GSI Technology Files 8-K on Operations and Financials

TL;DR

GSI Tech dropped an 8-K detailing financials and operational updates. Check it out.

AI Summary

GSI Technology, Inc. filed an 8-K on July 23, 2024, reporting on its results of operations and financial condition. The filing also included amendments to its articles of incorporation or bylaws and financial statements and exhibits. The company is based in Sunnyvale, California.

Why It Matters

This 8-K filing provides investors with crucial updates on GSI Technology's operational performance and financial health, impacting investment decisions.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of operational and financial information, not indicating any immediate or significant risks.

Key Players & Entities

• GSI Technology, Inc. (company) — Registrant
• July 23, 2024 (date) — Date of earliest event reported
• Sunnyvale, California (location) — Principal Executive Offices
• 408-331-8800 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.001 — nge on which registered Common Stock, $0.001 par value GSIT The Nasdaq Stock Mark

Filing Documents

• f8k_072524.htm (8-K) — 17KB
• exh_991.htm (EX-99.1) — 80KB
• 0001171843-24-004150.txt ( ) — 302KB
• gnw-20190101.xsd (EX-101.SCH) — 3KB
• gnw-20190101_def.xml (EX-101.DEF) — 25KB
• gnw-20190101_lab.xml (EX-101.LAB) — 33KB
• gnw-20190101_pre.xml (EX-101.PRE) — 22KB
• f8k_072524_htm.xml (XML) — 3KB

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On July 25, 2024, GSI Technology, Inc. (the "Corporation") issued a press release announcing financial results for its first quarter of fiscal year 2025. A copy of the press release is furnished with this report. The press release should be read in conjunction with the forward-looking statements included in the text of the release. The information contained in Items 2.02 and 9.01 (Exhibit 99.1) of this report and Exhibit 99.1 hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.

03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. As described in the proxy statement of the Corporation that was distributed in connection with the Corporation's 2024 annual meeting of stockholders to be held on Thursday, August 22, 2024, Barbara Nelson, a current member of the Corporation's Board of Directors, was not nominated for reelection following her decision not to stand for reelection when her current term expires at the Corporation's 2024 annual meeting of stockholders. In connection with Ms. Nelson's decision not to stand for reelection, on July 23, 2024, the Board of Directors of the Corporation adopted an amendment to the amended and restated bylaws of the Corporation to decrease the size of the Board of Directors from seven (7) to six members (6), effective as of the 2024 annual meeting.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 GSI Technology, Inc. Press Release dated July 25, 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. GSI Technology, Inc. Date: July 25, 2024 By: /s/ DOUGLAS M. SCHIRLE Douglas M. Schirle Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR