Form 8-K GIGA TRONICS INC For: Apr 15

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): April 15, 2016

 

GIGA-TRONICS INCORPORATED
(Exact name of registrant as specified in its charter)
California				0-12719		94-2656341
(State or other jurisdiction of incorporation)				Commission File No.		(IRS Employer Identification Number)

	4650 Norris Canyon Road, San Ramon, CA 94583
	(Address of principal executive offices, including zip code)
	(925) 328-4650
	(Registrant’s telephone number, including area code)

 

 

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))

 

 

Item 2.02 Results of Operations and Financial Condition.

 

On April 15, 2016 Giga-tronics Incorporated announced a $4.5 million order for its High Performance YIG Tuned Filter products. A copy of the press release is attached as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.	Description
(d) Exhibit 99.1	Press Release dated April 15, 2016

 

 

 

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.

 

	GIGA-TRONICS INCORPORATED
Date: April 18, 2016
	By: /s/ Steven D. Lance
	Steven D. Lance
	Vice President of Finance, Chief Financial Officer

 

Exhibit 99.1

 

NEWS RELEASE

For Release on April 15, 2016	Contact: Steven D. Lance
4:06 PM (ET)	Vice President of Finance/Chief Financial Officer
	[email protected]
	(925) 302-1056

 

Giga-tronics Receives $4.5 Million Order for High Performance YIG Tuned Filter Products

 

 

SAN RAMON, Calif. — April 15, 2015 -- Giga-tronics Incorporated (Nasdaq: GIGA) announced today that it has received a $4.5 million order extending ongoing production of its high performance YIG filters for a major aerospace company. The Company will start shipments this month, and expects the order will take 9 to 12 months to fulfill. John Regazzi, President and CEO of Giga-tronics, said “We are pleased to see a 50% increase over the $3.0 million order we received last year associated with this program, demonstrating our customer’s continued confidence in Giga-tronics to deliver this sole sourced product on time, while meeting their high standards for quality and reliability.”

 

      Giga-tronics is a publicly held company, traded on the NASDAQ Capital Market under the symbol "GIGA".  Giga-tronics produces instruments, subsystems and sophisticated microwave components that have broad applications in defense electronics, aeronautics and wireless telecommunications.

 

This press release contains forward-looking statements concerning operating results, future orders, and sales of new products, shippable backlog within a year, long term growth, shipments, product line sales, and customer acceptance of new products. Actual results may differ significantly due to risks and uncertainties, such as: delays in customer orders for the new Advanced Signal Generation System and our ability to manufacture it; receipt or timing of future orders, cancellations or deferrals of existing or future orders; our need for additional financing; the volatility in the market price of our common stock; and general market conditions.  For further discussion, see Giga-tronics' most recent annual report on Form 10-K for the fiscal year ended March 28, 2015 Part I, under the heading "Risk Factors" and Part II, under the heading "Management's Discussion and Analysis of Financial Condition and Results of Operations".

 

 

 

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