Date of Report (Date of earliest event reported): September 20, 2022
Cemtrex Inc.
(Exact name of registrant as specified in its charter)
Delaware
001-37464
30-0399914
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
276 Greenpoint Ave Bld. 8 Suite 208
Brooklyn, NY
11222
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code: (631)756-9116
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 (17CFR 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))
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. ☐
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading symbol
Name of each exchange on which registered
Common Stock
CETX
NasdaqCapital Market
Series 1 Preferred Stock
CETXP
NasdaqCapital Market
CURRENT REPORT ON FORM 8-K
Cemtrex, Inc.
Item 3.02 Unregistered Sales of Equity Securities
On September 16, 2022, Cemtrex, Inc. The Board of Directors of Cemtrex, Inc. passed a resolution that the company will pay its dividend on Series 1 Preferred Stock in additional shares of Series 1 Preferred Stock. to be issued on October 7, 2022, to the holders of record on close of business on September 30,2022. The holders of the Series 1 Preferred Stock are entitled to receive dividends at the rate of 10% annually, based on the $10.00 per share Preference Amount, payable semiannually.
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.
CEMTREX, INC.
Date: September 20, 2022
By:
/s/ Saagar Govil
Saagar Govil
Chairman, President and Chief Executive Officer
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Cemtrex Inc. published this content on 20 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 September 2022 20:39:09 UTC.
Cemtrex, Inc. is an advanced security technology and industrial services company. The Company's segments include Security and Industrial Services. The Security segment operates under the Vicon Industries brand, which provides end-to-end security solutions to corporate, industrial, and governmental security. Vicon's products include browser-based video monitoring systems and analytics-based recognition systems, cameras, servers, and access control systems for security and surveillance. Vicon provides mission-critical security and video surveillance solutions utilizing artificial intelligence (AI) based data algorithms. The Industrial Services segment operates under the brand, Advanced Industrial Services (AIS), that offers services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly to diversified customers. The Company also operates as a service contractor and steel fabricator that specializes in industrial and water treatment markets.