UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Item 1.01 Entry into a Material Definitive Agreement
On November 22, 2024, Nortech Systems Incorporated (the “Company”) completed an amendment to the lease on its Milaca, Minnesota facility to extend the term to June 30, 2030. The lease amendment also includes an option to renew the lease for an additional 5-year period.
Item 9.01 Financial Statements and Exhibits
|
10.1 |
2024 Amendment to Lease Agreement for Milaca facility between the Company and Pakonen-Kolb, LLC |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: November 27, 2024
| Nortech Systems Incorporated | |
| (Registrant) | |
| /s/ Andrew D. C. LaFrence | |
Andrew D. C. LaFrence |
|
| Chief Financial Officer and SVP Finance |