Business Context and Reporting Period
Company: Retractable Technologies, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: April 1, 2022
Reporting Period: The filing serves as a notification of events occurring on March 31, 2022, specifically the announcement of 2021 annual results and a dividend declaration.
Key Financial Metrics
The provided filing text does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are referenced as being detailed in the attached press release (Exhibit 99.1) but are not included in the text of this Form 8-K.
Material Changes and Events
- 2021 Results Announcement: On March 31, 2022, the Company issued a press release announcing its financial results for the fiscal year 2021.
- Dividend Declaration: On March 31, 2022, the Company declared a dividend for shareholders of the Series II and Series III Class B Convertible Preferred Stock.
Guidance, Outlook, and Risks
The filing text does not provide specific guidance, outlook, management commentary, risks, contingencies, or details on unusual items. It solely references the existence of press releases containing this information.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific 2021 revenue, net income, and earnings per share figures.
- Review Exhibit 99.2 (Press Release) for the specific dividend amount per share and the record/payment dates for Series II and Series III Class B Convertible Preferred Stock.
- Verify the trading symbol RVP on the NYSE American for any market reaction to the 2021 results.