Item 9.01 Financial Statements and Exhibits.
(b) Pro Forma Financial Information.
On August 2, 2021, Communications Systems, Inc. ("CSI" or the "Company") filed a
Current Report on Form 8-K dated August 1, 2021 reporting that on August 2, 2021
CSI and Lantronix, Inc. ("Lantronix") completed the sale by CSI to Lantronix of
all of the issued and outstanding stock of CSI's wholly owned subsidiary,
Transition Networks, Inc., and the entire issued share capital of its wholly
owned subsidiary, Transition Networks Europe Limited, pursuant to the securities
purchase agreement dated April 28, 2021 ("E&S Sale Transaction").
The Company is filing this Amendment No. 1 to Current Report on Form 8-K/A to
file the unaudited pro forma condensed consolidated financial information
related to E&S Sale Transaction required by Item 2.01 and Item 9.01(b) of Form
8-K.
Attached hereto as Exhibit 99.1 is the following pro forma financial
information: (i) description of pro forma presentation; (ii) unaudited pro forma
condensed consolidated balance sheet as of March 31, 2021; (iii) unaudited pro
forma condensed consolidated statement of operations for the three months ended
March 31, 2021 and March 31, 2020 and for the years ended December 31, 2020 and
2019; and (iv) notes to unaudited pro forma condensed consolidated financial
statements.
(d) Exhibits.
Exhibit No. Description of Exhibit
99.1 Communications Systems, Inc. Unaudited Pro Forma Condensed
Consolidated Financial Information.
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