MIND Technology, Inc. Files 8-K with Stock Details

TL;DR

MIND Tech 8-K: Common stock par $0.001, Series A preferred par $100. Filed 3/22.

AI Summary

On March 22, 2024, MIND Technology, Inc. filed an 8-K report detailing a Regulation FD Disclosure and Financial Statements and Exhibits. The filing includes information about the company's common stock and Series A preferred stock, with a par value of $0.001 and $100 per share, respectively. The company is incorporated in Delaware and its principal executive offices are located in The Woodlands, Texas.

Why It Matters

This filing provides essential details about MIND Technology's capital structure, including par values for common and preferred stock, which can be relevant for investors assessing the company's financial foundation.

Risk Assessment

Risk Level: low — The filing is a routine 8-K reporting basic corporate information and stock details, not indicating any immediate financial distress or significant operational changes.

Key Numbers

• $0.001 — Common Stock Par Value (This is the nominal value assigned to each share of common stock.)
• $100 — Series A Preferred Stock Par Value (This is the nominal value assigned to each share of Series A preferred stock.)

Key Players & Entities

• MIND Technology, Inc. (company) — Registrant
• 0001437749-24-009125 (filing_id) — Accession Number
• March 22, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation
• The Woodlands, Texas (location) — Principal executive offices
• $0.001 (dollar_amount) — Par value per share for Common Stock
• $100 (dollar_amount) — Par value per share for Series A Preferred Stock

FAQ

Key Financial Figures

• $0.01 — on which registered Common Stock - $0.01 par value per share MIND The NASDAQ
• $1.00 — Market LLC Series A Preferred Stock - $1.00 par value per share MINDP The NASDA

Filing Documents

• mind20240325_8k.htm (8-K) — 32KB
• ex_644314.htm (EX-99.1) — 13KB
• ex_644315.htm (EX-99.2) — 8KB
• a01.jpg (GRAPHIC) — 222KB
• a02.jpg (GRAPHIC) — 481KB
• a03.jpg (GRAPHIC) — 337KB
• a04.jpg (GRAPHIC) — 330KB
• a05.jpg (GRAPHIC) — 331KB
• a06.jpg (GRAPHIC) — 333KB
• a07.jpg (GRAPHIC) — 367KB
• a08.jpg (GRAPHIC) — 296KB
• a09.jpg (GRAPHIC) — 373KB
• a10.jpg (GRAPHIC) — 246KB
• a11.jpg (GRAPHIC) — 230KB
• a12.jpg (GRAPHIC) — 214KB
• a13.jpg (GRAPHIC) — 295KB
• image01.jpg (GRAPHIC) — 22KB
• 0001437749-24-009125.txt ( ) — 5823KB
• mind-20240322.xsd (EX-101.SCH) — 4KB
• mind-20240322_def.xml (EX-101.DEF) — 13KB
• mind-20240322_lab.xml (EX-101.LAB) — 17KB
• mind-20240322_pre.xml (EX-101.PRE) — 13KB
• mind20240325_8k_htm.xml (XML) — 5KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On March 25, 2024, MIND Technology, Inc. (the "Company") issued the attached press release regarding commencement of the solicitation of proxies to approve an amendment (the "Amendment") to the Certificate of Designations, Preferences and Rights of its 9.00% Series A Cumulative Preferred Stock, $1.00 par value per share (the "preferred stock"), to provide that, at the discretion of its Board of Directors deciding to file the Amendment with the Secretary of State of the State of Delaware at any time prior to July 31, 2024, each share of preferred stock shall be converted into 2.7 shares of common stock, $0.01 par value per share, upon the effective time of the Amendment (the "Preferred Stock Proposal"). A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated by reference into this Item 7.01. On March 25, 2024, the Company also made available a new corporate presentation regarding the Preferred Stock Proposal. A copy of the presentation is furnished as Exhibit 99.2 to this report and incorporated by reference into this Item 7.01 and is available on the Company's website at www.mind-technology.com. The information in this Item 7.01 (including the information incorporated by reference into this Item 7.01) is being furnished, not filed, for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), is not subject to the liabilities of that section, and will not be incorporated by reference into any filing under the Exchange Act or the Securities Act of 1933, as amended (the "Securities Act"), unless specifically identified therein as being incorporated therein by reference. Cautionary Note Regarding Forward-Looking Statements Certain of the statements contained in this report should be considered forward-looking statements. These forward-looking statements may be identified by words such as "may," "will," "expect," "intend," "anticipate," "believe," "estimate,

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 MIND Technology, Inc. press release dated March 25, 2024. 99.2 MIND Technology, Inc. presentation dated March 25, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

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. MIND Technology, Inc. March 25, 2024 By: /s/ Robert P. Capps Name: Robert P. Capps Title: President and Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR