Summary by Futu AI
Harbor Custom Development, Inc. has formally requested the withdrawal of its Registration Statement on Form S-3, initially filed with the SEC on September 9, 2022, and subsequently amended and declared effective on October 18, 2022. The company, which has not issued or sold any securities under this Registration Statement, cited its recent voluntary Chapter 11 bankruptcy filings as the reason for the withdrawal. The request, made under Rule 477 of the Securities Act of 1933, argues that the withdrawal is in the public interest and protects investors. Harbor Custom Development, Inc. has asked the SEC to grant the withdrawal effective immediately and to issue an order to that effect. The company's legal counsel, Lynne Bolduc of FitzGerald Kreditor Bolduc Risbrough LLP, has been provided as the point of contact for the SEC regarding this matter.