Statistiche di base
| CIK | 722313 |
SEC Filings
All companies that sell securities in the United States must register with the Securities and Exchange Commission (SEC) and file reports on a regular basis.
These reports include company annual reports (10K, 10Q), news updates (8K), investor presentations (found in 8Ks), insider trades (form 4), ownership reports (13D, and 13G), and reports related to the specific securities sold, such as registration statements and prospectus. This page shows recent SEC filings related to Nortech Systems Incorporated
SEC Filings (Chronological Order)
Questa pagina fornisce un elenco completo e cronologico dei depositi SEC, esclusi i documenti di proprietà che forniamo altrove.
| August 19, 2025 |
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): August 18, 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 i |
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| August 7, 2025 |
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): August 7, 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 in |
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| August 7, 2025 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPORATED Commission fil |
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| August 7, 2025 |
Exhibit 99.1 Nortech Systems Reports Second Quarter Results MINNEAPOLIS – August 7, 2025 – Nortech Systems Incorporated (Nasdaq: NSYS) (“Nortech” or the “Company”), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical imaging, medical device, industrial and aerospace & defense markets, reported financial results |
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| August 1, 2025 |
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 inc |
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| August 1, 2025 |
Exhibit 10.1 AMENDMENT NO. 3 TO CREDIT AGREEMENT THIS AMENDMENT NO. 3 TO CREDIT AGREEMENT (this “Amendment”) is made and entered into effective as of July 29, 2025, by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (“Borrower”), and BANK OF AMERICA, N.A., a national banking association (together with its successors and assigns, the “Lender”). RECITALS: A. Borrower and Lender are |
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| June 20, 2025 |
Purchase Agreement for Blue Earth facility between the Company and Clark Equities LLC Exhibit 10.1 PURCHASE AGREEMENT This Purchase Agreement is made as of this 16th day of June, 2025, by and between Clark Equities LLC and/or assigns (hereinafter referred to as “Buyer”), and Nortech Systems Incorporated (hereinafter referred to as “Seller”). ARTICLE I PURCHASE AND SALE Upon the terms and conditions hereinafter stated, Seller agrees to sell and convey to Buyer, and Buyer agrees to p |
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| June 20, 2025 |
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): June 17, 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 inc |
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| May 21, 2025 |
Conflict Minerals Report as required by Items 1.01 and 1.02 of this Form. Exhibit 1.01 |
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| May 21, 2025 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM SD Specialized Disclosure Report 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, Suite 150 Maple Grove, MN 55369 (Address of principa |
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| May 14, 2025 |
Exhibit 10.16 Execution Version AMENDMENT NO. 2 TO CREDIT AGREEMENT THIS AMENDMENT NO. 2 TO CREDIT AGREEMENT (this “Amendment”) is made and entered into effective as of May 14, 2025, by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (“Borrower”), and BANK OF AMERICA, N.A., a national banking association (together with its successors and assigns, the “Lender”). RECITALS: A. Borro |
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| May 14, 2025 |
Exhibit 99.1 Nortech Systems Reports First Quarter Results MINNEAPOLIS – May 14, 2025 – Nortech Systems Incorporated (Nasdaq: NSYS) (“Nortech” or the “Company”), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical imaging, medical device, industrial and aerospace & defense markets, reported financial results fo |
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| May 14, 2025 |
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): May 14, 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 inco |
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| May 14, 2025 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPORATED Commission fi |
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| April 1, 2025 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒ Defin |
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| April 1, 2025 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☐ Definitive Proxy State |
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| March 31, 2025 |
Results of Operations and Financial Condition, Financial Statements and Exhibits 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): March 31, 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 in |
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| March 31, 2025 |
Subsidiaries of Nortech Systems Incorporated* Exhibit 21 Subsidiaries of Nortech Systems Incorporated The following are wholly owned subsidiaries of the Company as of December 31, 2024. Subsidiary Jurisdiction of Organization Manufacturing Assembly Solutions of Monterrey, Inc. Mexico Nortech Systems, Hong Kong Company, Limited Hong Kong Nortech Systems, Suzhou Company, Limited China Nortech Systems Holdings, LLC Minnesota, USA |
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| March 31, 2025 |
Exhibit 10.12 AMENDMENT NO. 1 TO CREDIT AGREEMENT, WAIVER, AND CONSENT THIS AMENDMENT NO. 1 TO CREDIT AGREEMENT, WAIVER, AND CONSENT (this “Amendment”) is made and entered into effective as of March 27, 2025, by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (“Borrower”), and BANK OF AMERICA, N.A., a national banking association (together with its successors and assigns, the “Le |
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| March 31, 2025 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to NORTECH SYSTEMS INCORPORATED (Exact name of registrant as |
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| March 31, 2025 |
First Amendment to Employment Agreement with Andrew D. C. LaFrence dated March 28, 2025.* Exhibit 10.14 NORTECH SYSTEMS INCORPORATED FIRST AMENDMENT TO EMPLOYMENT AGREEMENT THIS FIRST AMENDMENT TO EMPLOYMENT AGREEMENT (“First Amendment”) dated effective as of this 28th day of March, 2025 by and between Nortech Systems Incorporated, a Minnesota corporation (the “Company”), and Andrew D. C. LaFrence (“Executive”). The Company and the Executive may be referred to herein as the “parties.” |
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| March 31, 2025 |
First Amendment to Employment Agreement with Jay D. Miller dated March 27, 2025.* Exhibit 10.13 NORTECH SYSTEMS INCORPORATED FIRST AMENDMENT TO EMPLOYMENT AGREEMENT THIS FIRST AMENDMENT TO EMPLOYMENT AGREEMENT (“First Amendment”) dated effective as of this 27th day of March, 2025 by and between Nortech Systems Incorporated, a Minnesota corporation (the “Company”), and Jay D. Miller (“Executive”). The Company and the Executive may be referred to herein as the “parties.” Recitals |
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| March 31, 2025 |
Nortech Systems Reports Fourth Quarter Results Exhibit 99.1 Nortech Systems Reports Fourth Quarter Results MINNEAPOLIS – March 31, 2025 – Nortech Systems Incorporated (Nasdaq: NSYS) (“Nortech” or the “Company”), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, industrial and defense markets, reported financial results for the fourth quarter ended Decemb |
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| March 31, 2025 |
Exhibit 19.1 Nortech Systems Incorporated Policy on Insider Trading This Insider Trading Policy (the “Policy”) describes the standards of Nortech Systems Incorporated and its subsidiaries (the “Company”) on trading, and causing the trading of, the Company’s securities or securities of certain other publicly traded companies while in possession of confidential information. This Policy is divided in |
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| March 31, 2025 |
First Amendment to Employment Agreement with John Lindeen dated March 28, 2025.* Exhibit 10.15 NORTECH SYSTEMS INCORPORATED FIRST AMENDMENT TO EMPLOYMENT AGREEMENT THIS FIRST AMENDMENT TO EMPLOYMENT AGREEMENT (“First Amendment”) dated effective as of this 28th day of, March, 2025 by and between Nortech Systems Incorporated, a Minnesota corporation (the “Company”), and John Lindeen (“Executive”). The Company and the Executive may be referred to herein as the “parties.” Recitals |
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| March 24, 2025 |
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): March 19, 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 in |
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| November 27, 2024 |
Entry into a Material Definitive Agreement, Financial Statements and Exhibits 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): November 22, 2024 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-1681094 (State or other jurisdiction (Commission IRS Employer of |
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| November 27, 2024 |
2024 Amendment to Lease Agreement for Milaca facility between the Company and Pakonen-Kolb, LLC Exhibit 10.1 2024 AMENDMENT TO LEASE AGREEMENT This 2024 Amendment (“Amendment”) to Lease Agreement is made and entered into as of November 25, 2024 (the “Effective Date”), by and between PAKONEN-KOLB, LLC, a Minnesota limited liability company (“Landlord”) and NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (“Tenant”) (each a “Party” and collectively, the “Parties”). RECITALS A. the Parties |
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| November 7, 2024 |
Results of Operations and Financial Condition, Financial Statements and Exhibits 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): November 7, 2024 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-1681094 (State or other jurisdiction (Commission IRS Employer of |
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| November 7, 2024 |
Nortech Systems Reports Third Quarter Results Exhibit 99.1 Nortech Systems Reports Third Quarter Results MINNEAPOLIS – November 7, 2024 – Nortech Systems Incorporated (Nasdaq: NSYS) (“Nortech” or the “Company”), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, industrial and defense markets, reported financial results for the third quarter ended Septem |
