Current Report Filing (8-k)
August 31 2021 - 1:04PM
Edgar (US Regulatory)
0000064463
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2021-08-31
2021-08-31
0000064463
MKTY:CommonStockParValue0.001PerShareMember
2021-08-31
2021-08-31
0000064463
MKTY:Sec9.0SeriesCumulativePerpetualPreferredStockParValue0.001PerShareMember
2021-08-31
2021-08-31
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM 8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d)
OF
THE SECURITIES EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported) August 31, 2021 (August 27, 2021)
MECHANICAL
TECHNOLOGY, INCORPORATED
(Exact
name of registrant as specified in its charter)
Nevada
|
|
000-06890
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14-1462255
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(State
or other jurisdiction
of Incorporation)
|
|
(Commission
File Number)
|
|
(IRS
Employer
Identification Number)
|
325
Washington Avenue Extension
Albany,
New York
|
|
12205
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(Address
of registrant's principal executive office)
|
|
(Zip
code)
|
(518)
218-2550
(Registrant's
telephone number, including area code)
N/A
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
|
☐
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Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
|
☐
|
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
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☐
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Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
|
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Trading
symbol(s)
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Name
of each exchange on which
registered
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Common Stock, par value
$0.001 per share
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MKTY
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The Nasdaq Stock Market
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9.0% Series A Cumulative
Perpetual Preferred Stock, par value $0.001 per share
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MKTYP
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The Nasdaq Stock Market
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Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2
of the Securities Exchange Act of 1934.
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
8.01 Other Events.
On
August 27, 2021, Mechanical Technology, Incorporated issued a press release announcing that its Board of Directors had declared an initial
dividend on its shares of 9.0% Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share (the “Series A Preferred
Stock”). The dividend will be payable on September 30, 2021, to holders of the Series A Preferred Stock of record as of the close
of business on September 7, 2021, for the period from August 23, 2021 through September 30, 2021. The initial dividend accumulated from
the issuance of the Series A Preferred Stock on August 23, 2021.
A
copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated in this Item 8.01 by reference.
Item 9.01.
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Financial
Statements and Exhibits
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(d)
Exhibits
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Date: August 31, 2021
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MECHANICAL TECHNOLOGY, INCORPORATED
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By:
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/s/ Jessica
L. Thomas
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Name:
Jessica L. Thomas
Title:
Chief Financial Officer
|
|
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