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 29, 2019                     

 

Technical Communications Corporation

 

(Exact name of registrant as specified in its charter)

 

Massachusetts 001-34816 04-2295040
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)

 

 

100 Domino Drive, Concord, MA 01742
(Address of principal executive offices) (Zip Code)

 

 

Registrant’s telephone number, including area code                 (978) 287-5100                                          

 

Not Applicable

 

(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 TCCO NASDAQ Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). 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 1.01Entry into a Material Definitive Agreement

 

On August 29, 2019, Technical Communications Corporation entered into an agreement with its Chairman and Chief Executive Officer, Carl H. Guild, Jr., whereby the Company borrowed $300,000 from Mr. Guild pursuant to a Demand Promissory Note. The note will accrue interest at the rate per annum of two percent (2.0%) and is payable on demand.

 

Item 9.01Financial Statements and Exhibits.

 

       

 a.Financial statements of businesses acquired. Not applicable.
b.Pro forma financial information. Not applicable.
c.Shell company transactions. Not applicable.
d.Exhibits. None

 

 

SIGNATURE

 

 

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.

 

Technical Communications Corporation
    
Dated: August 30, 2019By: /s/ Carl H. Guild, Jr.                             
   Carl H. Guild, Jr.
   President and Chief Executive Officer