# EDGAR Filing Document

**Accession Number:** 0000002186
**File Stem:** 0001654954-23-000082
**Filing Date:** 2023-1
**Character Count:** 12334
**Document Hash:** a54544007b06088ac1ec7a63d6c7e706
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001654954-23-000082.hdr.sgml**: 20230104

**ACCESSION NUMBER**: 0001654954-23-000082

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 16

**CONFORMED PERIOD OF REPORT**: 20230104

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230104

**DATE AS OF CHANGE**: 20230104

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BK Technologies Corp
- **CENTRAL INDEX KEY:** 0000002186
- **STANDARD INDUSTRIAL CLASSIFICATION:** RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663]
- **IRS NUMBER:** 593486297
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-32644
- **FILM NUMBER:** 23504450

**BUSINESS ADDRESS:**
- **STREET 1:** 7100 TECHNOLOGY DRIVE
- **CITY:** WEST MELBOURNE
- **STATE:** FL
- **ZIP:** 32904
- **BUSINESS PHONE:** 321-984-1414

**MAIL ADDRESS:**
- **STREET 1:** 7100 TECHNOLOGY DRIVE
- **CITY:** WEST MELBOURNE
- **STATE:** FL
- **ZIP:** 32904

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BK Technologies, Inc.
- **DATE OF NAME CHANGE:** 20180604

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RELM WIRELESS CORP
- **DATE OF NAME CHANGE:** 19980129

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ADAGE INC
- **DATE OF NAME CHANGE:** 19920703

?xml version="1.0" encoding="utf-8"?bkti_8k.htm

**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): **January 4, 2023**

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| |
|:---|
| **BK Technologies Corporation** |
| (Exact name of registrant as specified in its charter)  |

---

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| | | |
|:---|:---|:---|
| **Nevada**  | **001-32644**  | **83-4064262**  |
| (State or other jurisdiction of  | (Commission  | (IRS Employer  |
| incorporation or organization)  | File No.)  | Identification Number)  |

---

---

| | |
|:---|:---|
| **7100 Technology Drive, West Melbourne, FL**  | **32904**  |
| (Address of principal executive offices)  | (Zip Code)  |

---

**<u>(321) 984-1414</u>**

(Registrant's telephone number including area code)

**<u>N/A</u>**<br>

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ 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:

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| | | |
|:---|:---|:---|
| **Title of Each Class** | **Trading Symbol(s)** | **Name of Each Exchange** <br>**on Which Registered** |
| Common Stock, par value $0.60 per share | BKTI | 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. ☐

**Item 2.02 Results of Operations and Financial Condition.**

On January 4, 2023, BK Technologies Corporation (the "Company") announced radio deliveries for the fourth quarter and full year ended December 31, 2022, in the press release furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.

The information contained in Item 2.02 to this Current Report on Form 8-K, including the exhibit, is being "furnished" and, as such, shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

**Item 9.01. Financial Statements and Exhibits.**

(d) Exhibits.

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| | |
|:---|:---|
| Exhibit<br>No. | Description |
| [99.1](bkti_ex991.htm) | [Press Release, dated January 4, 2023, issued by the Company.](bkti_ex991.htm) |

---

**SIGNATURES** 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | BK TECHNOLOGIES CORPORATION  | BK TECHNOLOGIES CORPORATION  |
| Date: January 4, 2023 | By:  | */s/ Scott A. Malmanger* |
|  |  | Scott A. Malmanger |
|  |  | Chief Financial Officer |

---

## Exhibit 99.1

**EXHIBIT 99.1**

![](bkti_ex991img1.jpg)

**BK Technologies Closes Out Year With Over 11,200 Radios Delivered in the Fourth** 

**Quarter 2022; Brings Year End Delivery Total to Over 25,000 Radios** 

**WEST MELBOURNE, FL January 4, 2023** / BK Technologies Corporation (NYSE American: BKTI) (the "Company" or "BK Technologies") today announced that it has delivered approximately 11,200 radios in the fourth quarter of 2022. The Company delivered a total of approximately 25,200 radios in 2022, up from 22,500 radios delivered for full year 2021.

