AROTECH CORPORATION (NASDAQ:ARTX) Files An 8-K Results of Operations and Financial Condition

AROTECH CORPORATION (NASDAQ:ARTX) Files An 8-K Results of Operations and Financial Condition

Story continues below

Item 2.02

Results of Operations and Financial Condition.
On May 8, 2017, Arotech Corporation (the Registrant) publicly
disseminated an earnings release (the Release) announcing its
financial results for the quarter ended March 31, 2017. A copy of
the Release is attached as Exhibit 99.1 hereto.
The information included in the attached Exhibit 99.1 is being
furnished to Item 2.02 of Form 8-K, insofar as it discloses
historical information regarding the Registrants results of
operations and financial condition as of and for the quarter
ended March 31, 2017. In accordance with General Instructions B.2
of Form 8-K, the information in this Current Report on Form 8-K,
including Exhibit 99.1, shall not be deemed filed for the
purposes of Section 18 of the Securities Exchange Act of 1934, as
amended, or otherwise subject to the liability of that section,
nor shall it be deemed incorporated by reference in any filing
under the Securities Act of 1933, as amended, except as shall be
expressly set forth by specific reference in such a filing.
Item 5.02
Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
Effective as of the Annual Meeting of Stockholders of the
Registrant held on May 8, 2017, Mr. Richard I. Rudy and Ms. Carol
J. Battershell completed their terms of office as directors and
ceased to act as directors of the Registrant. The decision of Mr.
Rudy and Ms. Battershell not to stand for re-election as
directors was not related to any disagreement with the
Registrant, known to an executive officer of the registrant, on
any matter relating to the Registrants operations, policies or
Item 5.07
Submission of Matters to a Vote of Security Holders.
On May 8, 2017, at the Annual Meeting of Stockholders of the
Registrant, the stockholders of the Registrant voted on the
following proposals with the following results:
Election of Directors.
Votes For
Votes Withheld
Lawrence F. Hagenbuch
(Directors whose terms of office continued after the
meeting were Jon B. Kutler, Michael E. Marrus, Kenneth W.
Cappell, and James J. Quinn)
Ratifying the appointment of BDO USA, LLP as the Companys
independent accountants for the fiscal year ending
December 31, 2017.
Votes For
Votes Against
550,844 171,681
Adopting the 2017 Non-Employee Director Equity
Compensation Plan.
Votes For
Votes Against
8,817,645 290,007 1,087,643
Item 9.01
Financial Statements and Exhibits.
As described above, the following Exhibits are furnished as part
of this Current Report on Form 8-K:
Exhibit Number
Press release dated May 8, 2017


Arotech Corporation is a defense and security products and services company, engaged in providing interactive simulation for military, law enforcement and commercial markets, and batteries and charging systems for the military, commercial and medical markets. The Company operates through two segments: Training and Simulation Division, and Power Systems Division. The Company’s Training and Simulation Division develops, manufactures and markets multimedia and interactive digital solutions for engineering, use-of-force training and operator training of military, law enforcement, security, emergency services and other personnel. The Company’s Power Systems Division provides battery solutions, energy management and power distribution technologies and product design and manufacturing services for the aerospace, defense, law enforcement, homeland security markets, and it manufactures and sells rechargeable batteries for defense and security products and medical and industrial applications.


AROTECH CORPORATION (NASDAQ:ARTX) closed its last trading session up +0.05 at 3.30 with 323,917 shares trading hands.

An ad to help with our costs