PARK ELECTROCHEMICAL CORP. (NYSE:PKE) Files An 8-K Entry into a Material Definitive Agreement

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PARK ELECTROCHEMICAL CORP. (NYSE:PKE) Files An 8-K Entry into a Material Definitive Agreement

PARK ELECTROCHEMICAL CORP. (NYSE:PKE) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01Entry into a Material Definitive Agreement.

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Certain exhibits and schedules to this agreement have been omitted in accordance with Item 601(b)(2)of Regulation S-K. A copy of any omitted exhibits and schedules will be furnished to the Securities and Exchange Commission upon request.

Forward Looking Statements

Certain portions of this Current Report on Form 8-K include forward-looking statements, which can be identified by words such as “will”, “may”, “could”, “expect”, “anticipate”, “believes”, “intends”, “should”, “plans”, “estimates”, “approximate”, “guidance” and similar expressions that predict or indicate future events and trends and that do not report historical matters. Forward-looking statements in this Current Report on Form 8-K include, but are not limited to, Park’s expectations regarding: the closing of the anticipated sale of its Electronics Business and the timing thereof; expected benefits of the sale; developments and business strategies and growth opportunities; and the financial and operational performance and competitive position of Park, as well as the objectives of management, following the closing of the anticipated sale. Forward-looking statements are qualified by important risks and uncertainties, many of which are beyond Park’s control, and assumptions that could cause actual results to differ materially from those forecasted or indicated by such forward-looking statements and include, but are not limited to: the ability of the parties to consummate the sale on the terms set forth in the Purchase Agreement in a timely manner or at all; the ability to obtain governmental approvals or such regulatory approvals may result in the imposition of conditions that could cause the parties to abandon the transaction; potential litigation relating to the proposed transaction that could be instituted against Park, the Buyer or their respective directors; the occurrence of any event, change or other circumstances that could give rise to the termination of the Purchase Agreement; the potential benefits of the acquisition to Park’s Electronics Business and its customers, suppliers and employees will not be realized; potential disruption of management’s attention from Park’s Aerospace Business due to the sale and the transition services required thereafter; general conditions in the electronics and aerospace industries; legislative, regulatory and economic developments; Park’s competitive position; the effect of the announcement and completion of the sale on the ability of Park to maintain relationships with third parties, including its employees, customers and suppliers; failure to complete the proposed sale could negatively impact the market price of Park’s common stock and the future business and financial results of Park; and the various factors set forth under the caption “Factors That May Affect Future Results” in Item 1 and in Item 1A “Risk Factors” of Park’s Annual Report on Form 10-K for the fiscal year ended February 25, 2018 and in subsequent reports of Park filed with or furnished to the Securities and Exchange Commission. Except as may be required by any applicable laws, Park assumes no obligation to update such forward-looking statements, which are made as of the date hereof or the earlier date specified herein, whether as a result of new information, future developments or otherwise. All subsequent written and oral forward-looking statements concerning the sale or other matters attributable to Park or any other person acting on its behalf are expressly qualified in their entirety by the cautionary statements referenced above.


PARK ELECTROCHEMICAL CORP Exhibit
EX-2.1 2 ex_118753.htm EXHIBIT 2.1 ex_118753.htm Exhibit 2.1           STOCK PURCHASE AGREEMENT   dated as of July 25,…
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About PARK ELECTROCHEMICAL CORP. (NYSE:PKE)

Park Electrochemical Corp. is a global advanced materials company. The Company develops, manufactures, markets and sells digital and radio frequency (RF)/microwave printed circuit materials products principally for the telecommunications and Internet infrastructure and high-end computing markets and advanced composite materials, parts and assemblies and low-volume tooling products for the aerospace markets. The Company operates through integrated business units in Asia, Europe and North America. The Company’s manufacturing facilities are located in Singapore, France, Kansas, Arizona and California. The Company also maintains research and development facilities in Arizona, Kansas and Singapore. The Company’s foreign operations are conducted principally by the Company’s subsidiaries in Singapore and France.