FilingIndex
8-KThe WireRoutine

Company Update

Filed Dec 19, 2016 · 9y ago · Accession 0001193125-16-796536

Plain English

Material event — a significant development the company must disclose promptly.

Read the source below for the full document.

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): December 19, 2016 EMERSON RADIO CORP. (Exact Name of Registrant as Specified in Charter) Delaware 001-07731 22-3285224 (State Or Other Jurisdiction Of Incorporation) (Commission File Number) (IRS Employer Identification No.) 3 University Plaza, Suite 405, Hackensack, NJ 07601 (Address of Principal Executive Offices) (Zip Code) Registrant’s telephone number, including area code: (973) 428-2000 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 14d-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)) Item 8.01 Other Events. On December 19, 2016, Emerson Radio Corp. (the “Company”) announced that its Board of Directors has approved the repurchase of up to $5 million of its common stock. The repurchases may be effected from time to time at prevailing market prices, through open market or in privately negotiated transactions, which may include, in whole or in part, the establishment of a purchase program pursuant to the safe harbor provided by Rule 10b5-1 under the Securities Exchange Act of 1934, through block purchases or through accelerated or forward or similar stock purchases. The Company intends to run the repurchase program through the end of the current fiscal year, unless the period is extended or shortened by the Board of Directors. Under the program, repurchases will be funded from available working capital and any repurchased shares will be held as authorized but unissued shares and will be available for general corporate purposes. A copy of the Company’s press release announcing this stock repurchase program is attached as Exhibit 99.1 hereto and incorporated herein by reference. Item 9.01 Financial Statements and Exhibits. Exhibit No. Description. 99.1 Press release dated December 19, 2016. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. EMERSON RADIO CORP. By: /s/ Barry Smith Name: Barry Smith Title: Treasurer Dated: December 19, 2016 EXHIBIT INDEX Exhibit No. Description. 99.1 Press release dated December 19, 2016.
Filing details
Ticker
MSN
CIK
32621
Form type
8-K
Filing date
Dec 19, 2016
Report date
Dec 19, 2016
Document
d293448d8k.htm
Size
19 KB