UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: Dividend Restrictions
−Removed: On January 31, 2022, BK Technologies, Inc., our wholly owned operating subsidiary, extended its Credit Agreement with JPMC.
−Removed: 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.
Share Repurchase Program
4 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 third quarter of 2022:
+Added: The following table provides information about purchases made by us of our common stock for each month included in the first quarter of 2023:
ISSUER PURCHASES OF EQUITY SECURITIES
3 unchanged sentences
Approximate Dollar Value of Shares that May Still be Purchased Under the Plans or Programs
−Removed: July 1–31, 2022
−Removed: August 1–31, 2022
−Removed: September 1–30, 2022
−Removed: Quarter Ended September 30, 2022
+Added: January 1–31, 2023
+Added: February 1–28, 2023
+Added: March 1–31, 2023
+Added: Quarter Ended March 31, 2023
Exhibits required to be filed by Item 601 of Regulation S-K are listed in the Exhibit Index below.
Exhibit Index
−Removed: Exhibit Number
+Added: Articles of Incorporation (incorporated by reference from Exhibit 3.1 to the Company’s Annual Report on Form 10-K filed March 17, 2022)
+Added: Certificate of Amendment to Articles of Incorporation (incorporated by reference from Exhibit 3.1.1 to the Company’s Annual Report on Form 10-K filed March 17, 2022)
+Added: Certificate of Change to Articles of Incorporation (incorporated by reference from Exhibit 3.1 to the Company’s Current Report on Form 8-K filed March 28, 2023)
+Added: Bylaws (incorporated by reference from Exhibit 3.3 to the Company’s Current Report on Form 8-K12B filed March 28, 2019)
+Added: Sales Agreement, dated January 31, 2023, by and between the Company and ThinkEquity LLC (incorporated by reference from Exhibit 1.1 to the Company’s Current Report on Form 8-K filed January 31, 2023)
Certification of Principal Executive Officer Pursuant to Item 601(b)(31) of Regulation S-K, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
20 unchanged sentences
(The “Registrant”)
−Removed: November 4, 2022
Chief Executive Officer
1 unchanged sentence
authorized officer)
−Removed: November 4, 2022
−Removed: Interim Chief Financial Officer
+Added: Chief Financial Officer
(Principal financial and accounting
1 unchanged sentence
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.