Business Context and Reporting Period
Company: Astronics Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: June 30, 2016
Reporting Period: The filing reports on a corporate governance event effective June 30, 2016, following shareholder approval on June 1, 2016.
Financial Metrics
This filing does not contain financial performance data. The document does not provide values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
- Capital Structure Amendment: Shareholders approved an amendment to the Certificate of Incorporation increasing the number of authorized Class B Stock shares from 10,000,000 to 15,000,000.
- Effective Date: The amendment became effective upon the filing of the Certificate of Amendment with the New York Secretary of State on June 30, 2016.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It is strictly a notification of the amendment to the Articles of Incorporation.
Key Facts for Investor Verification
- Verify the exact number of authorized Class B shares (increased to 15,000,000) in the company's updated charter.
- Confirm the filing of the Certificate of Amendment with the New York Secretary of State on June 30, 2016.
- Note that this filing does not impact the company's financial statements or operational results.