across all segments, with North America operating income **increasing significantly due to the absence of a prior-year write-off** Revenues by Segment (Q1 2021 vs Q1 2020) | Segment | Q1 2021 Revenue (in millions) | Q1 2020 Revenue (in millions) | % Change (%) | | :--- | :--- | :--- | :--- | | **North America** | $402.2 million | $434.7 million | (**7.5%**) | | **Brazil** | $81.9 million | $99.0 million | (**17.2%**) | | **International** | $124.5 million | $127.4 million | (**2.3%**) | | **Total** | $608.6 million | $661.1 million | (**7.9%**) | - The Brazil segment's revenue **decline was primarily due to an unfavorable foreign exchange impact of approximately $19 million**[144](index=144&type=chunk) - **Processing expenses decreased by $117.3 million** (**50.2%**), **largely due to a non-recurring $90 million write-off of a customer receivable in Q1 2020**[146](index=146&type=chunk) - The North America segment's **operating margin increased from 19.7% to 40.4%**, **primarily driven by the absence of the prior year's $90 million customer receivable write-off**[159](index=159&type=chunk)[160](index=160&type=chunk) [Liquidity and Capital Resources](index=35&type=section&id=Liquidity%20and%20capital%20resources) The company **maintained strong liquidity of $1.96 billion**, despite a **significant decrease in operating cash flow due to unfavorable working capital movements** - **Total liquidity was approximately $1.96 billion**, **consisting of $958 million in unrestricted cash and $998 million available under the Credit Facility**[164](index=164&type=chunk) - **Net cash provided by operating activities decreased from $420.0 million in Q1 2020 to $77.9 million in Q1 2021**, **mainly due to unfavorable working capital movements**[170](index=170&type=chunk) - On April **30**, **2021**, subsequent to the quarter end, the company **amended its Credit Agreement to establish a new seven-year $1.15 billion term loan B, maturing in 2028**, which was **used to pay off the existing term loan B**[77](index=77&type=chunk)[174](index=174&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=43&type=section&id=Item%203.%20QUANTITATIVE%20AND%20QUALITATIVE%20DISCLOSURES%20ABOUT%20MARKET%20RISK) **No material changes to the company's market risk profile were reported as of March 31, 2021, from prior 10-K disclosures** - There were **no material changes to the company's market risk profile** during the first quarter of **2021**[201](index=201&type=chunk) [Controls and Procedures](index=43&type=section&id=Item%204.%20CONTROLS%20AND%20PROCEDURES) Management **concluded disclosure controls and procedures were effective**, with **no material changes to internal control over financial reporting** during the quarter - The **CEO and CFO concluded that the company's disclosure controls and procedures were effective as of the end of the period**[202](index=202&type=chunk) - **No changes occurred during the quarter that materially affected, or are reasonably likely to materially affect, the company's internal control over financial reporting**[203](index=203&type=chunk) PART II—OTHER INFORMATION [Legal Proceedings](index=44&type=section&id=Item%201.%20LEGAL%20PROCEEDINGS) The company is **involved in ongoing legal matters**, including shareholder derivative lawsuits and an FTC investigation, which **management believes will not materially affect financial condition** - The company is **defending against shareholder derivative lawsuits**. A federal action was **dismissed but is now on appeal**, while a similar state action **remains stayed**[206](index=206&type=chunk)[207](index=207&type=chunk) - The **FTC filed a lawsuit** against the company and its CEO in December **2019 regarding advertising and marketing practices**. The company **believes the claims are without merit** and notes a recent Supreme Court decision that may **limit the FTC's ability to seek monetary redress in such cases**[209](index=209&type=chunk) [Risk Factors](index=44&type=section&id=Item%201A.%20RISK%20FACTORS) The report **refer**s to risk factors detailed in the **2020** Form **10-K**, now **encompassing impacts related to the COVID-19 pandemic and its economic consequences** - **Investors are directed to the risk factors in the 2020 Form 10-K**, with a specific mention that **these risks now encompass the impacts of the COVID-19 pandemic**[210](index=210&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=45&type=section&id=Item%202.%20UNREGISTERED%20SALES%20OF%20EQUITY%20SECURITIES%20AND%20USE%20OF%20PROCEEDS) The company **repurchased approximately 0.64 million shares** in Q1 **2021** under its $**4.1 billion stock repurchase program**, with $**836.3 million remained available** - The **stock repurchase program was increased to $4.1 billion in total authorization**, with $**836.3 million remained available** as of March **31**, **2021**[211](index=211&type=chunk) Share Repurchases in Q1 2021 | Period | Total Shares Purchased (shares) | Average Price Paid Per Share (per share) | | :--- | :--- | :--- | | Jan 2021 | **1,143 shares** | $**267.32** | | Feb 2021 | **513,695 shares** | $**264.04** | | Mar 2021 | **125,895 shares** | $**273.58** | [Defaults Upon Senior Securities](index=45&type=section&id=Item%203.%20DEFAULTS%20UPON%20SENIOR%20SECURITIES) **Not applicable** [Mine Safety Disclosures](index=45&type=section&id=Item%204.%20MINE%20SAFETY%20DISCLOSURES) **Not applicable** [Other Information](index=45&type=section&id=Item%205.%20OTHER%20INFORMATION) **Not applicable** [Exhibits](index=46&type=section&id=Item%206.%20EXHIBITS) This section lists the exhibits filed with the Form **10-Q**, including amendments to key agreements and certifications by the CEO and CFO

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________________ FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to Commission File Number 001-35004 __________________________________________________________ FL ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________________ FORM 10-Q _________________________________________________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition pe ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________________ FORM 10-Q _________________________________________________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________________ FORM 10-Q __________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-35 ...