UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

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):   September 5, 2023

 

SOLITRON DEVICES, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

 Delaware

 

 001-04978

 

22-1684144

 (State or Other Jurisdiction of Incorporation)

 

 (Commission File Number)

 

 (IRS Employer Identification No.)

 

 901 Sansburys Way, West Palm Beach, Florida

 

 33411

 (Address of Principal Executive Offices)

 

 (Zip Code)

 

(561) 848-4311

(Registrant’s Telephone Number, Including Area Code)

 

(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 the following 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))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading Symbol(s)

 

Name of each exchange on which registered

 

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. ☐

 

 

 

 

Item 2.02. Results of Operations and Financial Condition.

 

On September 5, 2023, Solitron Devices, Inc. (“Solitron” or the “Company”) issued a press release announcing the closing of its acquisition of Micro Engineering, Inc. and preliminary unaudited fiscal 2024 second quarter revenue and bookings.   A copy of the press release is furnished hereto as Exhibit 99.1.

 

Item 7.01. Regulation FD Disclosure.

 

The disclosure set forth under Item 2.02 is incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.

 

Description

 

 

 

99.1

 

Press Release issued by Solitron Devices, Inc.

 

 

2

 

 

SIGNATURE

 

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.

 

 

SOLITRON DEVICES, INC.

 

 

 

 

 

September 5, 2023

By:  

/s/ Tim Eriksen

 

 

 

Tim Eriksen 

 

 

 

Chief Executive Officer and 

Interim Chief Financial Officer

 

 

 

3

 

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Sep. 05, 2023
Cover [Abstract]  
Entity Registrant Name SOLITRON DEVICES, INC.
Entity Central Index Key 0000091668
Document Type 8-K
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Entity Emerging Growth Company false
Document Period End Date Sep. 05, 2023
Entity File Number 001-04978
Entity Incorporation State Country Code DE
Entity Tax Identification Number 22-1684144
Entity Address Address Line 1 901 Sansburys Way
Entity Address City Or Town West Palm Beach
Entity Address State Or Province FL
Entity Address Postal Zip Code 33411
City Area Code 561
Local Phone Number 848-4311
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
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