Current Report Filing (8-k)
January 25 2018 - 1:08PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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) January 25,
2018
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Microwave Filter Company, Inc.
(Exact Name of Registrant as Specified in Charter)
New York
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0-10976
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16-0928443
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(State or Other Jurisdiction of
Incorporation)
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(Commission File Number)
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(IRS Employer Identification
No.)
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6743 Kinne Street, East
Syracuse, New York
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13057
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(Address of Principal Executive Offices)
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(Zip Code)
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(315) 438-4700
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Registrant's telephone number, including area code
Not applicable
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(Former Name or Former Address, if Changed Since Last Report)
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 thefollowing provisions (See General
Instruction 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 (§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.
[ ]
PAGE 1
Section 8 - Other Events
Item 8.01 Other Events.
On January 22, 2018, the Board of Directors of Microwave Filter
Company, Inc. ("MFCO" or the "Company") received a letter from
Zeff Capital L.P. ("Zeff Capital") in which Zeff Capital expressed
an interest in acquiring all of the outstanding shares of common
stock of MFCO not already owned by Zeff Capital or its affiliates,
for $.72 per share in cash, which the letter states represents a
premium of approximately 19% over the latest three month average
closing price. Zeff Capital is the largest shareholder of MFCO and
currently owns 220,653 shares of the Company's common stock, which
represents approximately 8.6% of MFCO's outstanding common stock.
On January 22, 2018, Zeff Capital and its affiliated entities
filed a Schedule 13D with the Securities and Exchange Commission
in which Zeff Capital disclosed its interest in acquiring all of
MFCO's outstanding common stock, and a copy of Zeff Capital's
letter dated January 19, 2018 to the Board of Directors of MFCO is
filed as Exhibit 99.1 to Zeff Capital's Schedule 13D. A copy of
Zeff Capital's letter is also filed herewith as Exhibit 99.2. Zeff
Capital's letter states that the proposal is not a legally binding
obligation, and there will be no binding obligation except as set
forth in definitive acquisition documents executed by all parties.
Zeff Capital's proposal is conditioned upon, among other things,
completion of satisfactory due diligence, negotiation of mutually
acceptable definitive agreements (and the conditions set forth in
such agreements).
The Company has provided a copy of Zeff Capital's letter dated
January 19, 2018 to the members of its Board of Directors for
review.
Section 9 - Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1 Press Release re: MFCO Receives Offer
to Acquire Outstanding Shares of Common Stock
99.2 Letter dated January 19, 2018 from
Zeff Capital L.P. to the Board of Directors of MFCO
PAGE 2
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.
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Microwave Filter Company, Inc.
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(Registrant)
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Dated: January 25, 2018
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By: /s/ Paul W. Mears
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Paul W. Mears
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Chief Executive Officer
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PAGE 3
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