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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
EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): July 29, 2025
NORTECH
SYSTEMS INCORPORATED
(Exact
name of registrant as specified in charter)
| Minnesota |
|
0-13257 |
|
41-1681094 |
| (State
or other jurisdiction |
|
(Commission |
|
IRS
Employer |
| of
incorporation) |
|
File
Number) |
|
Identification
No.) |
7550
Meridian Circle N. Ste 150, Maple Grove, MN 55369
(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):
| ☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
|
| ☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 14-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
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 each exchange on which registered: |
| Common
Stock, par value $.01 per share |
|
NSYS |
|
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).
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. ☐
ITEM
1.01 Entry into a Material Definitive Agreement
On
July 29, 2025, we amended our $15 million senior secured revolving line of credit with Bank of America, NA. to extend the expiration
to August 31, 2026.
ITEM
9.01 Financial Statements and Exhibits.
Exhibits.
| Exhibit
No. |
|
Description
|
| |
|
|
| 10.1 |
|
Amendment No. 3 to Credit Agreement, by and between Nortech Systems Incorporated and Bank of America, N.A. dated July 29, 2025. |
| 104 |
|
Cover
Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
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:
August 1, 2025
| |
Nortech
Systems Incorporated |
| |
(Registrant) |
| |
|
| |
/s/
Andrew D.C. LaFrence |
| |
Andrew
D.C. LaFrence |
| |
Senior
Vice President of Finance and Chief Financial Officer |
