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8-KThe WireRoutine

Company Update

Filed Jul 29, 2015 · 11y ago · Accession 0001354488-15-003480

Plain English

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

Read the source below for the full document.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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 28, 2015   Solitron Devices, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware (State or Other Jurisdiction of Incorporation)   001-04978   22-1684144 (Commission File Number)   (IRS Employer Identification No.)   3301 Electronics Way, West Palm Beach, Florida 33407 (Address of Principal Executive Offices) (Zip Code)   (561) 848-4311 (Registrant’s Telephone Number, Including Area Code) (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 ( see General Instruction A.2. below):   o       Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   o       Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   o       Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   o       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 July 28, 2015, Solitron Devices, Inc. (the "Company") issued a press release (the "Press Release") announcing that its Board of Directors has expanded its previously authorized stock repurchase program from repurchases of up to $500,000 of its outstanding common stock from time to time through February 29, 2016 on the open market or in privately negotiated transactions to repurchases of up to $1,000,000 of its outstanding common stock from time to time through February 29, 2016 on the open market or in privately negotiated transactions. A copy of the Press Release announcing the expansion of the stock repurchase program is attached as Exhibit 99.1 to this report and incorporated hereby by reference.   Item 9.01. Financial Statements and Exhibits   Exhibit No.   Description       99.1   Press Release, dated July 28, 2015.         2     SIGNATURE   Pursuant to the requirement of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.       SOLITRON DEVICES, INC.           July 29, 2015 By: /s/ Shevach Saraf       Shevach Saraf       Chairman, Chief Executive Officer       President, Chief Financial Officer       & Treasurer         3     EXHIBIT INDEX   Exhibit No.   Description       99.1   Press Release, dated July 28, 2015.         4
Filing details
Ticker
SODI
CIK
91668
Form type
8-K
Filing date
Jul 29, 2015
Report date
Jul 28, 2015
Document
sodi_8k.htm
Size
38 KB