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NORTECH SYSTEMS INC Regulatory Filings 2012

May 7, 2012

34862_rns_2012-05-07_711f283c-84bf-4235-b32b-65651bf7f24e.zip

Regulatory Filings

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8-K 1 a12-11434_18k.htm 8-K

*SECURITIES AND EXCHANGE COMMISSION*

*WASHINGTON, D.C. 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): May 7, 2012

*NORTECH SYSTEMS INCORPORATED*

(Exact name of registrant as specified in charter)

Minnesota 0-13257 41-16810894
(State or other jurisdiction (Commission IRS Employer
of incorporation) File Number) Identification No.)

*1120 Wayzata Boulevard East, Suite 201*

*Wayzata, MN 55391*

(Address of principal executive offices)

*(952) 345-2244*

(Registrant’s telephone number, including area code)

*Not Applicable*

(Former name or former address, if changed from 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):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240. 13e-4(c))

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*Item 1.01 Entry into a Material Definitive Agreement.*

(a) On May 2, 2012, the Registrant entered into the fourth amendment to the third amended and restated credit agreement with Wells Fargo Bank, National Association (“Wells Fargo”), which provides a $13.5 million line of credit through May 31, 2015. The credit agreement also has a $1.8 million real estate term note with a maturity date of March 31, 2027 which replaces the $0.9 million real estate term note that was to expire on May 31, 2012, and a new term loan of up to $2.0 million for capital expenditures to be made prior to December 31, 2013. The agreement will be filed as an exhibit to the Registrants first quarter 10Q.

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: May 7, 2012
Nortech Systems Incorporated
(Registrant)
/s/ Bert M. Gross
Bert M. Gross, Secretary

2

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