John Suzuki, CEO of BK Technologies, commented, "We are pleased to close the year out having exceeded our delivery target for the fourth quarter of 2022, representing both increased demand for our radios, an improved supply chain and increased production capacity at our state-of-the art facilities. We continue to target delivering at least 32,000 radios to customers in the coming year, and we look forward to providing a full business update when we report our fourth quarter and year end 2022 results in March."

Kyle Cerminara, Chairman of BK Technologies stated, "The BKR 5000 has proven to be in high demand with both new and existing customers. We are encouraged by the increased shipments in the fourth quarter to fulfill 2022's record orders. With many of the supply chain issues behind us and increased manufacturing capacity, we look forward to continuing to fulfill demand as we move through 2023. We are also looking forward to finally having the BKR 9000 in our suite of products."

**About BK Technologies**

BK Technologies Corporation manufactures high-specification, American-made communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies. BK Technologies SaaS business focuses on new, innovative public safety smartphone services that will make the first responders safer or more productive. BK Technologies is honored to serve these heroes when every moment counts. The Company's common stock trades on the NYSE American market under the symbol "BKTI". Maintaining its headquarters and primary manufacturing facility in West Melbourne, Florida, BK Technologies can be contacted through its web site at **www.bktechnologies.com** or directly at 1-800-821-2900.

***Forward-Looking Statements***

*This press release contains certain forward-looking statements that are made pursuant to the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements concern the Company's operations, economic performance, and financial condition, including, but not limited to, statements regarding the expected timing for the launch of the BKR 9000 and the Company's long-term strategic plan, and are based largely on the Company's beliefs and expectations. These statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of the Company, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such factors and risks, some of which have been, and may further be, exacerbated by the COVID-19 pandemic and geopolitical events, include, among others, the following: changes or advances in technology; the success of our land mobile radio product line; disruption in the global supply chain creating delays, unavailability and adverse conditions; successful introduction of new products and technologies, including our ability to successfully develop and sell our anticipated new multiband product and other related products in the planned new BKR Series product line and our announced SaaS solutions; competition in the land mobile radio industry; general economic and business conditions, including higher inflation and its impacts, federal, state and local government budget deficits and spending limitations, any impact from a prolonged shutdown of the U.S. Government, the ongoing effects of the COVID-19 pandemic and the ongoing war in Ukraine, including the imposition of additional sanctions and export controls, as well as the broader impacts to financial markets and the global macroeconomic and geopolitical environments; the availability, terms and deployment of capital; reliance on contract manufacturers and suppliers; risks associated with fixed-price contracts; heavy reliance on sales to agencies of the U.S. Government and our ability to comply with the requirements of contracts, laws and regulations related to such sales; allocations by government agencies among multiple approved suppliers under existing agreements; our ability to comply with U.S. tax laws and utilize deferred tax assets; our ability to attract and retain executive officers, skilled workers and key personnel; our ability to manage our growth; our ability to identify potential candidates for, and to consummate, acquisition, disposition or investment transactions, and risks incumbent to being a noncontrolling interest stockholder in a corporation; impact of the COVID-19 pandemic or the ongoing war in Ukraine on the companies in which the Company holds investments; impact of our capital allocation strategy; risks related to maintaining our brand and reputation; impact of government regulation; impact of rising health care costs; our business with manufacturers located in other countries, including changes in the U.S. Government and foreign governments' trade and tariff policies, as well as any further impact resulting from the COVID-19 pandemic or the ongoing war in Ukraine; our inventory and debt levels; protection of our intellectual property rights; fluctuation in our operating results and stock price; acts of war or terrorism, natural disasters and other catastrophic events, such as severe weather events, the COVID-19 pandemic and geopolitical events; any infringement claims; data security breaches, cyber-attacks and other factors impacting our technology systems; availability of adequate insurance coverage; maintenance of our NYSE American listing; risks related to being a holding company; and the effect on our stock price and ability to raise equity capital of future sales of shares of our common stock. Certain of these factors and risks, as well as other risks and uncertainties, are stated in more detail in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2021, and in the Company's subsequent filings with the SEC. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statement.*

**Company Contact:**

IMS Investor Relations

John Nesbett/Jennifer Belodeau

bktechnologies@imsinvestorrelations.com

(203) 972-9200

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