SEC Filing Summary: BK Technologies, Inc. (Form 8-K)
Business Context and Reporting Period
This Current Report on Form 8-K was filed by BK Technologies, Inc. (formerly RELM Wireless Corporation) on June 4, 2018. The filing documents a corporate name change, the adoption of amended bylaws, the results of the Annual Meeting of Stockholders held on the same date, and the declaration of a quarterly dividend.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only financial metric disclosed is the declaration of a quarterly cash dividend of $0.02 per share, payable on July 16, 2018, to stockholders of record as of July 2, 2018.
Material Changes
- Corporate Name Change: The company's legal name changed from RELM Wireless Corporation to BK Technologies, Inc., effective June 4, 2018.
- Trading Symbol and CUSIP: Effective June 5, 2018, common stock began trading under the ticker symbol "BKTI" on the NYSE American. The CUSIP number changed to 09180A100.
- Corporate Governance: The Board of Directors adopted amended and restated Bylaws to reflect the name change.
Outlook, Risks, and Management Commentary
The filing contains no forward-looking guidance, management commentary on future operations, or discussion of risks and contingencies. The document focuses strictly on the administrative execution of the name change and the ratification of corporate actions at the Annual Meeting.
Key Facts for Investor Verification
- Stock Ticker: Verify trading under the new symbol "BKTI" on the NYSE American starting June 5, 2018.
- Dividend Details: Confirm eligibility for the $0.02 per share dividend with a record date of July 2, 2018, and payment date of July 16, 2018.
- Stock Certificates: Existing stock certificates remain valid and do not require exchange despite the CUSIP change.
- Board Composition: Seven directors were elected to serve until the next annual meeting: D. Kyle Cerminara, Michael R. Dill, Lewis M. Johnson, Charles T. Lanktree, General E. Gray Payne, John W. Struble, and Ryan R.K. Turner.
- Accounting Firm: Stockholders ratified the appointment of Moore Stephens Lovelace, P.A. as the independent registered public accounting firm for fiscal year 2018.