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| November 7, 2024 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPORATED Commissio |
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| August 8, 2024 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPORATED Commission fil |
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| August 8, 2024 |
Exhibit 99.1 Nortech Systems Reports Second Quarter Results MINNEAPOLIS – August 8, 2024 — Nortech Systems Incorporated (Nasdaq: NSYS) (“Nortech” or the “Company”), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, industrial and defense markets, reported second quarter ended June 30, 2024 financial results. |
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| August 8, 2024 |
Results of Operations and Financial Condition, Financial Statements and Exhibits 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): August 8, 2024 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-1681094 (State or other jurisdiction (Commission IRS Employer of in |
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| May 24, 2024 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM SD Specialized Disclosure Report 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.) 7050 Meridian Circle N, Suite 150 Maple Grove, MN 55369 (Address of principa |
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| May 24, 2024 |
Conflict Minerals Report as required by Items 1.01 and 1.02 of this Form. Exhibit 1.01 Conflict Minerals Report April 22, 2024 Nortech Systems, Inc. is a full-service electronics manufacturing (EMS) provider of wire and cable assemblies, printed circuit boards assemblies and higher-level complete box build assemblies for a wide range of industries. Metallic forms of tin, tantalum, tungsten, and gold ("Conflict Minerals") are present in some of the products, components, |
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| May 20, 2024 |
Filing Fee Table (filed herewith) EXHIBIT 107.1 Calculation of Filing Fee Tables Form S-8 (Form Type) NORTECH SYSTEMS INCORPORATED (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities Security Type Security Class Title Fee Calculation Rule Amount Registered(2) Proposed Maximum Offering Price Per Share(3) Maximum Aggregate Offering Price(4) Fee Rate Amount of Registration Fee(5) Equity Common |
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| May 20, 2024 |
As filed with the Securities and Exchange Commission on May 20, 2024 As filed with the Securities and Exchange Commission on May 20, 2024 Registration No. |
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| May 17, 2024 |
Submission of Matters to a Vote of Security Holders 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): May 15, 2024 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) Fil |
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| May 16, 2024 |
Nortech Systems Reports First Quarter Results And Actions to Reduce Facility Costs Exhibit 99.1 Nortech Systems Reports First Quarter Results And Actions to Reduce Facility Costs MINNEAPOLIS – May 16, 2024 - Nortech Systems Incorporated (Nasdaq: NSYS) (“Nortech” or, the "Company"), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, industrial and defense markets, reported first quarter ende |
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| May 16, 2024 |
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): May 15, 2024 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) Fil |
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| May 16, 2024 |
Exhibit 10.1 SECOND AMENDMENT TO LEASE This SECOND AMENDMENT TO LEASE (this "Second Amendment") is made and effective this 15th day of May, 2024 ("Effective Date"), by and between Sri Management and Consulting LLC, a Minnesota limited liability company, as management agent for the property owners ("Landlord") and Nortech Systems, Inc., a Minnesota corporation ("Tenant"). RECITALS: WHEREAS, LSOP 3 |
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| May 14, 2024 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPORATED Commission fi |
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| April 3, 2024 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒ Defin |
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| April 2, 2024 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☐ Defin |
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| March 20, 2024 |
Exhibit 99.1 Nortech Systems Reports Fourth Quarter and Full Year 2023 Results Full Year Net Sales Up Nearly 4% from Prior Year; Gross Margin Increase 130 Basis Points from Prior Year EBITDA Increases to $8.0 million, Up 38.2% from Prior Year MINNEAPOLIS – March 20, 2024 - Nortech Systems Incorporated (Nasdaq: NSYS) (“Nortech” or, the "Company"), a leading provider of engineering and manufacturing |
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| March 20, 2024 |
Nortech Systems Incorporated Clawback Policy* Exhibit 97.1 NORTECH SYSTEMS, INCORPORATED CLAWBACK POLICY Introduction The Board of Directors (the "Board") of the Nortech Systems, Incorporated (the “Company") believes that it is in the best interests of the Company and its shareholders to create and maintain a culture that emphasizes integrity and accountability and that reinforces the Company's pay-for-performance compensation philosophy. The |
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| March 20, 2024 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2023 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to NORTECH SYSTEMS INCORPORATED (Exact name of registrant as |
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| March 20, 2024 |
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): March 20, 2024 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) F |
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| March 20, 2024 |
Subsidiaries of Nortech Systems Incorporated* Exhibit 21 Subsidiaries of Nortech Systems Incorporated The following are wholly owned subsidiaries of the Company as of December 31, 2023. Subsidiary Jurisdiction of Organization Manufacturing Assembly Solutions of Monterrey, Inc. Mexico Nortech Systems, Hong Kong Company, Limited Hong Kong Nortech Systems, Suzhou Company, Limited China |
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| March 5, 2024 |
Exhibit 10.1 CREDIT AGREEMENT Dated as of February 29, 2024 among NORTECH SYSTEMS INCORPORATED, as the Borrower, THE OTHER LOAN PARTIES FROM TIME TO TIME PARTY HERETO, and BANK OF AMERICA, N.A., as the Lender TABLE OF CONTENTS Page ARTICLE I DEFINITIONS AND ACCOUNTING TERMS 1 1.01 Defined Terms. 1 1.02 Other Interpretive Provisions. 21 1.03 Accounting Terms. 22 1.04 Rounding. 23 1.05 Times of Day. |
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| March 5, 2024 |
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): February 29, 2024 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 |
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| December 26, 2023 |
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 22, 2023 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 |
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| December 5, 2023 |
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 1, 2023 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) |
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| December 5, 2023 |
Exhibit 10.1 NORTECH SYSTEMS INCORPORATED EMPLOYMENT AGREEMENT This Employment Agreement (“Agreement”), effective as of December 1, 2023 (the “Effective Date”), is made by and between Nortech Systems Incorporated, a Minnesota corporation (the “Company”), and Andrew D.C. LaFrence (“Executive”), collectively referred to as the “Parties.” Recitals WHEREAS, the Company desires to employ Executive as C |
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| December 5, 2023 |
Nortech Systems Names Andrew LaFrence CFO and Senior Vice President of Finance Exhibit 99.1 Nortech Systems Names Andrew LaFrence CFO and Senior Vice President of Finance MINNEAPOLIS - Nortech Systems, Inc., (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products announced today Andrew LaFrence has been named CFO and Senior Vice President of Finance. “We are delighted to welcome Andy to the Norte |
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| November 14, 2023 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPORATED Commissio |
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| November 8, 2023 |
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): November 8, 2023 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) |
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| November 8, 2023 |
Exhibit 99.1 Nortech Systems Reports Third Quarter 2023 Results Year-to-Date Revenue Up Nearly 5% from Prior Year; Gross Margin Increased from Prior Quarter; Continued Strong Backlog Levels MINNEAPOLIS – November 8, 2023 - Nortech Systems Incorporated (Nasdaq: NSYS) (the "Company"), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical produ |
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| November 1, 2023 |
Nortech Welcomes Two New Board Members Exhibit 99.1 Nortech Welcomes Two New Board Members MINNEAPOLIS - Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products announced today two new members were elected to Nortech’s board of directors. Amy Fredregill and Jose Peris bring a wealth of experience and expertise to the Board, and |
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| November 1, 2023 |
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): October 27, 2023 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) |
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| August 9, 2023 |
Financial Statements and Exhibits, Results of Operations and Financial Condition 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): August 9, 2023 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) F |
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| August 9, 2023 |
Exhibit 99.1 Nortech Systems Reports Second Quarter 2023 Results Revenue Up Nearly 8% from Prior Year and Up 11% Year-to-Date MINNEAPOLIS – August 9, 2023 - Nortech Systems Incorporated (Nasdaq: NSYS) (the "Company"), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, industrial and defense markets, reported |
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| August 9, 2023 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPORATED Commission fil |
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| June 2, 2023 |
Nortech Systems Mourns the Loss of Board Member David Graff Exhibit 99.1 June 2, 2023 Nortech Systems Mourns the Loss of Board Member David Graff MINNEAPOLIS, MINNESOTA, USA – It is with great sadness that Nortech Systems Incorporated (Nasdaq: NSYS), announces the death of Board Member David Graff, who passed away on May 28th. “David was a trusted advisor whose guidance and expertise in financial and strategic matters will be deeply missed,” said Jay D. Mi |
