PIONEER POWER SOLUTIONS, INC. (NASDAQ:PPSI) Files An 8-K Other Events
Item 8.01
On September 5, 2019, the board of directors of Pioneer Power Solutions, Inc. (the “Company”) declared a special cash dividend of $1.37 per share of the Company’s common stock, payable on October 7, 2019 to stockholders of record as of the close of business on September 16, 2019.
On September 6, 2019, the Company issued a press release announcing the dividend, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
(d) Exhibits
The following exhibit is being furnished as part of this Current Report on Form 8-K.
| 99.1 | Press Release issued by Pioneer Power Solutions, Inc. on September 6, 2019. |
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PIONEER POWER SOLUTIONS, INC. Exhibit
EX-99.1 2 ex99-1.htm PRESS RELEASE PIONEER POWER SOLUTIONS,…
To view the full exhibit click here
About PIONEER POWER SOLUTIONS, INC. (NASDAQ:PPSI)
Pioneer Power Solutions, Inc. manufactures, sells and services a range of specialty electrical transmission, distribution and on-site power generation equipment for applications in the utility, industrial, commercial and backup power markets. The Company operates through two segments: Transmission & Distribution Solutions (T&D Solutions) and Critical Power Solutions (Critical Power). The T&D Solutions segment consists of two primary product categories: electrical transformers and switchgear. These solutions are marketed principally through its Pioneer Transformers Ltd., Jefferson Electric, Inc. and Pioneer CEP brand names. Its Critical Power business provides customers with power generation equipment, paralleling switchgear, related electrical distribution infrastructure, and a data collection and monitoring platform. These solutions are marketed by its operations in Minneapolis, doing business under the Pioneer Critical Power Inc. and Titan Energy Systems Inc. brand names.
