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Bloch’s motion on September 8, 2020.
−Removed: The case was therefore transferred to the County of Nassau, and assigned to the same Judge hearing the other cases between the parties.
−Removed: At this time, the Company does not have sufficient information to determine the likelihood of success of this petition.
+Added: The case was therefore transferred to the County of Nassau, and assigned to the same Judge hearing the other cases between the parties ( Frequency Electronics, Inc.
+Added: Bloch, Index No.
+Added: 611405/2020).
+Added: In its order dated February 10, 2021 and entered on February 16, 2021, the Company filed a Notice of Appeal of that order.
+Added: The Company intends to perfect its appeal in the coming months.
+Added: At this time, the Company does not have sufficient information to determine the likelihood of success of this appeal.
On June 5, 2020, Mr.
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Bloch’s petition, and he opposed the Company’s motion on July 2, 2020.
−Removed: The motion is currently pending.
−Removed: On September 11, 2020, the Court granted Respondents’ application for an interim stay of the arbitration pending the Court’s determination of the Company’s petition for a stay of arbitration (described above), Mr.
−Removed: Bloch’s petition for the appointment of an arbitrator, and other outstanding motions.
−Removed: Respondents dispute all of Bloch’s claims and intend to continue to vigorously defend the Company in this special proceeding.
−Removed: The likelihood of any outcome of this proceeding cannot be determined at this time.
+Added: In its orders dated February 10, 2021 and entered on February 16, 2021, the Court granted Mr.
+Added: Bloch’s petition for the appointment of an arbitrator, denied the Company’s motion to dismiss that petition, and denied a motion previously filed the Company for an interim stay of arbitration.
+Added: On February 16, 2021, the Company filed a Notice of Appeal of those orders.
+Added: The Company intends to perfect its appeal in the coming months.
+Added: Respondents dispute all of Bloch’s claims and intend to continue to vigorously defend the Company in the appeal process.
+Added: The likelihood of any outcome of this appeal cannot be determined at this time.
Certification by the Chief Executive Officer pursuant to Rule 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
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The following materials from the Frequency Electronics, Inc.
−Removed: Quarterly Report on Form 10-Q for the quarter ended October 31, 2020 formatted in eXtensible Business Reporting Language (XBRL):
+Added: Quarterly Report on Form 10-Q for the quarter ended January 31, 2021 formatted in eXtensible Business Reporting Language (XBRL):
(i) Condensed Consolidated Balance Sheets, (ii) Condensed Consolidated Statements of Operations and Comprehensive Loss, (iii) Condensed Consolidated Statements of Cash Flows, (iv) Condensed Consolidated Statements of Changes in Stockholders’ Equity and (v) Notes to Condensed Consolidated Financial Statements.
1 unchanged sentence
FREQUENCY ELECTRONICS, INC.
−Removed: December 11, 2020
+Added: March 12, 2021
/s/ Steven L.
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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.