# EDGAR Filing Document

**Accession Number:** 0000010329
**File Stem:** 0001437749-23-000927
**Filing Date:** 2023-1
**Character Count:** 6248
**Document Hash:** 05cd5f8ad66d81ebf48d0e73a52ac85b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001437749-23-000927.hdr.sgml**: 20230112

**ACCESSION NUMBER**: 0001437749-23-000927

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20230112

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230112

**DATE AS OF CHANGE**: 20230112

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BASSETT FURNITURE INDUSTRIES INC
- **CENTRAL INDEX KEY:** 0000010329
- **STANDARD INDUSTRIAL CLASSIFICATION:** WOOD HOUSEHOLD FURNITURE, (NO UPHOLSTERED) [2511]
- **IRS NUMBER:** 540135270
- **STATE OF INCORPORATION:** VA
- **FISCAL YEAR END:** 1126

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-00209
- **FILM NUMBER:** 23525077

**BUSINESS ADDRESS:**
- **STREET 1:** PO BOX 626
- **CITY:** BASSETT
- **STATE:** VA
- **ZIP:** 24055
- **BUSINESS PHONE:** 5406296209

**MAIL ADDRESS:**
- **STREET 1:** MAIN ST
- **STREET 2:** P O BOX 626
- **CITY:** BASSETT
- **STATE:** VA
- **ZIP:** 24055

bset20230111_8k.htm

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**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**WASHINGTON, D.C. 20549**

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**FORM **8-K**

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**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 12, 2023**

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**BASSETT FURNITURE INDUSTRIES, INCORPORATED**

**(Exact name of registrant as specified in its charter)**

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| | | |
|:---|:---|:---|
| **Virginia** | **000-00209** | **54-0135270** |
| **(State or other jurisdiction of**<br> **incorporation or organization)** | **(Commission File No.)** | **(I.R.S. Employer**<br> **Identification No.)** |

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| | |
|:---|:---|
| **3525 Fairystone Park Highway**<br> **Bassett, **Virginia** | **24055** |
| **(Address of principal executive offices)** | **(Zip Code)** |

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**Registrant**'**s telephone number, including area code (**276**) **629-6000**

**(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 | Name of exchange on which registered |
| Common Stock ($5.00 par value) | BSET | NASDAQ |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

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. ☐

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| | |
|:---|:---|
| **Item 8.01**  | **Other Events** |

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On January 12, 2023, Bassett Furniture Industries issued a news release relating to the declaration of a quarterly dividend of $0.16 per share of common stock payable on February 24, 2023, to shareholders of record at the close of business on February 10, 2023. A copy of the news release is attached to the report as Exhibit 99.

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| | |
|:---|:---|
| **Item 9.01.** | **Financial Statements and Exhibits.** |

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(d) Exhibits

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| | |
|:---|:---|
| 99 | [News release issued by Bassett Furniture Industries, Inc. on January 12, 2023.](ex_463351.htm) |

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|:---|:---|
| 104 | Cover Page Interactive Data File (embedded within the inline XBRL document) |

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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.

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| | | |
|:---|:---|:---|
| January 12, 2023 | By:  | /s/ J. Michael Daniel |
|  | J. Michael Daniel | J. Michael Daniel |
|  | Title: | Senior Vice President – Chief Financial & Administrative Officer |

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## Ex-99

Exhibit 99

![ex_463351img001.jpg](ex_463351img001.jpg)

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| | |
|:---|:---|
| Bassett Furniture Industries, Inc. | **J. Michael Daniel, Senior Vice** |
| P.O. Box 626 | **President and Chief Financial** |
| Bassett, VA 24055 | **Officer** |
|  | (276) 629-6614 - Investors |
|  | **Peter D. Morrison, Vice President of** |
|  | **Communications** |
| For Immediate Release | (276) 629-6387 – Media |

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**Bassett Furniture News Release**

Bassett Regular Quarterly Dividend

(Bassett, Va.) – January 12, 2023– Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a regular quarterly dividend of $0.16 per share of common stock, payable on February 24, 2023, to shareholders of record at the close of business on February 10, 2023.

<u>About Bassett Furniture Industries, Inc.</u>

Bassett Furniture Industries, Inc. (NASDAQ:BSET), is a leading manufacturer and marketer of high quality home furnishings. With 91 company- and licensee-owned stores at the time of this release, Bassett has leveraged its strong brand name in furniture into a network of corporate and licensed stores that focus on providing consumers with a friendly environment for buying furniture and accessories. Bassett's retail strategy includes stylish, custom-built furniture that features the latest on-trend furniture styles, free in-home design visits, and coordinated decorating accessories. Bassett also has a traditional wholesale business with more than 700 accounts on the open market, across the United States. For more information, visit the Company's website at bassettfurniture.com. (BSET-E)

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