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 |
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Date of report (Date of earliest event reported): October 30, 2019 |
CVD EQUIPMENT CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
New York | | 1-16525 | | 11-2621692 |
(State or Other Jurisdiction of Incorporation or Organization) | | (Commission File Number) | | (IRS Employer Identification No.) |
355 South Technology Drive Central Islip, New York | | 11722 |
(Address of Principal Executive Offices) | | (Zip Code) |
Registrant’s Telephone Number, Including Area Code: (631) 981-7081
(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) |
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☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities Registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of exchange on which registered |
Common Stock | CVV | Nasdaq Capital Market |
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). |
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Emerging growth company ☐ |
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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 1.02 | Termination of a Material Definitive Agreement |
As previously disclosed by CVD Equipment Corporation (the “Corporation”) in its Current Report on Form 8-K filed with the Securities and Exchange Commission on June 5, 2019 (the “Prior 8-K”), the Corporation, via its subsidiary 555 N Research Corporation, had entered into a sub-lease agreement with ELM Freight Handlers Inc. (“Tenant”), dated as of May 31, 2019 (the “Lease”), concerning the east side of its facility located at 555 North Research Place, Central Islip, NY (the “Facility”). The Lease was for a one year term ending on June 30, 2020, and provided for an initial base monthly rent of $31,667 per month ($380,000 per annum).
On October 30, 2019, the Tenant exercised its option to terminate the Lease, which termination will be effective as of December 31, 2019 (the “Termination”).
The sub-lease agreement by and between the Corporation and the Tenant concerning the west side of the Facility, dated as of May 31, 2019, the terms of which were disclosed in the Prior 8-K, will remain in full force and effect and will not be affected by the Termination.
SIGNATURES
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.
Date: November 4, 2019
| CVD EQUIPMENT CORPORATION | |
| | | |
| By: | /s/ Thomas McNeill | |
| Name: | Thomas McNeill | |
| Title: | Chief Financial Officer | |
