SCHMITT INDUSTRIES, INC. (NASDAQ:SMIT) Files An 8-K Regulation FD DisclosureItem 7.01 Regulation FD Disclosure.
On November27, 2017, Schmitt Industries, Inc. (the “Company”) issued a press release entitled “Schmitt Industries, Inc. Announces Effectiveness and Terms for Rights Offering to Shareholders.” A copy of the press release is attached as Exhibit 99.1 to this report and the information contained therein is incorporated by reference into this report.
The information furnished to this Current Report on Form 8-K, including the exhibits hereto, shall not be considered “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into future filings by the Company under the Securities Act of 1933, as amended, or under the Exchange Act, unless the Company expressly sets forth in such future filing that such information is to be considered “filed” or incorporated by reference therein
Item 7.01 Financial Statements and Exhibits.
(d) Exhibits
SCHMITT INDUSTRIES INC ExhibitEX-99.1 2 d464006dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 IMMEDIATE NEWS RELEASE Schmitt Industries,…To view the full exhibit click here
About SCHMITT INDUSTRIES, INC. (NASDAQ:SMIT)
Schmitt Industries, Inc. designs, manufactures and sells test and measurement products for two main business segments: the Balancer segment and the Measurement segment. The Company operates through two segments: the design and assembly of dynamic balancing systems and components for the machine tool industry (Balancer), and the design and assembly of laser-based test and measurement systems (Measurement). For the Balancer segment, it designs, manufactures and sells computer-controlled vibration detection, balancing and process control systems for the machine tool industry. Under the Measurement segment, the Company through its subsidiary, Schmitt Measurement Systems, Inc., designs, manufactures and sells laser and white light sensors, laser-based micro roughness measurement products, laser-based surface analysis and measurement products, and ultrasonic measurement products. The Company provides sales and service for Europe and Asia through its subsidiary, Schmitt Europe Limited.