3 unchanged sentences
The Credit Agreement contains limitations and covenants that may limit BK Technologies, Inc.’s ability to take certain actions, including paying dividends to the Company.
+Added: Share Repurchase Program
+Added: On December 21, 2021, the Company announced that the Board has authorized a share repurchase program which permits the Company to purchase up to an aggregate of $5 million of its common shares.
+Added: The program does not have an expiration date.
+Added: Any repurchases would be funded using cash on hand and cash from operations.
+Added: The actual timing, manner and number of shares repurchased under the program will be determined by management and the Board of Directors at their discretion, and will depend on several factors, including the market price of the Company’s common shares, general market and economic conditions, alternative investment opportunities, and other business considerations in accordance with applicable securities laws and exchange rules.
+Added: 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.
+Added: The following table provides information about purchases made by us of our common stock for each month included in the first quarter of 2022:
+Added: ISSUER PURCHASES OF EQUITY SECURITIES
+Added: Total Number of
+Added: Shares Purchased
+Added: Average Price
+Added: Paid Per Share
+Added: Total Number of
+Added: Shares Purchased as
+Added: Part of Publicly
+Added: Announced Plans or
+Added: Dollar Value of
+Added: Shares that May
+Added: Still be Purchased
+Added: Under the Plans or
+Added: January 1–31, 2022
+Added: February 1–28, 2022
+Added: March 1–31, 2022
+Added: Quarter Ended March 31, 2022
Exhibits required to be filed by Item 601 of Regulation S-K are listed in the Exhibit Index below.
2 unchanged sentences
Certification of Principal Financial Officer Pursuant to Item 601(b)(31) of Regulation S-K, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
+Added: Exhibit 32.1**
Certification of Principal Executive Officer Pursuant to 18 U.S.C.
Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (furnished pursuant to Item 601(b)(32) of Regulation S‑K)
+Added: Exhibit 32.2**
Certification of Principal Financial Officer Pursuant to 18 U.S.C.
13 unchanged sentences
Cover Page Interactive Data File (embedded within the Inline XBRL document) (filed herewith)
+Added: ** Furnished herewith.
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 thereunto duly authorized.
1 unchanged sentence
(The “Registrant”)
−Removed: November 11, 2021
+Added: May 12, 2022 By:
Chief Executive Officer
1 unchanged sentence
authorized officer)
−Removed: November 11, 2021
/s/ William P.
4 unchanged sentences
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.