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( Mark One ) ☑ 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 : 001-37858 CANTERBURY PARK HOLDING CORPORATION ( Exact Name of Registrant as Specified in its Charter ) Minnesota ( State or Other Jurisdiction of Incorporation or Organization ) 1100 Canterbury Road Shakopee , MN 55379 ( Address of principal executive offices Title of Each Class Common Stock , $ .01 par value and zip code ) Registrant's telephone number , including area code : ( 952 ) 445-7223 Securities registered pursuant to Section 12 ( b ) of the Act : Symbol CPHC 47-5349765 ( I.R.S. Employer Identification No. ) Name of Exchange on which Registered Nasdaq Stock Market Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . YES ☐ NO ☑ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . YES ☐ NO ☑ Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . YES ☑ NO ☐ Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T during the preceding 12 months ( or for such shorter period that the Registrant was required to submit such files ) . YES ☑ NO ☐ Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of “ large accelerated filer , ” “ accelerated filer , ” “ smaller reporting company , ” and “ emerging growth company " in Rule 12b - 2 of the Exchange Act . Large accelerated filer Accelerated filer ◎ ☐ Non - accelerated filer Smaller reporting company ☑ ☑ ☐ 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 . □ Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Yes □ No ☑ Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Act ) . YES ☐ NO ☑ The aggregate market value of the shares of voting and non - voting common equity held by non - affiliates based on the price at which the Company's common stock was last sold on the Nasdaq Global Market , on June 30 , 2020 , the end of the registrant's most recently completed second fiscal quarter , was $ 27,547,073 . On March 24 , 2021 , the Company had 4,758,367 shares of common stock , $ .01 par value , outstanding . DOCUMENTS INCORPORATED BY REFERENCE Portions of the Company's definitive Proxy Statement for its Annual Meeting of Shareholders , to be held on June 3 , 2021 and which will be filed on or before April 30 , 2021 , are incorporated by reference into Part III of this Form 10 - K .