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| June 2, 2023 |
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): June 2, 2023 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) Fil |
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| May 30, 2023 |
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): May 24, 2023 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) Fil |
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| May 17, 2023 |
As filed with the Securities and Exchange Commission on _______ As filed with the Securities and Exchange Commission on Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-8 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in its charter) Minnesota 41-1681094 (State or other jurisdiction of 7550 Meridian Circle N., Suite 150 Maple Grove, |
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| May 17, 2023 |
Filing Fee Table (filed herewith) EXHIBIT 107.1 Calculation of Filing Fee Tables Form S-8 (Form Type) NORTECH SYSTEMS INCORPORATED (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities Security Type Security Class Title Fee Calculation Rule Amount Registered(2) Proposed Maximum Offering Price Per Share(3) Maximum Aggregate Offering Price(4) Fee Rate Amount of Registration Fee(5) Equity Common |
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| May 17, 2023 |
Conflict Minerals Report as required by Items 1.01 and 1.02 of this Form. Exhibit 1.01 Conflict Minerals Report April 7, 2023 Nortech Systems, Inc. is a full-service electronics manufacturing (EMS) provider of wire and cable assemblies, printed circuit boards assemblies and higher-level complete box build assemblies for a wide range of industries. Metallic forms of tin, tantalum, tungsten, and gold ("Conflict Minerals") are present in some of the products, components, a |
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| May 17, 2023 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM SD Specialized Disclosure Report 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.) 7050 Meridian Circle N, Suite 150 Maple Grove, MN 55369 (Address of principa |
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| May 15, 2023 |
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): March 10, 2023 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) F |
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| May 10, 2023 |
Exhibit 99.1 Nortech Systems Reports First Quarter 2023 Results Revenue Up 13.6% from Prior Year; Gross Margin Expansion of 2.5 Percentage Points from the First Quarter 2022 MINNEAPOLIS – May 10, 2023 - Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, industrial |
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| May 10, 2023 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPORATED Commission fi |
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| May 10, 2023 |
Financial Statements and Exhibits, Results of Operations and Financial Condition 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): May 10, 2023 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) Fil |
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| April 3, 2023 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒ Defin |
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| April 3, 2023 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☐ Defin |
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| March 17, 2023 |
Financial Statements and Exhibits, Results of Operations and Financial Condition 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): March 16, 2023 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) F |
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| March 17, 2023 |
Subsidiaries of Nortech Systems Incorporated* Exhibit 21 Subsidiaries of Nortech Systems Incorporated The following are wholly owned subsidiaries of the Company as of December 31, 2022. Subsidiary Jurisdiction of Organization Manufacturing Assembly Solutions of Monterrey, Inc. Mexico Nortech Systems, Hong Kong Company, Limited Hong Kong Nortech Systems, Suzhou Company, Limited China |
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| March 17, 2023 |
Exhibit 99.1 Nortech Systems Announces 2022 Fourth Quarter and Full Year Results Fourth Quarter Revenue Up 6.5% from Prior Year; Gross Margin Improvement of 6.3 percentage points to 14.3% MINNEAPOLIS – March 16, 2023 - Nortech Systems Incorporated (Nasdaq: NSYS) (the "Company"), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products |
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| March 17, 2023 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2022 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to NORTECH SYSTEMS INCORPORATED (Exact name of registrant as |
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| March 10, 2023 |
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): March 6, 2023 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) Fi |
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| November 14, 2022 |
Nortech Systems Announces 2022 Third Quarter Results Record Revenue Up 20% from Prior Year Exhibit 99.1 Nortech Systems Announces 2022 Third Quarter Results Record Revenue Up 20% from Prior Year MINNEAPOLIS ? November 9, 2022 - Nortech Systems Incorporated (Nasdaq: NSYS) (the "Company"), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, industrial and defense markets, reported 2022 third quarter r |
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| November 14, 2022 |
Financial Statements and Exhibits, Results of Operations and Financial Condition 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): November 9, 2022 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) |
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| November 9, 2022 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ? QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ? TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPORATED Commissio |
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| November 9, 2022 |
Exhibit 105 EIGHTH AMENDMENT TO LOAN AND SECURITY AGREEMENT THIS EIGHTH AMENDMENT TO LOAN AND SECURITY AGREEMENT (this ?Amendment?) is made and entered into effective as of September 1, 2022, by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (?Borrower?), and BANK OF AMERICA, N. |
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| August 10, 2022 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ? QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ? TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPORATED Commission fil |
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| May 13, 2022 |
SD 1 nsys20220513bsd.htm FORM SD UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM SD Specialized Disclosure Report 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.) 7050 Meridian Circle N, Suite 150 Maple Gro |
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| May 13, 2022 |
Conflict Minerals Report as required by Items 1.01 and 1.02 of this Form. EX-1.01 2 ex375490.htm EXHIBIT 1.01 Exhibit 1.01 Conflict Minerals Report March 28, 2022 Nortech Systems, Inc. is a full-service electronics manufacturing (EMS) provider of wire and cable assemblies, printed circuit boards assemblies and higher-level complete box build assemblies for a wide range of industries. Metallic forms of tin, tantalum, tungsten, and gold ("Conflict Minerals") are present i |
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| May 13, 2022 |
Nortech Systems Announces New Board Member Exhibit 99.1 Nortech Systems Announces New Board Member Release: 5/12/2022 10:00:00 AM MINNEAPOLIS - Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, announced today David Graff was elected to the company's board of dir |
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| May 13, 2022 |
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): March 11, 2022 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) F |
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| May 11, 2022 |
Financial Statements and Exhibits, Results of Operations and Financial Condition 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): May 11, 2022 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) Fil |
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| May 11, 2022 |
Nortech Systems Announces 2022 First Quarter Results Exhibit 99.1 Nortech Systems Announces 2022 First Quarter Results MINNEAPOLIS - Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, defense and industrial markets, reported results for the first quarter ended March 31, 2022. 2022 First Quarter Highlights ? Revenue u |
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| May 10, 2022 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ? QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ? TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPORATED Commission fi |
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| April 1, 2022 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant ? Filed by a Party other than the Registrant ? Check the appropriate box: ? Preliminary Proxy Statement ? Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ? Defin |
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| April 1, 2022 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant ? Filed by a Party other than the Registrant ? Check the appropriate box: ? Preliminary Proxy Statement ? Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ? Defin |
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| March 17, 2022 |
Subsidiaries of Nortech Systems Incorporated* Exhibit 21 Subsidiaries of Nortech Systems Incorporated The following are wholly owned subsidiaries of the Company as of December 31, 2021. Subsidiary Jurisdiction of Organization Manufacturing Assembly Solutions of Monterrey, Inc. Mexico Nortech Systems, Hong Kong Company, Limited Hong Kong Nortech Systems, Suzhou Company, Limited China 1 |
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| March 17, 2022 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K ? Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2021 OR ? Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to NORTECH SYSTEMS INCORPORATED (Exact name of registrant as |
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| March 10, 2022 |
Entry into a Material Definitive Agreement, Financial Statements and Exhibits 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): March 10, 2022 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) F |
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| March 10, 2022 |
