FREQUENCY ELECTRONICS, INC. (NASDAQ:FEIM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 18, 2017, Frequency Electronics, Inc., a Delaware corporation (the “Company”), filed a Form 8-K announcing the resignation of Ryan J. Levenson from the Company’s Board of Directors and its audit committee. Mr. Levenson resigned from the Company’s Board of Directors as a result of disagreements with the Company regarding certain operational decisions and corporate governance practices.
The purpose of this amendment is to disclose the letter, dated September 20, 2017, which the Company received from Mr. Levenson. The letter is attached here as Exhibit 17.3. The Company hereby advises that it cannot agree with the substance of such letter.
Item 9.01.Financial Statements and Exhibits.
(d) Exhibits
FREQUENCY ELECTRONICS INC ExhibitEX-17.3 2 ex17-3.htm EX-17.3 Exhibit 17.3 VIA EMAIL and Overnight Delivery Frequency Electronics,…To view the full exhibit click here
About FREQUENCY ELECTRONICS, INC. (NASDAQ:FEIM)
Frequency Electronics, Inc. (FEI) is principally engaged in the design, development and manufacture of precision time and frequency control products and components for microwave integrated circuit applications. The Company operates in three segments: FEI-NY, Gillam-FEI and FEI-Zyfer. The FEI-NY segment also includes the operations of the Company’s subsidiaries, Frequency Electronics, Inc. Asia (FEI-Asia) and FEI-Elcom Tech, Inc. (FEI-Elcom). It operates through several facilities located across the world, which is used for manufacturing its products and for administrative activities, which includes Long Island, New York; Garden Grove, California; Liege, Belgium; Tianjin, China, and Rockleigh, New Jersey. The Company’s services are employed in commercial, government, command, control, communication, computer, intelligence, security and reconnaissance (C4ISR) and other military electronic systems. Its technology is used for a range of terrestrial and space applications.
