false 0001001907 0001001907 2024-12-14 2024-12-14
 
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): December 18, 2024

 
logo.jpg
 
Astrotech Corporation
(Exact Name of Registrant as Specified in Charter)

 
Delaware
 
001-34426
 
91-1273737
(State or Other Jurisdiction
of Incorporation)
 
(Commission
File Number)
 
(I.R.S. Employer
Identification No.)
   
2105 Donley Drive, Suite 100, Austin, Texas
 
78758
(Address of Principal Executive Offices)
 
(Zip Code)
 
(512) 485-9530
Registrants 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 Instruction A.2. below):
 
 
Written communication 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)
   
 
 
Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
 
 
Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
 
Trading
Symbol(s)
 
Name of each exchange on which registered
Common Stock, $0.001 par value per share
 
ASTC
 
NASDAQ Stock Market, LLC
 

 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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 1.01 Entry into a Material Definitive Agreement.
 
In connection with a periodic review of its existing form of indemnification agreement, the Board of Directors of the Company approved a form of amended and restated indemnification agreement related to the service of directors and officers of the Company. On December 18, 2024, the Company entered into such indemnification agreements with each of its directors.
 
The form of amended and restated indemnification agreement provides for indemnification and advancements by the Company of certain expenses, including attorneys’ fees, judgments, fines and settlement amounts and costs relating to claims, suits or proceedings, arising from each individual’s service to the Company as a director or officer, as applicable, to the maximum extent permitted by applicable law.
 
The foregoing description of the amended and restated indemnification agreement does not purport to be complete and is qualified in its entirety by the full text of the amended and restated indemnification agreement, a form of which is filed as Exhibit 10.1 of this Current Report and incorporated herein by reference.
 
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
The information set forth under Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 5.02.
 
Item 9.01. Financial Statements and Exhibits.
 
(d) Exhibits
 
Exhibit
No.
Description
10.1
Form of Amended and Restated Indemnification Agreement.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
 
 

 
 
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:
December 19, 2024
   
       
   
Astrotech Corporation
       
   
By:
/s/ Thomas B. Pickens III
     
Thomas B. Pickens III
     
Chief Executive Officer, Chief Technology Officer
and Chairman of the Board