SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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): May 27, 2010
NORTECH SYSTEMS INCORPORATED
(Exact name of registrant as specified in charter)
Minnesota |
| 0-13257 |
| 41-16810894 |
(State or other jurisdiction |
| (Commission |
| IRS Employer |
of incorporation) |
| File Number) |
| Identification No.) |
1120 Wayzata Boulevard East, Suite 201
Wayzata, MN 55391
(Address of principal executive offices)
(952) 345-2244
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed from 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):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240. 13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement.
(a) On May 27, 2010, the Registrant entered into a third amended and restated credit and security agreement with Wells Fargo Bank, National Association (“Wells Fargo”), which provides a $12 million line of credit through May 31, 2013, and a real estate term note maturing on May 31, 2012.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. |
| Description |
|
|
|
99 |
| News Release dated June 2, 2010 |
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: June 2, 2010
| Nortech Systems Incorporated | |
|
| (Registrant) |
|
| |
| /s/ Bert M. Gross | |
| Bert M. Gross, Secretary |