Exhibit 10.2 SEVENTH AMENDMENT TO LOAN AND SECURITY AGREEMENT THIS SEVENTH AMENDMENT TO LOAN AND SECURITY AGREEMENT (this ?Amendment?) is made and entered into effective as of March 4, 2022, by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (?Borrower?), and BANK OF AMERICA, N.A., a national banking association (together with its successors and assigns, the ?Lender?). RECITALS: |
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| March 2, 2022 |
Non-Qualified Stock Option Agreement between Nortech Systems Inc. and Jay D. Miller (furnished) Exhibit 10.2 NORTECH SYSTEMS INCORPORATED NON-QUALIFIED STOCK OPTION AGREEMENT This STOCK OPTION AGREEMENT is made and entered into as of the 27th day of February, 2022, between Nortech Systems Incorporated, a Minnesota corporation (the ?Company?) and Jay D. Miller (?Executive?). BACKGROUND Company desires to induce Executive to continue to serve the Company as Chief Executive Officer and Presiden |
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| March 2, 2022 |
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): March 1, 2022 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) Fi |
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| March 2, 2022 |
Exhibit 10.1 NORTECH SYSTEMS INCORPORATED EMPLOYMENT AGREEMENT This Employment Agreement (?Agreement?), effective as of February 27, 2022 (the ?Effective Date?), is made by and between Nortech Systems Incorporated, a Minnesota corporation (the ?Company?), and Jay D. Miller (?Executive?), collectively referred to as the ?parties.? Recitals WHEREAS, the Company currently employs Executive as Chief E |
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| January 5, 2022 |
News Release dated January 5, 2022 Exhibit 10.1 January 5, 2022 Nortech Systems Extends its Bank of America Credit Facility Until June 2026 MINNEAPOLIS, MINNESOTA, USA ? Nortech Systems Incorporated (Nasdaq: NSYS) (the ?Company?) today is announcing that on December 31, 2021, the Company executed a sixth amendment to its Bank of America (?BOA?) Loan and Security Agreement (?Credit Facility?). Nortech entered into the original agree |
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| January 5, 2022 |
Exhibit 10.2 SIXTH AMENDMENT TO LOAN AND SECURITY AGREEMENT THIS SIXTH AMENDMENT TO LOAN AND SECURITY AGREEMENT (this ?Amendment?) is made and entered into effective as of December 31, 2021, by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (?Borrower?), and BANK OF AMERICA, N.A., a national banking association (together with its successors and assigns, the ?Lender?). RECITALS: |
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| January 5, 2022 |
Entry into a Material Definitive Agreement, Financial Statements and Exhibits 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): January 5, 2022 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) |
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| November 30, 2021 |
Financial Statements and Exhibits, Other Events 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): November 30, 2021 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 |
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| November 30, 2021 |
Nortech Systems Announces $6.1 million PPP Loan Forgiveness Exhibit 99.1 November 30, 2021 Nortech Systems Announces $6.1 million PPP Loan Forgiveness MINNEAPOLIS, MINNESOTA, USA ? Nortech Systems Incorporated (Nasdaq: NSYS) (the ?Company?) is filing this Current Report on Form 8-K to provide an update related to the status of its Paycheck Protection Program (the ?PPP?) loan forgiveness application with the U.S. Small Business Administration (?SBA?). As pr |
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| November 12, 2021 |
Financial Statements and Exhibits, Results of Operations and Financial Condition 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): November 12, 2021 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 |
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| November 12, 2021 |
Nortech Systems Announces Third Quarter 2021 Results Exhibit 99.1 November 11, 2021 Nortech Systems Announces Third Quarter 2021 Results ? Revenue at $29.5 million in Fiscal Third Quarter of 2021; + 11.7% from Fiscal Third Quarter of 2020 ? Net Income $3.6 million for the Fiscal Third Quarter of 2021 including the Employee Retention Credit of $5.2 million ? Monthly Bookings Trends Remain Strong. Solid Backlog of $79 million, an increase of $33 milli |
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| November 10, 2021 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ? QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ? TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPORATED Commissio |
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| August 12, 2021 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ? QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ? TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPORATED Commission fil |
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| May 20, 2021 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM SD Specialized Disclosure Report NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) File Number) Identification No.) 7050 Meridian Circle N, Suite 150 Maple Grove, MN 55369 (Address of princip |
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| May 20, 2021 |
Conflict Minerals Report as required by Items 1.01 and 1.02 of this Form. Exhibit 1.01 Conflict Minerals Report for the year ended December 31, 2020 Nortech Systems, Inc. is a full-service electronics manufacturing (EMS) provider of wire and cable assemblies, printed circuit boards assemblies and higher-level complete box build assemblies for a wide range of industries. Metallic forms of tin, tantalum, tungsten, and gold ("Conflict Minerals") are present in some of the |
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| May 20, 2021 |
Financial Statements and Exhibits, Other Events 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): May 20, 2021 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) Fi |
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| May 20, 2021 |
Nortech Systems to Apply for the Employee Retention Credit (ERC) Exhibit 99.1 May 20, 2021 Nortech Systems to Apply for the Employee Retention Credit (ERC) MINNEAPOLIS, MINNESOTA, USA ? Nortech Systems Incorporated (Nasdaq: NSYS) (the ?Company?), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets today announced that it is applyin |
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| May 18, 2021 |
Nortech Systems Announces First Quarter 2021 Results Exhibit 99.1 May 13, 2021 Nortech Systems Announces First Quarter 2021 Results ? Revenue Declines (19.6%); GAAP Net Loss of ($1.6) million ? Adjusted EBITDA loss of ($1.5) million for Fiscal First Quarter of 2021 Compared to $1.0 million in Fiscal First Quarter 2020 ? Monthly Bookings Trends Improving. Solid 90-day Backlog of $63 million, Improved $14 million or +29% vs 12/31/20 ? Balance Sheet Re |
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| May 18, 2021 |
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): May 13, 2021 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) Fi |
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| May 14, 2021 |
Exhibit 10.1 FIFTH AMENDMENT TO LOAN AND SECURITY AGREEMENT THIS FIFTH AMENDMENT TO LOAN AND SECURITY AGREEMENT (this ?Amendment?) is made and entered into effective as of December 1st, 2020, by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (?Borrower?), and BANK OF AMERICA, N.A., a national banking association (together with its successors and assigns, the ?Lender?). RECITALS: |
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| May 14, 2021 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ? QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ? TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPORATED Commission fi |
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| April 1, 2021 |
DEFA14A 1 nsys20210401defa14a.htm FORM DEFA14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ☐ Confidential, for Use of the Commission |
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| April 1, 2021 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant ? Filed by a Party other than the Registrant ? Check the appropriate box: ? Preliminary Proxy Statement ? Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ? Defin |
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| March 23, 2021 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K ? Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2020 OR ? Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to NORTECH SYSTEMS INCORPORATED (Exact name of registrant as |
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| March 23, 2021 |
Financial Statements and Exhibits, Results of Operations and Financial Condition 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): March 23, 2021 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) |
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| March 23, 2021 |
Nortech Systems Announces 2020 Results Exhibit 99.1 March 23, 2021 Nortech Systems Announces 2020 Results ● Fiscal Year Revenue Declines 10.5%; GAAP Net Loss of ($1.5) million ● Adjusted EBITDA of $0.1 million for Fiscal Year 2020 Compared to $2.4 million in Fiscal Year 2019 ● Nortech Strengthens the Balance Sheet and Reduces Long Term Debt via Sale & Leaseback of Two Minnesota Plants ● The Company has Sufficient Liquidity with $8.1 mi |
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| March 23, 2021 |
Subsidiaries of Nortech Systems Incorporated* Exhibit 21 Subsidiaries of Nortech Systems Incorporated The following are wholly owned subsidiaries of the Company as of December 31, 2020. Subsidiary Jurisdiction of Organization Manufacturing Assembly Solutions of Monterrey, Inc. Mexico Nortech Systems, Hong Kong Company, Limited Hong Kong Nortech Systems, Suzhou Company, Limited China |
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| March 12, 2021 |
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): March 8, 2021 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) F |
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| December 11, 2020 |
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 10, 2020 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporatio |
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| November 12, 2020 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPORATED Commissio |
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| November 12, 2020 |
Third Quarter 2020 Earnings Release Exhibit 10.1 November 12, 2020 Nortech Systems Announces Third-Quarter 2020 Results MINNEAPOLIS, MINNESOTA, USA – Nortech Systems Incorporated (Nasdaq: NSYS) (the “Company”), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, reported net sales of $26.3 million for |
