UNITED STATES
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) October 10, 2019
PHOTRONICS, INC.
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| (Exact name of registrant as specified in its charter) |
| Connecticut | | 000-15451 | | 06-0854886 |
| (State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification Number) |
| | 15 Secor Road, Brookfield, CT | | 06804 | |
| | (Address of Principal Executive Offices) | | (Zip Code) | |
Registrant's Telephone Number, including area code (203) 775-9000
| |
| (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:
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| 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)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2)
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. ☐
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| COMMON STOCK, $0.01 par value per share | PLAB | The Nasdaq Global Select Market |
Item 7.01. Regulation FD.
On October 10, 2019, Mycronic AB (publ) (“Mycronic”), a Swedish high-tech company engaged in the development, manufacture and marketing of production equipment for the electronics industry, announced that it received an order from Photronics, Inc. (the “Company”) for two Prexision Lite 8 Evo mask writers for display applications, for deployment in Asia. The order is valued between USD 20-25 million. The first system is planned for delivery in the first quarter of 2021 whereas the second system is planned for delivery in the second quarter of the same year.
The information contained in this Item 7.01 on Form 8-K is being furnished pursuant to Regulation FD and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.
| PHOTRONICS, INC. |
| (Registrant) |
| DATE: October 10, 2019 | BY | /s/ Richelle E. Burr |
| | | Richelle E. Burr |
| | | Vice President, General Counsel |
| | | |
| PHOTRONICS, INC. | | |
