UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): February 25, 2022
Wireless Telecom Group, Inc. |
(Exact Name of Registrant as Specified in Its Charter) |
New Jersey |
(State or Other Jurisdiction of Incorporation) |
001-11916 | 22-2582295 | |
(Commission File Number) | (IRS Employer Identification No.) |
25 Eastmans Road | ||
Parsippany, New Jersey | 07054 | |
(Address of Principal Executive Offices) | (Zip Code) |
(973) 386-9696
(Registrant’s Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since 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 14d-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)) |
Title of each class | Trading Symbol | Name of each exchange on which registered | ||
Common Stock | WTT | NYSE American |
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. ☐
Item 8.01. | Other Events. |
On February 25, 2022, Wireless Telecom Group, Inc., a New Jersey corporation (the “Company”) issued a press release announcing the preliminary voting results of the Special Meeting of shareholders. The Company also announced that C. Scott Gibson will assume the duties of Chairman of the Board effective as of the 2022 annual shareholder meeting as part of the Company’s board succession plan. Current Chairman Alan Bazaar will continue to serve as an independent board member.
Additionally, as previously disclosed on the Current Report on Form 8-K and filed with the Securities and Exchange Commission on January 7, 2022, effective on completion of the transaction pursuant to the Membership Interest Purchase Agreement dated December 16, 2021, with RF Industries, Ltd., a Nevada corporation (the “Buyer”) and divestiture of the Company’s Microlab business, Alfred Rodriquez will assume the roll of General Manager and Senior Vice President of the Radio Baseband and Software business and Daniel Monopoli will assume the roll of General Manger and Senior Vice President of the Test and Measurement business.
A copy of the press release is furnished as Exhibit 99.1 hereto.
Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
Exhibit No. | Description | |
99.1 | Press Release of Wireless Telecom Group, Inc., dated February 25, 2022 | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
WIRELESS TELECOM GROUP, INC. | ||
Date: February 25, 2022 | By: | /s/ Michael Kandell |
Michael Kandell | ||
Chief Financial Officer |