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| November 12, 2020 |
Exhibit 10.1 NORTECH SYSTEMS INCORPORATED FIRST AMENDMENT TO EMPLOYMENT AGREEMENT THIS AMENDMENT ("Amendment") dated effective as of this 11th, day of November, 2020 by and between Nortech Systems Incorporated, a Minnesota corporation (the “Company”), and Jay D. Miller (“Executive”). The Company and the Executive may be referred to herein as the “parties.” Recitals WHEREAS, the Company currently e |
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| November 12, 2020 |
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): November 11, 2020 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporatio |
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| November 6, 2020 |
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): November 2, 2020 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation |
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| November 6, 2020 |
Exhibit 10.1 NORTECH SYSTEMS INCORPORATED EMPLOYMENT AGREEMENT This Employment Agreement (“Agreement”), effective as of November 2, 2020 (the “Effective Date”), is made by and between Nortech Systems Incorporated, a Minnesota corporation (the “Company”), and Christopher D. Jones (“Executive”), collectively referred to as the “Parties.” Recitals WHEREAS, the Company desires to employ Executive as C |
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| September 1, 2020 |
Financial Statements and Exhibits - FORM 8-K 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): August 27, 2020 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) |
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| September 1, 2020 |
Exhibit 10.3 FOURTH AMENDMENT TO LOAN AND SECURITY AGREEMENT AND CONSENT THIS FOURTH AMENDMENT TO LOAN AND SECURITY AGREEMENT AND CONSENT (this “Amendment”) is made and entered into effective as of August , 2020, by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (“Borrower”), and BANK OF AMERICA, N.A., a national banking association (together with its successors and assigns, the |
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| September 1, 2020 |
Exhibit 10.2 LEASE AGREEMENT 1950 Excel Drive, Mankato, MN THIS LEASE AGREEMENT (this “Lease”) is made effective August 27, 2020 (the “Effective Date”), by and between Essjay Mankato Holdings, LLC, a Minnesota limited liability company (“Landlord”), whose address is c/o Essjay, Inc., 4110 40th Street S, Suite 104, Fargo, North Dakota 58104, Attn: Josh Benson, and NORTECH SYSTEMS INCORPORATED., a M |
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| September 1, 2020 |
Exhibit 10.1 LEASE AGREEMENT 4050 Norris Court NW, Bemidji, MN THIS LEASE AGREEMENT (this “Lease”) is made effective August 27, 2020 (the “Effective Date”), by and between Essjay Bemidji Holdings, LLC, a Minnesota limited liability company (“Landlord”), whose address is c/o Essjay, Inc., 4110 40th Street S, Suite 104, Fargo, North Dakota 58104, Attn: Josh Benson, and NORTECH SYSTEMS INCORPORATED., |
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| August 20, 2020 |
Nortech Systems Announces CFO Resignation & New CFO Search Exhibit 99.1 August 20, 2020 Nortech Systems Announces CFO Resignation & New CFO Search MINNEAPOLIS, MINNESOTA, USA – Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, has announced today that Connie Beck has tendered he |
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| August 20, 2020 |
Financial Statements and Exhibits 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): August 17, 2020 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) |
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| August 11, 2020 |
Second Quarter 2020 Earnings Release Exhibit 10.2 August 11, 2020 Nortech Systems Announces Second-Quarter 2020 Results, Sale-Leaseback and Plant Consolidation MINNEAPOLIS, MINNESOTA, USA – Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, reported nets sal |
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| August 11, 2020 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPORATED Commission fil |
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| August 11, 2020 |
Exhibit 10.1 PURCHASE AND SALE AGREEMENT 1950 Excel Drive, Mankato MN 4050 Norris Court NW, Bemidji MN THIS PURCHASE AND SALE AGREEMENT (“Agreement”), dated for reference purposes as of June 24, 2020 (the “Effective Date”), is entered into by and between NORTECH SYSTEMS, INC., a Minnesota corporation (“Seller”) and ESSJAY INVESTMENT COMPANY, LLC, a North Dakota limited liability company and/or its |
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| May 21, 2020 |
Conflict Minerals Report as required by Items 1.01 and 1.02 of this Form. Exhibit 1.01 Conflict Minerals Report for the year ended December 31, 2019 Nortech Systems, Inc. is a full-service electronics manufacturing (EMS) provider of wire and cable assemblies, printed circuit boards assemblies and higher-level complete box build assemblies for a wide range of industries. Metallic forms of tin, tantalum, tungsten, and gold ("Conflict Minerals") are present in some of the |
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| May 21, 2020 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM SD Specialized Disclosure Report NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) File Number) Identification No.) 7050 Meridian Circle N, Suite 150 Maple Grove, MN 55369 (Address of princip |
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| May 19, 2020 |
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): May 13, 2020 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) Fi |
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| May 19, 2020 |
Nortech Systems Reports First Quarter 2020 Results Exhibit 99.1 May 13, 2020 Nortech Systems Reports First Quarter 2020 Results MINNEAPOLIS – Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromechanical products serving the medical, industrial and aerospace and defense markets, reported net sales of $27.4 million for the three months ended March 31, 2020, a decrease of 3%, |
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| May 13, 2020 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPORATED Commission fi |
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| April 21, 2020 |
Promissory Note dated April 14, 2020, between the Company and Bank of America, N.A. (furnished) Exhibit 10.1 Promissory Note Date 04/14/2020 Loan Amount $6,077,039.00 Interest Rate after Deferment Period 1.00% fixed per annum Deferment Period 6 months This Promissory Note (“Note”) sets forth and confirms the terms and conditions of a term loan to Nortech Systems Incorporated (whether one or more than one, “Borrower”) from Bank of America, NA, a national banking association having an address |
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| April 21, 2020 |
Entry into a Material Definitive Agreement, Financial Statements and Exhibits 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): April 15, 2020 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) |
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| March 27, 2020 |
NSYS / Nortech Systems Inc. DEF 14A - - FORM DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒ Defin |
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| March 23, 2020 |
Financial Statements and Exhibits, Results of Operations and Financial Condition 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): March 19, 2020 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) |
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| March 23, 2020 |
Nortech Systems Reports 2019 Results Exhibit 99.1 March 19, 2020 Nortech Systems Reports 2019 Results MINNEAPOLIS – Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromechanical products serving the medical, industrial and aerospace and defense markets, reported net sales of $116.3 million for the year ended December 31, 2019, an increase of 3%, compared to $1 |
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| March 20, 2020 |
NSYS / Nortech Systems Inc. S-8 - - FORM S-8 As filed with the Securities and Exchange Commission on Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-8 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in its charter) Minnesota 41-1681094 (State or other jurisdiction of 7550 Meridian Circle N., Suite 150 (I.R.S. Emplo |
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| March 19, 2020 |
NSYS / Nortech Systems Inc. 10-K - Annual Report - FORM 10-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2019 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to NORTECH SYSTEMS INCORPORATED (Exact name of registrant as |
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| March 19, 2020 |
Subsidiaries of Nortech Systems Incorporated* Exhibit 21 Subsidiaries of Nortech Systems Incorporated The following are wholly owned subsidiaries of the Company as of December 31, 2019. Subsidiary Jurisdiction of Organization Manufacturing Assembly Solutions of Monterrey, Inc. Mexico Nortech Systems, Hong Kong Company, Limited Hong Kong Nortech Systems, Suzhou Company, Limited China |
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| March 19, 2020 |
Exhibit 10.21 FIRST AMENDMENT TO LEASE This FIRST AMENDMENT TO LEASE (this “Amendment”) is made and effective this 17th day of September, 2018 (“Effective Date”), by and between AR Meridian Circle Owner, LLC, a Delaware limited liability company (“Landlord”) and Nortech Systems, Inc., a Minnesota corporation (“Tenant”). RECITALS: WHEREAS, LSOP 3 MN 3, LLC, a Delaware limited liability company (the |
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| November 12, 2019 |
Exhibit 10.2 Execution Version THIRD AMENDMENT TO LOAN AND SECURITY AGREEMENT AND WAIVER THIS THIRD AMENDMENT TO LOAN AND SECURITY AGREEMENT AND WAIVER (this “Amendment”) is made and entered into effective as of November , 2019, by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (“Borrower”), and BANK OF AMERICA, N.A., a national banking association (the “Lender”). RECITALS: A. B |
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| November 12, 2019 |
NSYS / Nortech Systems Inc. 10-Q - Quarterly Report - FORM 10-Q Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCO |
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| September 18, 2019 |
Exhibit 10.1 NORTECH SYSTEMS INCORPORATED EMPLOYMENT AGREEMENT This Employment Agreement (“Agreement”), effective as of September 17, 2019 (the “Effective Date”), is made by and between Nortech Systems Incorporated, a Minnesota corporation (the “Company”), and Curtis J. Steichen (“Executive”), collectively referred to as the “Parties.” Recitals WHEREAS, the Company desires to continue the employme |
