Regulatory Filings • Jun 20, 2025
Preview not available for this file type.
Download Source FileField: Rule-Page
Field: /Rule-Page
UNITED STATES
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): June 17, 2025
NORTECH SYSTEMS INCORPORATED
(Exact name of registrant as specified in charter)
| Minnesota | 0-13257 | 41-1681094 |
|---|---|---|
| (State | ||
| or other jurisdiction | (Commission | IRS |
| Employer | ||
| of | ||
| incorporation) | File | |
| Number) | Identification | |
| No.) |
7550 Meridian Circle N , Maple Grove , MN 55369
(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):
| ☐ | 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 14-2(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)) |
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, par value $.01 per share | NSYS | NASDAQ Capital Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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. ☐
Field: Rule-Page
Field: /Rule-Page
Field: Page; Sequence: 1
Field: /Page
Item 1.01 Entry into a Material Definitive Agreement
On June 16, 2025, Nortech Systems Incorporated (the “Company”) entered into a Purchase and Sale Agreement (the “Agreement”) with Clark Equities LLC (“Buyer”), pursuant to which the Company agreed to sell its facility located at 1930 W 1 st Street, Blue Earth, MN, for a purchase price of $0.5 million. The transaction is expected to close on or before July 16, 2025, subject to customary closing conditions, including satisfactory completion of due diligence and regulatory approvals. The Agreement contains customary representations, warranties, and covenants of the parties, and may be terminated under certain conditions.
Item 9.01 Financial Statements and Exhibits
| 10.1 | Purchase Agreement for Blue Earth facility between the Company and Clark Equities LLC |
|---|---|
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
Field: Page; Sequence: 2
Field: /Page
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: June 20, 2025
| Nortech
Systems Incorporated |
| --- |
| (Registrant) |
| /s/
Andrew D. C. LaFrence |
| Andrew
D. C. LaFrence Chief
Financial Officer and SVP Finance |
Field: Page; Sequence: 3; Options: Last
Field: /Page
Field: Set; Name: xdx; ID: xdx_08B_extensions eJxFjdEKgkAQRb/Afxj2OWw1JPIxqYgsQiJ63XKMJd2R2c3qk/rLNiUaBobh3nOvECOxoqWukeE0L3I4YNPWyiEUWCGjuaB3ZOtNCv4WeNXWsTKuf39gRp5BzyRhnJy90Fs7bbFMQU7G0WwcJyCnqUxgvxXBV8/IVLpE47SqQZkS9kwta3SKX0PCQT3JUPPqq47IVpNJIQrlIL8hllEMO+rUg/hmIc8zEYz6CcSK6d561+Lp0HxJWNTY+Do70P8NPgybSpY=
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.