Welcome to our dedicated page for Mind Technology SEC filings (Ticker: MINDP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The MINDP SEC filings page on Stock Titan provides access to U.S. Securities and Exchange Commission documents associated with MIND Technology, Inc.’s 9.00% Series A Cumulative Preferred Stock and the company’s broader reporting obligations. MIND Technology, headquartered in The Woodlands, Texas, supplies technology to the oceanographic, hydrographic, defense, seismic and security industries and files periodic and current reports that describe its financial condition, capital structure and corporate actions.
Through its Forms 10-K and 10-Q, MIND Technology reports on its marine technology products business, equipment leasing activities and overall financial performance. These filings often include discussions of its proprietary product lines, such as GunLink seismic source acquisition and control systems, BuoyLink RGPS tracking systems, SeaLink marine sensors and streamer systems, and HarborGuard waterside surveillance and security systems, as well as information about its Seamap unit, which designs, manufactures and sells specialized, high performance marine exploration and survey equipment.
Current reports on Form 8-K are particularly relevant for the MINDP symbol. They document material events such as the company’s proposals to amend the terms of its 9% Series A Cumulative Preferred Stock, the solicitation of proxies from preferred stockholders, and the outcomes of virtual special meetings where preferred stockholders voted on conversion proposals. Filings also describe the eventual decision by the Board of Directors to effect the conversion of all outstanding preferred shares into common stock at a 3.9-to-1 ratio and the filing of a Certificate of Amendment with the Delaware Secretary of State. Other 8-K filings report on matters such as equity distribution agreements for at-the-market offerings of common stock, authorization of share repurchase programs, and the results of annual stockholder meetings, including director elections and amendments to stock awards plans.
On Stock Titan, users can review these SEC filings alongside AI-powered summaries that explain key points from lengthy documents. Real-time updates from the SEC’s EDGAR system ensure that new Forms 10-K, 10-Q and 8-K related to MIND Technology and the MINDP preferred stock are reflected promptly. Investors can also examine filings that touch on preferred stock dividends, deferred dividend disclosures, and the company’s view of how preferred obligations affect its capital structure. For those interested in historical and structural aspects of MINDP, this page offers a detailed record of how the preferred stock was governed, amended and ultimately converted into common equity.
MIND Technology, Inc. reported interim results showing working capital of approximately $25.1 million, including cash and cash equivalents of about $7.8 million, compared with working capital of about $23.5 million and cash of $5.3 million as of January 31, 2025. Management says it has no credit facility and expects to meet liquidity needs through cash on hand, operational cash flow, disciplined working-capital management, potential financing secured by company-owned real property, and issuance of equity.
The company executed a conversion of its 9.00% Series A preferred stock into approximately 6.6 million common shares, eliminating preferred dividend obligations and recording an approximately $14.8 million reduction credited to accumulated deficit. The Board authorized a share repurchase program of up to $4.0 million through August 31, 2027, and established an ATM for up to 25.0 million shares (no sales to date). Income tax expense and depreciation/amortization figures for interim periods are disclosed.
MIND Technology, Inc. furnished a Current Report on Form 8-K stating that on September 9, 2025 the company issued a press release announcing its financial results for the fiscal quarter ended July 31, 2025 and the date/time for a related conference call. The filing notes the press release includes non-GAAP measures and that quantitative reconciliations to the most directly comparable GAAP measures are provided in the press release pursuant to Regulation G. The company characterizes the disclosure as furnished (not filed) and includes a standard cautionary note on forward-looking statements. A copy of the press release is attached as Exhibit 99.1.
MIND Technology, Inc. is registering up to $25,000,000 of common stock through an at-the-market offering program with Lucid Capital Markets LLC as sales agent. The company may sell shares from time to time on Nasdaq or other permitted markets, paying the agent up to 2.0% of gross proceeds.
As of August 29, 2025, MIND had 7,969,421 common shares outstanding and a public float of about $79.0 million based on a Nasdaq price of $10.12 per share. Net proceeds are intended for general corporate purposes, including potential acquisitions, capital spending and working capital.
Using an illustrative sale of $25 million at $10.12 per share (2,470,356 shares), April 30, 2025 net tangible book value would rise from $3.07 to $4.68 per share, while new investors would see immediate dilution of about $5.44 per share. The filing also highlights that future stock issuances, including under this ATM, could pressure the share price and further dilute existing holders.
MIND Technology, Inc. entered an equity distribution agreement with Lucid Capital Markets LLC on August 28, 2025, enabling an "at-the-market" offering of up to $25.0 million of common stock. The agent may be paid up to 2.0% of gross proceeds. Proceeds are for general corporate purposes, which may include future acquisitions, capital expenditures and working capital. The shares will be issued under the company’s Form S-3 registration (File No. 333-286763) declared effective May 1, 2025, and a prospectus supplement dated September 2, 2025, was filed.
The board also authorized a share repurchase program to buy up to $4.0 million of common stock through August 31, 2027. The filing discloses that Peter H. Blum, a company director, is Vice Chairman of the agent. The Sales Agreement is attached as Exhibit 1.1 and a press release is furnished as Exhibit 99.1.
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