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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K/A

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

 

Date of Report (Date of earliest event reported): November 22, 2023

 

 

WYTEC INTERNATIONAL, INC.

(Exact name of registrant as specified in its charter)

 

Nevada

(State or other jurisdiction of incorporation)

 

001-39478 46-0720717
(Commission File Number) (I.R.S. Employer Identification No.)

 

19206 Huebner Road, Suite 202, San Antonio, Texas 78258
(Address of principal executive offices) (Zip Code)

  

(210) 233-8980

 

(Registrant’s telephone number, including area code)

 

 

 

(Former name, former address and former fiscal year, 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.

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR240.14d-2(b))

 

Soliciting material pursuant to Rule 14a-12 under Exchange Act (17 CFR240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each Class Trading Symbol Name of each exchange on which registered
Common Stock None N/A

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

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.

 

 

   

 

 

SECTION 5. CORPORATE GOVERNANCE AND MANAGEMENT

 

ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

Compensation Arrangements. When determining the number of shares of common stock issuable to each of the directors of Wytec International, Inc., a Nevada corporation (the “Company”), for valuable services provided to the Company by each director from the date of such director’s appointment through September 30, 2023, the Company made a non-material error by using a valuation of $5.08 per share instead of $5.00 per share. Accordingly, the correct number of shares of common stock issuable was 178,410 shares instead of 175,709 shares to Mr. William H. Gray, 30,611 shares instead of 30,134 shares to Ms. Erica Perez, 26,291 shares instead of 25,806 shares to Mr. Christopher Stuart, and 26,291 shares instead of 25,806 shares to Dr. Sam Khoury.

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

WYTEC INTERNATIONAL, INC.

 

(Registrant)

   

 

     
Date: February 1, 2024 /s/ William H. Gray  
  William H. Gray, Chief Executive Officer  

 

 

 

 

 

 


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