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| September 18, 2019 |
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): September 17, 2019 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporati |
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| September 11, 2019 |
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): September 9, 2019 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporatio |
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| September 11, 2019 |
Amendment to Employment agreement between Nortech Systems, Inc. and Constance Beck (furnished) Exhibit 10.3 AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT This Amendment No. 1 is made September 9, 2019 (the “Amendment”) to the Employment Agreement dated January 8, 2018 (the “Agreement”) by and between Nortech Systems Incorporated, a Minnesota corporation (the “Company”) and Constance Beck (“Executive,” and together with the Company, the “Parties”). WHEREAS, the Parties desire to amend the terms of |
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| September 11, 2019 |
Exhibit 10.2 NORTECH SYSTEMS INCORPORATED EMPLOYMENT AGREEMENT This Employment Agreement (“Agreement”), effective as of September 9, 2019 (the “Effective Date”), is made by and between Nortech Systems Incorporated, a Minnesota corporation (the “Company”), and John Lindeen (“Executive”), collectively referred to as the “Parties.” Recitals WHEREAS, the Company desires to continue the employment of E |
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| September 11, 2019 |
Employment Agreement between Nortech Systems Inc. and Heidi Grange (furnished) Exhibit 10.1 NORTECH SYSTEMS INCORPORATED EMPLOYMENT AGREEMENT This Employment Agreement (“Agreement”), effective as of September 9, 2019 (the “Effective Date”), is made by and between Nortech Systems Incorporated, a Minnesota corporation (the “Company”), and Heidi Grange (“Executive”), collectively referred to as the “Parties.” Recitals WHEREAS, the Company desires to employ Executive as Senior V |
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| August 22, 2019 |
Exhibit 99.1 AGREEMENT OF JOINT FILING Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby consent to the joint filing on their behalf of a single Schedule 13D and any amendments thereto, with respect to the beneficial ownership by each of the undersigned of shares of common stock, $0.01 par value, of Nortech Systems, a Minnesota corporation. |
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| August 22, 2019 |
NSYS / Nortech Systems Inc. / CURTIS SQUIRE, INC. - SCHEDULE 13D/A Activist Investment UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1)* NORTECH SYSTEMS INCORPORATED (Name of Issuer) Common Stock, $.01 par value (Title of Class of Securities) 656553 104 (CUSIP Number) Curtis Squire, Inc. 7777 Golden Triangle Dr., Suite 150 Eden Prairie MN 55344 Phone: (952) 918-4166 Name, Address and Tele |
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| August 14, 2019 |
NSYS / Nortech Systems Inc. 10-Q - Quarterly Report - FORM 10-Q Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPORA |
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| August 14, 2019 |
Exhibit 10.1 SECOND AMENDMENT TO LOAN AND SECURITY AGREEMENT AND WAIVER THIS SECOND AMENDMENT TO LOAN AND SECURITY AGREEMENT AND WAIVER (this “Amendment”) is made and entered into effective as of August 13, 2019, by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (“Borrower”), and BANK OF AMERICA, N.A., a national banking association (the “Lender”). RECITALS: A. Borrower and Lend |
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| May 29, 2019 |
Conflict Minerals Report May 29, 2019 Exhibit 1.01 Conflict Minerals Report May 29, 2019 Nortech is a full-service electronics manufacturing (EMS) provider of wire and cable assemblies, printed circuit boards assemblies and higher-level complete box build assemblies for a wide range of industries. Metallic forms of tin, tantalum, tungsten and gold (“Conflict Minerals”) are present in some of the products, components, and materials we |
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| May 29, 2019 |
NSYS / Nortech Systems Inc. SD - - SD UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM SD Specialized Disclosure Report NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) File Number) Identification No.) 7050 Meridian Circle N, Suite 150 Maple Grove, MN 55369 (Address of princip |
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| May 17, 2019 |
Nortech Systems Reports First Quarter Results Exhibit 99.1 Contact: Connie Beck, VP & CFO Nortech Systems Incorporated (952) 345-2244 or Warren Djerf Brookside Communications Group (952) 920-3908 or [email protected] May 15, 2019 Nortech Systems Reports First Quarter Results MINNEAPOLIS — Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of design and manufacturing solutions for complex electromechanical products, reported ne |
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| May 17, 2019 |
Financial Statements and Exhibits, Results of Operations and Financial Condition 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): May 17, 2019 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) Fi |
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| May 15, 2019 |
NSYS / Nortech Systems Inc. 10-Q Quarterly Report 10-Q Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2019 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPOR |
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| May 13, 2019 |
Submission of Matters to a Vote of Security Holders 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): May 10, 2019 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) Fi |
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| April 3, 2019 |
NSYS / Nortech Systems Inc. DEFA14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. 1) Filed by the Registrant x Filed by a Party other than the Registrant o Check the appropriate box: o Preliminary Proxy Statement o Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) o Defi |
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| April 2, 2019 |
Nortech Systems Reports 2018 Results Exhibit 99.1 Contact: Connie Beck, VP & CFO Nortech Systems Incorporated (952) 345-2244 or Warren Djerf Brookside Communications Group (952) 920-3908 or [email protected] April 1, 2019 Nortech Systems Reports 2018 Results MINNEAPOLIS — Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), reported net sales of $113.4 million fo |
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| April 2, 2019 |
Financial Statements and Exhibits, Results of Operations and Financial Condition 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): April 2, 2019 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) F |
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| April 1, 2019 |
NSYS / Nortech Systems Inc. DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant x Filed by a Party other than the Registrant o Check the appropriate box: o Preliminary Proxy Statement o Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) x Defin |
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| April 1, 2019 |
Bylaws (incorporated by reference to Exhibit 3.2 to Form 10-K filed on April 1, 2019) Exhibit 3.2 BYLAWS OF NORTECH SYSTEMS INCORPORATED, as amended through March 13, 2019 ARTICLE I OFFICES SECTION 1. PRINCIPAL EXECUTIVE OFFICE. The principal executive office of Nortech Systems Incorporated (the “Corporation”) shall be in the City of Maple Grove, County of Hennepin, Minnesota. SECTION 2. REGISTERED OFFICE. The location and address of the registered office of the Corporation is 7550 |
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| April 1, 2019 |
NSYS / Nortech Systems Inc. 10-K (Annual Report) Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K x Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2018 OR o Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to NORTECH SYSTEMS INCORPORATED (Exact name |
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| April 1, 2019 |
Subsidiaries of Nortech Systems Incorporated* Exhibit 21 Subsidiaries of Nortech Systems Incorporated The following are wholly owned subsidiaries of the Company as of December 31, 2018. Subsidiary Jurisdiction of Organization Manufacturing Assembly Solutions of Monterrey, Inc. Mexico Nortech Systems, Hong Kong Company, Limited Hong Kong Nortech Systems, Suzhou Company, Limited China 1 |
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| March 1, 2019 |
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): February 27, 2019 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporatio |
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| February 20, 2019 |
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): February 19, 2019 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporatio |
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| February 20, 2019 |
Exhibit 10.1 NORTECH SYSTEMS INCORPORATED EMPLOYMENT AGREEMENT This Employment Agreement (“Agreement”), effective as of February 27, 2019 (the “Effective Date”), is made by and between Nortech Systems Incorporated, a Minnesota corporation (the “Company”), and Jay D. Miller (“Executive”), collectively referred to as the “parties.” Recitals WHEREAS, the Company currently employs Executive as Interim |
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| December 21, 2018 |
Employment Agreement between Nortech Systems Inc. and Jay D. Miller (furnished) Exhibit 10.1 NORTECH SYSTEMS INCORPORATED EMPLOYMENT AGREEMENT This Employment Agreement (“Agreement”), effective as of January 1, 2019 (the “Effective Date”), is made by and between Nortech Systems Incorporated, a Minnesota corporation (the “Company”), and Jay D. Miller (“Executive”), collectively referred to as the “parties.” Recitals WHEREAS, the Company desires to employ Executive as Interim P |
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| December 21, 2018 |
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, 2018 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporatio |
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| December 21, 2018 |
Exhibit 10.2 AMENDMENT TO AMENDED AND RESTATED EMPLOYMENT AGREEMENT This amendment (“Amendment”) dated effective as of December 19, 2018 by and between Nortech Systems Incorporated, a Minnesota corporation (the “Company”) and Richard Wasielewski (the “Executive,” and together with the Company, the “Parties”). RECITALS WHEREAS, the Executive and the Company entered into the Amended and Restated Emp |
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| November 14, 2018 |
