UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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) January 4, 2019
ADDVANTAGE TECHNOLOGIES GROUP, INC.
(Exact name of Registrant as specified in its Charter)
Oklahoma
(State or other Jurisdiction of Incorporation)
1-10799
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73-1351610
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(Commission file Number)
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(IRS Employer Identification No.)
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1221 E. Houston, Broken Arrow Oklahoma
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74012
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(Address of Principal Executive Offices)
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(Zip Code)
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(918) 251-9121
(Registrant's Telephone Number, Including Area Code)
(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 InstructionA.2. below):
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Written Communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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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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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 8.01 Other
Events.
Purchase of Fulton Technologies, Inc. and Mill City Communications, Inc.
On January 4, 2019, the Company acquired substantially all of the assets of Fulton Technologies, Inc. ("Fulton") and Mill City
Communications, Inc. (“Mill City”). The assets acquired include: accounts receivable, inventory, service contracts, commercial leases, books and records, intellectual property and certain items of personal property (the “Assets”). The Assets were
purchased through the Company’s wholly owned subsidiary, ADDvantage Acquisition Corp., an Oklahoma corporation.
The Company purchased the Assets for a purchase price of ONE MILLION SEVEN HUNDRED THOUSAND DOLLARS ($1,700,000.00), subject to customary
adjustments, payable in assumed liabilities and cash (the “Purchase Price”). The Company financed the Purchase Price with existing working capital.
Item 9.01 Financial
Statements and Exhibits.
(d) Exhibits
The following exhibit is furnished herewith:
Exhibit 99.1
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Press Release dated January 10, 2019 issued by the Company.
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SIGNATURES
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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.
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ADDVANTAGE TECHNOLOGIES GROUP, INC.
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Date: January 10, 2019
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By: /s/ Scott Francis
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Scott Francis
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Vice-President & Chief Financial Officer
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Exhibit Index
Exhibit Number
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Description
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99.1
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Press Release dated January 10, 2019 issued by the Company.
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