BEL FUSE INC /NJ Files 8-K on Operations
Ticker: BELFB · Form: 8-K · Filed: Sep 19, 2024 · CIK: 729580
| Field | Detail |
|---|---|
| Company | Bel Fuse Inc /Nj (BELFB) |
| Form Type | 8-K |
| Filed Date | Sep 19, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.10 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, financial-condition, operations
TL;DR
BEL FUSE INC filed an 8-K on 9/18/24 covering operations and financials.
AI Summary
On September 18, 2024, BEL FUSE INC /NJ filed an 8-K report detailing events related to its financial condition and operations. The filing includes information on results of operations, other events, and financial statements and exhibits. The company is incorporated in New Jersey and its fiscal year ends on December 31.
Why It Matters
This 8-K filing provides an update on BEL FUSE INC's financial condition and operational events, which is crucial for investors to assess the company's current performance and future prospects.
Risk Assessment
Risk Level: low — This filing is a routine 8-K report providing standard operational and financial updates, not indicating any immediate or significant risks.
Key Players & Entities
- BEL FUSE INC /NJ (company) — Registrant
- New Jersey (location) — State of incorporation
- September 18, 2024 (date) — Date of earliest event reported
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on the Results of Operations and Financial Condition, Other Events, and Financial Statements and Exhibits of BEL FUSE INC /NJ.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on September 18, 2024.
In which state is BEL FUSE INC /NJ incorporated?
BEL FUSE INC /NJ is incorporated in New Jersey.
What is the fiscal year end for BEL FUSE INC /NJ?
The fiscal year end for BEL FUSE INC /NJ is December 31.
What is the principal executive office address for BEL FUSE INC /NJ?
The principal executive office address for BEL FUSE INC /NJ is 300 Executive Drive, Suite 300, West Orange, New Jersey 07052.
Filing Stats: 658 words · 3 min read · ~2 pages · Grade level 9.3 · Accepted 2024-09-18 21:29:58
Key Financial Figures
- $0.10 — hich Registered Class A Common Stock ($0.10 par value) BELFA Nasdaq Global Selec
Filing Documents
- belfb20240916_8k.htm (8-K) — 37KB
- ex_724660.htm (EX-99.1) — 81KB
- ex_724693.htm (EX-99.2) — 9KB
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- a13.jpg (GRAPHIC) — 40KB
- logo.jpg (GRAPHIC) — 6KB
- 0001437749-24-029508.txt ( ) — 1492KB
- belfb-20240918.xsd (EX-101.SCH) — 4KB
- belfb-20240918_def.xml (EX-101.DEF) — 13KB
- belfb-20240918_lab.xml (EX-101.LAB) — 17KB
- belfb-20240918_pre.xml (EX-101.PRE) — 13KB
- belfb20240916_8k_htm.xml (XML) — 5KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On September 18, 2024 , Bel Fuse Inc. ("Bel" or the "Company") issued a press release announcing the entry into the Enercon Purchase Agreement (as defined in Item 8.01 below) and certain other information, including financial information about the Company for the twelve-month period ended June 30, 2024. A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference.
01. Other Events
Item 8.01. Other Events. On September 18, 2024, Bel issued a press release announcing that it has entered into a definitive agreement (the "Enercon Purchase Agreement") to acquire a majority stake (80%) in Enercon Technologies, Ltd. ("Enercon"). Bel may acquire the remaining 20% interest in Enercon in accordance with the terms and subject to the conditions of the transaction documents. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. On Thursday, September 19, 2024, at 8:30 a.m. ET (5:30 a.m. PT), Bel will host a conference call with analysts and investors regarding the transactions contemplated by the Enercon Purchase Agreement. Details for participating in and accessing the conference call are set forth in the press release attached as Exhibit 99.1 hereto. The materials attached as Exhibit 99.2 hereto are incorporated by reference herein and will be presented during such conference call.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits 99.1 Press Release, dated September 18, 2024. 99.2 Investor Presentation Materials, dated September 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE 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: September 18, 2024 BEL FUSE INC. (Registrant) By: /s/Daniel Bernstein Daniel Bernstein President and Chief Executive Officer EXHIBIT INDEX Exhibit No. Description 99.1 Press Release, dated September 18, 2024. 99.2 Investor Presentation Materials, dated September 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)