false
0001902314
0001902314
2025-10-20
2025-10-20
0001902314
mpti:CommonStockCustomMember
2025-10-20
2025-10-20
0001902314
mpti:WarrantsToPurchaseSharesOfCommonStockExpiringOnOrBeforeApril252028CustomMember
2025-10-20
2025-10-20
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): October 23, 2025 (October 20, 2025)
|
M-tron Industries, Inc.
|
|
(Exact Name of Registrant as Specified in Charter)
|
|
Delaware
|
001-41391
|
46-0457994
|
|
(State or Other Jurisdiction of Incorporation)
|
(Commission File Number)
|
(IRS Employer Identification No.)
|
|
2525 Shader Road, Orlando, FL
|
32804
|
|
(Address of Principal Executive Offices)
|
(Zip Code)
|
Registrant’s Telephone Number, Including Area Code: (407) 298-2000
| |
|
(Former Name or Former Address, If Changed Since Last Report)
|
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
|
Title of each class
|
|
Trading Symbol(s)
|
|
Name of each exchange on which registered
|
|
Common Stock, par value $0.01
|
|
MPTI
|
|
NYSE American
|
| Warrants to Purchase Shares of Common Stock, Expiring on or before April 25, 2028 |
|
MPTI WS |
|
NYSE American |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☑
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
On October 23, 2025, M-tron Industries, Inc. (the "Company") issued a press release announcing that the warrants to purchase shares of the Company's common stock, par value $0.01 per share (the "Common Stock"), granted on April 25, 2025 (the "Warrants") are now exercisable.
Pursuant to the terms of that certain Warrant Agreement, dated April 25, 2025 (the "Warrant Agreement"), by and among the Company, Computershare Inc. ("Computershare"), and Computershare Trust Company, N.A. (together with Computershare, the "Warrant Agent"), the Warrants are exercisable at the earlier of (i) thirty (30) days prior to April 25, 2028 and (ii) such date that the average volume weighted average price ("VWAP") of the Common Stock is greater than or equal to $52.00 per share for the prior thirty (30) consecutive trading day period (such date, the "Trigger"); provided, however, that should the Trigger occur, the Warrants must be exercised within thirty (30) days of the Company's notification pursuant to the Warrant Agreement that the Trigger has occurred (the "Trigger Expiration Date"), unless extended in the Company's discretion.
The Trigger was achieved on October 20, 2025. The Company has elected to extend the warrant exercise period to 5:00 p.m. on Thursday December 11, 2025 (the "Modified Trigger Expiration Date"). The Warrants shall cease to be exercisable and shall terminate and become void, and all rights thereunder and under the Warrant Agreement shall cease, at the close of business on the Modified Trigger Expiration Date.
Additionally, Warrant holders who exercise their Warrants in full are also entitled to an over-subscription privilege, whereby such Warrant holder may also choose to subscribe for any or all of the shares issuable pursuant to any unexercised Warrants on the terms and subject to the conditions set forth in the Warrant Agreement.
All exercise notices and payments (including with respect to any exercise of a Warrant holder's over-subscription privilege) must be received by the Warrant Agent no later than the Modified Trigger Expiration Date. Holders in street name should contact their broker, bank, or other intermediary for information on how to exercise their Warrants (including pursuant to any exercise of the over-subscription privilege).
A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference to this Item 8.01.
|
Item 9.01.
|
Financial Statements and Exhibits
|
(d) Exhibits
|
Exhibit No.
|
Description
|
| |
|
| 4.1 |
Warrant Agreement, dated April 25, 2025, by and among M-tron Industries, Inc., Computershare Inc. ("Computershare"), and Computershare Trust Company, N.A. (filed as Exhibit 4.1 to the Company's Quarterly Report on Form 10-Q, filed with the SEC on May 13, 2025). |
| |
|
|
99.1
|
Press Release of M-tron Industries, Inc. dated October 23, 2025.
|
| |
|
|
104
|
Cover Page Interactive Data File (embedded within the Inline XBRL document).
|
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| |
M-TRON INDUSTRIES, INC.
