Attached files
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| EX-99.1 - PRESS RELEASE - DYNATRONICS CORP | dynt_ex991.htm |
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): May 14, 2020
__________________________________________
Dynatronics Corporation
(Exact
name of registrant as specified in its charter)
__________________________________________
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Utah
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0-12697
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87-0398434
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(State
or Other Jurisdiction of Incorporation)
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Commission
File Number
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(IRS
Employer Identification Number)
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1200 Trapp Rd, Eagan, Minnesota
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55121
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(Address
of principal executive offices)
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(Zip
Code)
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(801) 568-7000
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(Registrant's
telephone number, including area code)
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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 14(d)-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
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Trading Symbol(s)
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Name of each exchange on which registered
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Common
stock, no par value
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DYNT
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The
NASDAQ Capital Market
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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 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of
1934 (§240.12b-2 of this chapter).
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 2.02 Results of Operations and Financial
Condition
On May 14, 2020, Dynatronics Corporation (the “Company”
or “we”) issued a press release reporting financial
results relating to the quarter ended March 31, 2020 and held a
conference call in which management discussed the results of
operations with investors and analysts. We had previously announced
on April 2, 2020, that we were withdrawing our prior financial
guidance and that we would not provide financial guidance at this
time for future periods, due to uncertainties resulting from the
COVID-19 pandemic. A copy of the press release is furnished
herewith as Exhibit 99.1. A recording of the conference call with
management is available as indicated in the press
release.
The
information under this Item 2.02 and in Exhibit 99.1 is being
furnished and is not being filed for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the “Exchange
Act”) and is not to be incorporated by reference into any
filing of the registrant under the Securities Act of 1933, as
amended, or the Exchange Act, whether made before or after the date
hereof, regardless of any general incorporation language in any
such filing.
Item 7.01. Regulation FD Disclosure.
The
information provided in Item 2.02 is incorporated herein by
reference.
The
information set forth under this Item 7.01 and in the attached
Exhibit 99.1 is deemed to be “furnished” and shall not
be deemed to be “filed” for purposes of Section 18 of
the Exchange Act, and is not incorporated by reference into any
filing of the Company, whether made before or after the date
hereof, regardless of any general incorporation language in such
filing.
Caution Concerning Forward-Looking Statements
This
Form 8-K contains information that includes or is based on
forward-looking statements within the meaning of the federal
securities laws that are subject to various risks and uncertainties
that could cause our actual results to differ materially from those
expressed or implied in such statements. Such statements include,
but are not limited to, those regarding our financial performance
and the impact of the novel coronavirus COVID-19
(“COVID-19”) outbreak on our operations and financial
results and are subject to, among other risks, the COVID-19
pandemic and any related policies and actions by governments or
other third parties.
Additional
information concerning these and other factors is contained in our
filings with the U.S. Securities and Exchange Commission, including
our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q
that we have filed or will file hereafter. We disclaim any
intention or obligation to publicly update or revise any
forward-looking statement to reflect any change in our expectations
or in events, conditions or circumstances on which those
expectations may be based, or that affect the likelihood that
actual results will differ from those contained in the
forward-looking statements.
Item
9.01 Financial Statements and Exhibits
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Exhibit Number
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Description
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Earnings
Announcement for period ended March 31, 2020
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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.
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DYNATRONICS
CORPORATION
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Date: May 14,
2020
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By:
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/s/
Brian
Baker
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Name:
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Brian
Baker
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Title:
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Chief Executive
Officer
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