Financial Statements and Exhibits, Results of Operations and Financial Condition 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): November 14, 2018 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporatio |
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| November 14, 2018 |
Nortech Systems Reports Third Quarter Results Exhibit 99.1 Contact: Connie Beck Nortech Systems Incorporated (952) 345-2244 or Warren Djerf Brookside Communications Group 952-920-3908 / [email protected] Nov. 14, 2018 Nortech Systems Reports Third Quarter Results MINNEAPOLIS — Nortech Systems Inc. (NASDAQ: NSYS) today reported net sales of $29.6 million for the third quarter ended September 30, which includes $1.9 million of revenue recogn |
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| November 14, 2018 |
NSYS / Nortech Systems Inc. 10-Q (Quarterly Report) Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2018 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCO |
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| October 10, 2018 |
Exhibit 10.1 SEPARATION AND RELEASE OF CLAIMS AGREEMENT This Separation and Release of Claims Agreement (“Agreement”) is entered into by and between Nortech Systems Incorporated, a Minnesota Corporation, having its principal place of business at 7550 Meridian Circle N., Suite 150, Maple Grove, MN 55369 (the “Company) and Mohammed Mahmood (the “Executive,” and together with the Company, the “Partie |
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| October 10, 2018 |
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): October 5, 2018 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) |
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| August 16, 2018 |
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): August 15, 2018 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) |
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| August 16, 2018 |
Exhibit 99.1 Contact: Connie Beck Nortech Systems Incorporated (952) 345-2244 or Warren Djerf Brookside Communications Group 952-920-3908 / [email protected] August 15, 2018 Nortech Systems Reports Second Quarter Results Company Posts Sequential Gains in Revenue and Operating Profits MINNEAPOLIS — Nortech Systems Incorporated (NASDAQ: NSYS) today reported net sales of $28.5 million for the seco |
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| August 16, 2018 |
Exhibit 99.2 Contact: Connie Beck Nortech Systems Incorporated (952) 345-2244 or Warren Djerf Brookside Communications Group 952-920-3908 / [email protected] August 15, 2018 Nortech Systems’ CEO Rich Wasielewski Announces His Retirement Board of Directors to Conduct National Search for New CEO MINNEAPOLIS — Rich Wasielewski, president and CEO of Nortech Systems, Inc. (NASDAQ: NSYS), today annou |
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| August 14, 2018 |
NSYS / Nortech Systems Inc. 10-Q (Quarterly Report) Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2018 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPORA |
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| August 10, 2018 |
NSYS / Nortech Systems Inc. / Packer Kyle S. - SCHEDULE 13D AMENDMENT NO. 6 Activist Investment UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 6)* Nortech Systems Incorporated (Name of Issuer) Common Stock, $0.01 par value per share (Title of Class of Securities) 656553 104 (CUSIP Number) Kyle S. Packer 1482 Aqua Vista Drive Lawrenceburg, Indiana 47025 (513) 703-9311 (Name, Address and Telephone Nu |
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| August 10, 2018 |
GROUP TERMINATION AGREEMENT August 10, 2018 EXHIBIT 99.15 GROUP TERMINATION AGREEMENT August 10, 2018 Each of the undersigned is a party to that certain Schedule 13D, filed June 24, 2015, as amended by Amendment No. 1 filed on July 7, 2015, as further amended by Amendment No. 2 filed on July 30, 2015, as further amended by Amendment No. 3 filed on August 20, 2015, as further amended by Amendment No. 4 filed on June 17, 2016, and as further |
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| May 18, 2018 |
NSYS / Nortech Systems Inc. SD UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM SD Specialized Disclosure Report NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) File Number) Identification No.) 7050 Meridian Circle N, Suite 15 Maple Grove, MN 55369 (Address of principa |
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| May 18, 2018 |
Conflict Minerals Report May 9, 2018 Exhibit 1.01 Conflict Minerals Report May 9, 2018 Nortech is a full-service electronics manufacturing (EMS) provider of wire and cable assemblies, printed circuit boards assemblies and higher-level complete box build assemblies for a wide range of industries. Metallic forms of tin, tantalum, tungsten and gold (“Conflict Minerals”) are present in some of the products, components and materials we pu |
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| May 14, 2018 |
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): May 9, 2018 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) Fil |
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| May 14, 2018 |
Nortech Systems Reports First Quarter Results Exhibit 99 Contact: Connie Beck, VP & CFO Nortech Systems Incorporated (952) 345-2244 or Warren Djerf Brookside Communications Group (952) 920-3908 or warren@brookcomm. |
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| May 11, 2018 |
NSYS / Nortech Systems Inc. 10-Q (Quarterly Report) Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2018 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPOR |
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| April 19, 2018 |
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): April 16, 2018 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) |
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| March 29, 2018 |
NSYS / Nortech Systems Inc. DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant x Filed by a Party other than the Registrant o Check the appropriate box: o Preliminary Proxy Statement o Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) x Defin |
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| March 29, 2018 |
Nortech Systems Reports 2017 Results Exhibit 99 Contact: Connie Beck, VP & CFO Nortech Systems Incorporated (952) 345-2244 or Warren Djerf Brookside Communications Group (952) 920-3908 or warren@brookcomm. |
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| March 29, 2018 |
Financial Statements and Exhibits, Results of Operations and Financial Condition 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): March 27, 2018 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) |
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| March 27, 2018 |
NSYS / Nortech Systems Inc. S-8 As filed with the Securities and Exchange Commission on March 27, 2018 Registration No. |
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| March 27, 2018 |
Nortech Systems Incorporated 2017 Stock Incentive Plan EXHIBIT 4.1 NORTECH SYSTEMS INCORPORATED 2017 STOCK INCENTIVE PLAN Effective May 3, 2017 1. General. 1.1. Purpose. The purpose of the 2017 Stock Incentive Plan (the “Plan”) of Nortech Systems Incorporated (the “Company”) is to increase shareholder value and to advance the interests of the Company by furnishing a variety of economic incentives (“Incentives”) designed to attract, retain and motivate |
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| March 27, 2018 |
NSYS / Nortech Systems Inc. 10-K (Annual Report) Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K x Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2017 OR o Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to NORTECH SYSTEMS INCORPORATED (Exact name |
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| March 27, 2018 |
Subsidiaries of Nortech Systems Incorporated* Exhibit 21 Subsidiaries of Nortech Systems Incorporated The following are wholly owned subsidiaries of the Company as of December 31, 2017. Subsidiary Jurisdiction of Organization Manufacturing Assembly Solutions of Monterrey, Inc. Mexico Nortech Systems, Hong Kong Company, Limited Hong Kong Nortech Systems, Suzhou Company, Limited China 1 |
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| March 27, 2018 |
Exhibit 10.16 TENTH AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AND SECURITY AGREEMENT THIS TENTH AMENDMENT (the “Amendment”), dated effective as of January 12, 2017, is entered into by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (“Company”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Wells Fargo”), acting through its Wells Fargo Business Credit operating division. RECIT |
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| February 27, 2018 |
Nortech Systems Expanding Mexico Operations Exhibit 99.1 Contact: Warren Djerf Brookside Communications Group 952-920-3908 / [email protected] February 27, 2018 Nortech Systems Expanding Mexico Operations MINNEAPOLIS — Nortech Systems (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), has signed a lease for a new facility to be built in Monterrey, Mexico, approximately five miles from the company |
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| February 27, 2018 |
Exhibit 10.2 CONSULTING AGREEMENT This Consulting Agreement (the “Agreement”) is made effective as of February 22, 2018 (the “Effective Date”), by and between Nortech Systems Incorporated, a Minnesota corporation, and/or its designated affiliate(s) (the “Company”), with offices located at 7550 Meridian Cir N #150, Maple Grove, MN 5536, and Crosscourt Group, LLC (“Consultant”), having an address of |
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| February 27, 2018 |
Exhibit 10.1 COVER PAGE OF THE LEASE AGREEMENT (THE “COVER PAGE”) / CARÁTULA DEL CONTRATO DE ARRENDAMIENTO (LA “CARÁTULA”) Página 1 de 55 I. LESSEE´S INFORMATION / INFORMACIÓN DEL ARRENDATARIO Corporate Name/ Razón Social: Manufacturing & Assembly Solutions of Monterrey, S. de R.L. de C.V. Date of Incorporation / Fecha de Constitución May 15th, 2001 / 15 de mayo de 2001 Incorporation Charter Infor |
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| February 27, 2018 |
Entry into a Material Definitive Agreement, Financial Statements and Exhibits 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): February 21, 2018 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporatio |
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| January 12, 2018 |
Exhibit 10.1 NORTECH SYSTEMS INCORPORATED EMPLOYMENT AGREEMENT This Employment Agreement (?Agreement?), effective as of January 8, 2018 (the ?Effective Date?), is made by and between Nortech Systems Incorporated, a Minnesota corporation (the ?Company?), and Constance Beck (?Executive?), collectively referred to as the ?parties.? Recitals WHEREAS, the Company desires to employ Executive as Chief Fi |
