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EX-99.1 - EX-99.1 - VIDEO DISPLAY CORPd703689dex991.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): April 2, 2014

 

 

VIDEO DISPLAY CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

Georgia   0-13394   58-1217564
(State of incorporation)  

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

1868 Tucker Industrial Road

Tucker, Georgia

  30084
(Address of principal executive offices)   (Zip code)

Registrant’s telephone number, including area code: (770) 938-2080

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))

 

 

 


Item 7.01 Regulation FD Disclosure.

On April 2, 2014, Video Display Corporation (the “Company”) issued a press release announcing the consummation of a Stock Purchase Agreement dated March 26, 2014 (“SPA”) between the Company and Citidal Partners, LLC, a Michigan Limited Liability Company (“Citidal”), for the sale of the Company’s wholly-owned subsidiary, Lexel Imaging Systems, Inc. (“Lexel”) to Citidal. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits.

 

Exhibit
No.
   Description of Exhibit
99.1    Press Release dated April 2, 2014.


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.

 

Date: April 2, 2014     VIDEO DISPLAY CORPORATION
      By:  

/s/ Ronald D. Ordway

        Ronald D. Ordway
        Chief Executive Officer


Exhibit Index

 

Exhibit
No.
   Description of Exhibit
99.1    Press Release dated April 2, 2014.