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

ME Staff 8-k
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IKONICS CORPORATION (NASDAQ:IKNX) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.

On August3, 2017,IKONICS Corporation (the “Company”) reported its financial results for the quarter ended June30, 2017. See the Company’s press release dated August3, 2017, which is furnished as Exhibit99 hereto and incorporated by reference in this Item 2.02.

Item 8.01. Other Events.

On August3, 2017, the Company announced that its Board of Directors approved a new share repurchase authorization for an additional 100,000 shares of the Company’s common stock. This share repurchase authorization replaces all prior authorizations. Repurchases may be completed from time to time in the open market or in privately negotiated transactions, subject to applicable laws and regulations. This authorization does not have an expiration date. See the Company’s press release dated August3, 2017, which is furnished as Exhibit99 hereto.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibit.

99 Press Release dated August3, 2017


IKONICS CORP Exhibit
EX-99 2 a17-18902_1ex99.htm EX-99 Exhibit 99   4832 Grand Avenue Duluth,…
To view the full exhibit click here

About IKONICS CORPORATION (NASDAQ:IKNX)

IKONICS Corporation is engaged in the development and manufacturing of photochemical imaging systems for sale primarily to a range of printers and decorators of surfaces. The Company has five operating segments: Domestic, Export, IKONICS Imaging, Digital Texturing (DTX) and Advanced Material Solutions (AMS). Domestic segment sells screen printing film, emulsions, and inkjet receptive film to distributors located in the United States and Canada. IKONICS Imaging segment sells photo resistant film, art supplies, glass, metal medium and related abrasive etching equipment. AMS segment provides sound deadening technology to the aerospace industry along with products and services for etched composites, ceramics, glass and silicon wafers. DTX segment includes products and customers related to inkjet technology used for mold texturing and prototyping. Export segment sells primarily the same products as Domestic and the IKONICS Imaging products not related to AMS or DTX.