Current Report Filing (8-k)
August 11 2022 - 4:08PM
Edgar (US Regulatory)
AUTOSCOPE TECHNOLOGIES CORP
MN
0000943034
false
0000943034
2022-08-11
2022-08-11
0000943034
us-gaap:CommonStockMember
2022-08-11
2022-08-11
0000943034
us-gaap:RightsMember
2022-08-11
2022-08-11
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 Or 15(d) of The Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported) August 11, 2022
________________________
Autoscope Technologies Corporation
(Exact name of registrant as specified in its charter)
| Minnesota |
0-26056 |
86-3685595 |
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
| 1115 Hennepin Avenue, Minneapolis, Minnesota |
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55403 |
| (Address of principal executive offices) |
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(Zip Code) |
Registrant’s telephone number, including area code (612) 438-2363
(Former name or former address, if changed since last report.)
________________________
Securities registered pursuant to Section 12(b) of the Act:
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| Title of each class |
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Trading Symbol(s) |
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Name of each exchange on which registered |
| Common Stock, $0.01 par value |
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AATC |
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The Nasdaq Capital Market |
| Preferred Stock Purchase Rights |
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AATC |
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The Nasdaq Capital Market |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting 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))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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. ☐
Section 2 – Financial Information
Item 2.02 Results of Operations and Financial Condition.
(a) The following information is being “furnished” in accordance with Item 2.02 of the Current Report on Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as expressly set forth by specific reference in such filing:
On August 11, 2022, Autoscope Technologies Corporation issued a press release announcing its earnings for its second quarter ended June 30, 2022. The press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.
Section 7 – Regulation FD
Item 7.01 Regulation FD Disclosure.
Dividend. On August 9, 2022, the Board of Directors of Autoscope Technologies Corporation approved a dividend of $0.12 per share of common stock outstanding. The dividend will be payable on August 31, 2022 to shareholders of record as of the close of business on August 25, 2022. Although Autoscope Technologies Corporation intends to pay quarterly dividends for the foreseeable future, subsequent dividends will continue to be reviewed quarterly and declared by the Board of Directors.
Section 9 – Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following exhibit is being “furnished” in accordance with Item 2.02 of this Current Report on Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such filing:
99.1 Press Release, dated August 11, 2022, of Autoscope Technologies Corporation.
SIGNATURES
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.
| Dated: August 11, 2022 |
Autoscope Technologies Corporation |
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By: |
/s/ Frank G. Hallowell |
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Frank G. Hallowell |
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Chief Financial Officer
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(Principal Financial Officer and
Principal Accounting Officer) |
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