UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: On May 2, 2025, the Company issued 89,248 shares of common stock upon the cashless exercise of a warrant to purchase up to 135,300 shares of common stock.
−Removed: The issuances of the such shares was deemed to be exempt from registration pursuant to Section 3(a)(9) and Section 4(a)(2) of the Securities Act of 1933, as amended
+Added: During the third quarter of 2025, the Company issued 419 shares of common stock upon the cashless exercise of an outstanding warrant to purchase up to 591 shares of common stock.
+Added: The issuance of such shares was deemed to be exempt from registration pursuant to Section 3(a)(9) and Section 4(a)(2) of the Securities Act of 1933, as amended.
Share Repurchase Program
On December 21, 2021, the Company announced that the Board authorized a share repurchase program which permits the Company to purchase up to an aggregate of $5 million of its common shares.
+Added: Repurchases may be made through a variety of methods, which could include open market purchases, accelerated share repurchase transactions, negotiated block transactions, Rule 10b5-1 plans, other transactions that may be structured through investment banking institutions or privately negotiated, or a combination of the foregoing.
The program does not have an expiration date.
2 unchanged sentences
The authorization of the share repurchase program does not require BK Technologies to acquire any particular number of shares and repurchases may be suspended or terminated at any time at the Company’s discretion.
−Removed: The following table provides information about purchases made by us of our common stock for each month included in the second quarter of 2025:
+Added: The following table provides information about purchases made by us of our common stock for each month included in the third quarter of 2025:
ISSUER PURCHASES OF EQUITY SECURITIES
11 unchanged sentences
Plans or Programs
−Removed: April 1–30, 2025
−Removed: May 1–31, 2025
−Removed: June 1–30, 2025
−Removed: Quarter Ended June 30, 2025
+Added: July 1–31, 2025
+Added: August 1–31, 2025
+Added: September 1–30, 2025
+Added: Quarter Ended September 30, 2025
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.