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): December 16, 2014
ASTROTECH CORPORATION
(Exact name of Registrant as Specified in its Charter)
Washington
(State or other Jurisdiction of Incorporation or Organization)
| 001-34426 | 91-1273737 |
| (Commission File Number) | (IRS Employer Identification No.) |
| 401 Congress Ave. Suite 1650, | |
| Austin, Texas | 78701 |
| (Address of principal executive offices) | (Zip code) |
Registrant’s telephone number, including area code: (512) 485-9530
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 8.01 Other Events
On December 16, 2014, Astrotech Corporation (“Astrotech”) announced that its Board of Directors has approved a share repurchase program authorizing the company to repurchase up to $5.0 million of the company’s common stock through December 31, 2015.
Repurchases under the share repurchase program may be made from time to time through open market transactions, privately negotiated transactions or otherwise, as determined by the company depending on market conditions and business needs. The share repurchase program does not obligate the Company to purchase any particular amount of common shares and it may be suspended, discontinued or modified at any time at the Company’s discretion and without prior notice.
Astrotech had approximately 19,697,627 shares of common stock outstanding as of November 7, 2014.
ITEM 9.01 Financial Statements and Exhibits
(d) Exhibits
| Exhibit No. | Description | |
| 99.1 | Press release announcing the share repurchase program, issued by Astrotech Corporation on December 16, 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.
| ASTROTECH CORPORATION | ||
| (Registrant) | ||
|
Date: December 16, 2014 |
By: | /s/ Thomas B. Pickens III |
| Thomas B. Pickens III | ||
| Chairman of the Board and | ||
| Chief Executive Officer | ||
EXHIBIT INDEX
| Exhibit No. | Description | |
| 99.1 | Press release announcing the share repurchase program, issued by Astrotech Corporation on December 16, 2014 |