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| January 12, 2018 |
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): January 8, 2018 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) |
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| January 8, 2018 |
Nortech Systems Names Connie Beck Chief Financial Officer Exhibit 99.1 Contact: Warren Djerf Brookside Communications Group 952-920-3908 / [email protected] January 8, 2018 Nortech Systems Names Connie Beck Chief Financial Officer MINNEAPOLIS ? Nortech Systems (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), has named Connie Beck as vice president and chief financial officer. Along with directing all financi |
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| January 8, 2018 |
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 29, 2017 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporatio |
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| January 8, 2018 |
Exhibit 10.2 FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENT THIS FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENT (this ?Amendment?) is made and entered into effective as of December 29, 2017, by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (?Borrower?), and BANK OF AMERICA, N.A., a national banking association (the ?Lender?). RECITALS: A. Borrower and Lender are parties to a ce |
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| November 8, 2017 |
Nortech Systems Reports Third Quarter Results Exhibit 99 Contact: Paula Graff Nortech Systems Incorporated (952) 345-2244 or Warren Djerf Brookside Communications Group 952-920-3908 / warren@brookcomm. |
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| November 8, 2017 |
Financial Statements and Exhibits, Results of Operations and Financial Condition 8-K 1 a17-2624218k.htm 8-K 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): November 8, 2017 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IR |
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| November 8, 2017 |
NSYS / Nortech Systems Inc. 10-Q (Quarterly Report) Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2017 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCO |
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| August 10, 2017 |
Financial Statements and Exhibits, Results of Operations and Financial Condition 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): August 9, 2017 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) |
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| August 10, 2017 |
Nortech Systems Reports Second Quarter Results Exhibit 99 Contact: Paula Graff Nortech Systems Incorporated (952) 345-2244 or Warren Djerf Brookside Communications Group 952-920-3908 / warren@brookcomm. |
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| August 9, 2017 |
NSYS / Nortech Systems Inc. 10-Q (Quarterly Report) Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2017 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPORA |
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| June 21, 2017 |
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): June 15, 2017 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) F |
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| June 21, 2017 |
Exhibit 10.1 LOAN AND SECURITY AGREEMENT Dated as of June 15, 2017 NORTECH SYSTEMS INCORPORATED, as Borrower BANK OF AMERICA, N.A., as Lender Table of Contents Page SECTION 1. DEFINITIONS; RULES OF CONSTRUCTION 1 1.1 Definitions 1 1.2 Accounting Terms 15 1.3 Uniform Commercial Code 16 1.4 Certain Matters of Construction 16 SECTION 2. CREDIT FACILITIES 16 2.1 Revolver Commitment 16 2.2 Term Loan Co |
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| June 21, 2017 |
Exhibit 99.1 Contact: Paula Graff Nortech Systems Incorporated (952) 345-2244 or Warren Djerf Brookside Communications Group (952) 920-3908 or [email protected] June 15, 2017 Nortech Systems and Bank of America Merrill Lynch Announce New Commercial Banking Agreement; Supports Corporate Initiatives and Growth Strategies MINNEAPOLIS ? Nortech Systems Incorporated (Nasdaq: NSYS), a leading provide |
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| May 31, 2017 |
Conflict Minerals Report May 19, 2017 Exhibit 1.01 Conflict Minerals Report May 19, 2017 Nortech is a full-service electronics manufacturing (EMS) provider of wire and cable assemblies, printed circuit boards assemblies and higher-level complete box build assemblies for a wide range of industries. Metallic forms of tin, tantalum, tungsten and gold (Conflict Minerals) are present in some of the products, components and materials we pur |
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| May 31, 2017 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM SD Specialized Disclosure Report NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) File Number) Identification No.) 7050 Meridian Circle N, Suite 15 Maple Grove, MN 55369 (Address of principa |
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| May 19, 2017 |
Exhibit 10.1 EXECUTION COPY NORTECH SYSTEMS INCORPORATED AMENDED AND RESTATED EMPLOYMENT AGREEMENT This Amended and Restated Employment Agreement (?Agreement?), effective as of May 15, 2017 (the ?Effective Date?), is made by and between Nortech Systems Incorporated, a Minnesota corporation (the ?Company?); and Richard Wasielewski (?Executive?). Recitals WHEREAS, the Company and Executive are parti |
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| May 19, 2017 |
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): May 15, 2017 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) Fi |
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| May 19, 2017 |
Exhibit 10.2 EXECUTION COPY NORTECH SYSTEMS INCORPORATED EMPLOYMENT AGREEMENT This Agreement (?Agreement?), effective as of May 15, 2017 (the ?Effective Date?), is made by and between Nortech Systems Incorporated, a Minnesota corporation (the ?Company?) and Matt Mahmood (?Executive?). Recitals WHEREAS, the Company desires to employ Executive as Chief Operating Officer, and Executive desires to acc |
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| May 17, 2017 |
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): May 15, 2017 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) Fi |
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| May 17, 2017 |
Nortech Systems Appoints Chief Operating Officer Exhibit 99.1 Contact: Paula Graff Nortech Systems Incorporated (952) 345-2244 or Warren Djerf Brookside Communications Group (952) 920-3908 or [email protected] May 17, 2017 Nortech Systems Appoints Chief Operating Officer MINNEAPOLIS ? Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), today announced that its board of dire |
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| May 11, 2017 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2017 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPOR |
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| May 9, 2017 |
Submission of Matters to a Vote of Security Holders 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): May 3, 2017 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) Fil |
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| March 22, 2017 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant x Filed by a Party other than the Registrant o Check the appropriate box: o Preliminary Proxy Statement o Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) x Defin |
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| March 20, 2017 |
Financial Statements and Exhibits, Changes in Registrant's Certifying Accountant 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): March 16, 2017 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporation) |
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| March 20, 2017 |
Exhibit 16.1 RSM US LLP 801 Nicollet Mall West Tower, Suite 1100 Minneapolis, MN 55402 March 20, 2017 T +1 612 332 4300 F +1 612 376 9876 www.rsmus.com Securities and Exchange Commission Washington, D.C. 20549 Commissioners: We have read Nortech Systems Incorporated?s statements included under item 4.01 of its Form 8-K filed on March 20, 2017 and we agree with such statements concerning our firm. |
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| March 8, 2017 |
TENTH AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AND SECURITY AGREEMENT Exhibit 10.16 TENTH AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AND SECURITY AGREEMENT THIS TENTH AMENDMENT (the ?Amendment?), dated effective as of January 12, 2017, is entered into by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (?Company?), and WELLS FARGO BANK, NATIONAL ASSOCIATION (?Wells Fargo?), acting through its Wells Fargo Business Credit operating division. RECIT |
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| March 8, 2017 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K (Mark One) x Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2016 OR o Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to NORTECH SYSTEMS INCORPORATED |
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| March 8, 2017 |
EXHIBIT 21 Subsidiaries of Nortech Systems, Inc. The following are wholly owned subsidiaries of the Company as of December 31, 2016. Subsidiary Jurisdiction of Organization Manufacturing Assembly Solutions of Monterrey, Inc. Mexico Nortech Systems, Hong Kong Company, Limited Hong Kong Nortech Systems, Suzhou Company, Limited China |
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| November 28, 2016 |
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): November 23, 2016 NORTECH SYSTEMS INCORPORATED (Exact name of registrant as specified in charter) Minnesota 0-13257 41-16810894 (State or other jurisdiction (Commission IRS Employer of incorporatio |
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| November 2, 2016 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2016 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCO |
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| November 2, 2016 |
Exhibit 10.1 NINTH AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AND SECURITY AGREEMENT THIS NINTH AMENDMENT (the “Amendment”), dated effective as of September 29, 2016, is entered into by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (“Company”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Wells Fargo”), acting through its Wells Fargo Business Credit operating division. RECI |
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| August 3, 2016 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2016 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to NORTECH SYSTEMS INCORPORA |
