FUEL TECH, INC. — Capital/Financing Update 2021

Jan 12, 2021

8-K 1 ftek20210112_8k.htm FORM 8-K ftek20210112_8k.htm Generated by ThunderDome Portal - 1/12/2021 4:32:09 PM

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT Pursuant to Section 13 or 15(d) of t he Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) January 11 , 20 2 1

FUEL TECH, INC.

(Exact name of registrant as specified in its charter)

Delaware (State or other jurisdiction of incorporation) 001-33059 (Commission File Number) 20-5657551 (IRS Employer Identification No.)

Fuel Tech, Inc. 27601 Bella Vista Parkway Warrenville, IL 60555-1617 630-845-4500

(Address and telephone number of principal executive offices)

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

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock	FTEK	NASDAQ Capital Market

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 provision:

☐ 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))

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 8.01 Other Events

On January 11, 2021, Fuel Tech, Inc. received a notice from BMO Harris Bank National Association regarding forgiveness of the loan in the principal amount of $1.556 million that was made pursuant to the Small Business Administration Paycheck Protection Program (“PPP”) under the Coronavirus Air, Relief and Economic Security Act of 2020. According to the Notice, the full principal amount of the PPP Loan and the accrued interest have been forgiven.

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.

By:	/s/ Bradley W. Johnson
	Bradley W. Johnson
Date: January 12, 2021	Vice President, General Counsel and Secretary