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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 AND EXCHANGE ACT OF 1934
JULY 27, 2001
(Date of Report)
KOSS CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE 0-3295 39-1168275
(State or other (Commission File (IRS Employer
jurisdiction of Number) ID Number)
incorporation)
4129 NORTH PORT WASHINGTON AVENUE
MILWAUKEE, WISCONSIN 53212
(Address of principal executive offices)
(414) 964-5000
(Registrant's telephone number, including area code)
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This report includes "forward-looking statements" within the meaning of
Section 27A of the Securities Act and Section 21E of the Securities Exchange Act
of 1934, as amended. All statements other than statements of historical facts
included in this report are forward-looking statements. Forward-looking
statements are inherently subject to risks and uncertainties, some of which
cannot be predicted or quantified based on current expectations. Consequently,
future events and actual results could differ materially from those set forth
in, contemplated by, or underlying the forward-looking statements contained in
this report, other filings, press releases or otherwise.
Although the Company believes that the expectations reflected in such
forward-looking statements are reasonable, it can give no assurance that such
expectations will prove to have been correct. Important factors that could cause
actual results to differ materially from such expectations ("Cautionary
Factors") include, without limitation, unanticipated developments in any one or
more of the following areas: the profitability of the Company, capital
requirements, operational costs, business opportunities, tax considerations,
general economic conditions, consumer demand for the Company's and its
customers' products, competitive and technological developments, foreign
currency fluctuations, restrictions in any then-existing credit agreements, and
other risks factors which may be detailed from time to time in the Company's
Securities and Exchange Commission filings. All subsequent written or oral
forward-looking statements attributable to the Company or persons acting on
behalf of the Company are expressly qualified in their entirety by the
Cautionary Factors. Shareholders, potential investors and other readers are
urged to consider these Cautionary Factors carefully in evaluating the
forward-looking statements and are cautioned not to place undue reliance on such
forward-looking statements.
ITEM 5. OTHER EVENTS
PRESS RELEASE. On July 25, 2001, Koss Corporation issued a Press
Release announcing its intention to begin paying quarterly dividends with the
quarter ending September 30, 2001. The First Quarterly Dividend will be $0.25
per share payable to shareholders of record on September 30, 2001. Quarterly
dividend payments will be made on the fifteenth day following the end of each
calendar quarter. A copy of said Press Release is attached hereto as Exhibit
99.1 and is incorporated herein by this reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits:
99.1 Press release announcing beginning of quarterly
dividend payments.
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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.
KOSS CORPORATION
(Registrant)
By: /s/ Michael J. Koss
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Michael J. Koss
President, Chief Executive Officer
and Chief Financial Officer
Date: July 27, 2001
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KOSS CORPORATION
EXHIBIT INDEX
TO
CURRENT REPORT ON FORM 8-K
EXHIBIT NUMBER DESCRIPTION INCORPORATED FILED HEREWITH
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REFERENCE
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99.1 Press release announcing beginning of quarterly dividend X
payments.