|
| |
(Registrant) |
| |
|
| Date: October 23, 2025 |
By:
|
/s/ Cameron Pforr
|
| |
|
Name:
|
Cameron Pforr
|
| |
|
Title:
|
Interim Chief Executive Officer
|
EX-99.1
2
ex_870418.htm
PRESS RELEASE
ex_870418.htm
Exhibit 99.1

M-tron Industries, Inc. Announces Achievement of Trigger; Warrants Now Exercisable
ORLANDO, Florida (October 23, 2025) — M-tron Industries, Inc. (NYSE American: MPTI) ("Mtron" or the "Company") is pleased to announce that the warrants to purchase shares of Mtron's common stock, par value $0.01 per share (the "Common Stock"), granted on April 25, 2025 (the "Warrants") are now exercisable. Furthermore, the Board of Directors has elected to extend the exercise period through Thursday December 11, 2025.
Pursuant to the Warrant Agreement:
| |
•
|
Five (5) Warrants required to purchase one (1) share of Common Stock;
|
| |
•
|
Common Stock can be purchased at an exercise price of $47.50 per share;
|
| |
•
|
Over-subscription privilege available to Warrant holders who exercise their Warrants in full, whereby such Warrant holder subscribes for any or all of the shares issuable pursuant to any unexercised Warrants on the terms and subject to the conditions set forth in the Warrant Agreement; and
|
| |
•
|
No fractional shares will be issued.
|
The Warrants are exercisable now because the average volume weighted average price ("VWAP") of our Common Stock exceeded $52.00 per share for the prior thirty (30) consecutive trading day period (the "Trigger"). The Trigger was achieved on October 20, 2025.
All exercise notices and payments (including with respect to any exercise of a Warrant holder's over-subscription privilege) must be received by Computershare Trust Company, N.A. no later than 5:00 p.m. on Thursday December 11, 2025. Holders in street name should contact their broker, bank, or other intermediary for information on how to exercise warrants (including pursuant to any exercise of the oversubscription privilege).
For further details, Warrant holders are encouraged to review the Warrant Agreement, the FAQ on our website at ir.mtron.com/financials/2025-Warrants/2025-Warrant-FAQ, or contact ir@mtron.com. The information contained on, or that can be accessed through, our website is not part of this press release or any filing with the Securities and Exchange Commission; we have included this website address solely as an inactive textual reference.
About Mtron
M-tron Industries, Inc. (NYSE American: MPTI) designs, manufactures, and markets highly engineered, high reliability frequency and spectrum control products and solutions. As an engineering-centric company, Mtron provides close support to its customers throughout our products' entire life cycle, including product design, prototyping, production, and subsequent product upgrades. Mtron has design and manufacturing facilities in Orlando, Florida, and Yankton, South Dakota, a sales office in Hong Kong, and a manufacturing facility in Noida, India. For more information, visit www.mtron.com.
Cautionary Note Concerning Forward Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, such as those pertaining to the Company’s financial condition, results of operations, business strategy and financial needs. All statements other than statements of current or historical fact contained in this press release are forward-looking statements. The words "believe," "expect," "anticipate," "should," "plan," "will," "may," "could," "intend," "estimate," "predict," "potential," "continue" or the negative of these terms and similar expressions, as they relate to Mtron, are intended to identify forward-looking statements.
These forward-looking statements are largely based on current expectations and projections about future events and financial trends that may affect the financial condition, results of operations, business strategy and financial needs of the Company. They can be affected by inaccurate assumptions, including the risks, uncertainties and assumptions described in the filings made by Mtron with the Securities and Exchange Commission, including those risks set forth under the heading "Risk Factors" in the Company’s Annual Report on Form 10-K as filed with the SEC on March 27, 2025. In light of these risks, uncertainties and assumptions, the forward-looking statements in this press release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. When you consider these forward-looking statements, you should keep in mind these risk factors and other cautionary statements in this press release.
These forward-looking statements speak only as of the date of this press release. Mtron undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
###
Contact:
M-tron Industries, Inc. Investor Relations
ir@mtron.com
Cameron Pforr
Interim Chief Executive Officer