0000899243-22-037239.txt : 20221130
0000899243-22-037239.hdr.sgml : 20221130
20221130194031
ACCESSION NUMBER: 0000899243-22-037239
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221128
FILED AS OF DATE: 20221130
DATE AS OF CHANGE: 20221130
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Cerminara Kyle
CENTRAL INDEX KEY: 0001619991
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32644
FILM NUMBER: 221436805
MAIL ADDRESS:
STREET 1: C/O FUNDAMENTAL GLOBAL INVESTORS, LLC
STREET 2: 108 GATEWAY BLVD., SUITE 204
CITY: MOORESVILLE
STATE: NC
ZIP: 28117
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MOGLIA JOSEPH H
CENTRAL INDEX KEY: 0001187586
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32644
FILM NUMBER: 221436804
MAIL ADDRESS:
STREET 1: AMERITRADE HOLDING CORP
STREET 2: 4211 S 102ND ST
CITY: OMAHA
STATE: NE
ZIP: 68127
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BK Technologies Holdings, LLC
CENTRAL INDEX KEY: 0001956319
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32644
FILM NUMBER: 221436803
BUSINESS ADDRESS:
STREET 1: 108 GATEWAY BLVD.
STREET 2: SUITE 204
CITY: MOORESVILLE
STATE: NC
ZIP: 28117
BUSINESS PHONE: (704) 323-6851
MAIL ADDRESS:
STREET 1: 108 GATEWAY BLVD.
STREET 2: SUITE 204
CITY: MOORESVILLE
STATE: NC
ZIP: 28117
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Fundamental Global GP, LLC
CENTRAL INDEX KEY: 0001878780
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32644
FILM NUMBER: 221436806
BUSINESS ADDRESS:
STREET 1: 108 GATEWAY BLVD.
STREET 2: SUITE 204
CITY: MOORESVILLE
STATE: NC
ZIP: 28117
BUSINESS PHONE: (704) 323-6851
MAIL ADDRESS:
STREET 1: 108 GATEWAY BLVD.
STREET 2: SUITE 204
CITY: MOORESVILLE
STATE: NC
ZIP: 28117
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BK Technologies Corp
CENTRAL INDEX KEY: 0000002186
STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663]
IRS NUMBER: 593486297
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 7100 TECHNOLOGY DRIVE
CITY: WEST MELBOURNE
STATE: FL
ZIP: 32904
BUSINESS PHONE: 321-984-1414
MAIL ADDRESS:
STREET 1: 7100 TECHNOLOGY DRIVE
CITY: WEST MELBOURNE
STATE: FL
ZIP: 32904
FORMER COMPANY:
FORMER CONFORMED NAME: BK Technologies, Inc.
DATE OF NAME CHANGE: 20180604
FORMER COMPANY:
FORMER CONFORMED NAME: RELM WIRELESS CORP
DATE OF NAME CHANGE: 19980129
FORMER COMPANY:
FORMER CONFORMED NAME: ADAGE INC
DATE OF NAME CHANGE: 19920703
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2022-11-28
0
0000002186
BK Technologies Corp
BKTI
0001878780
Fundamental Global GP, LLC
108 GATEWAY BLVD., SUITE 204
MOORESVILLE
NC
28117
0
0
1
0
0001619991
Cerminara Kyle
108 GATEWAY BOULEVARD, SUITE 204
MOORESVILLE
NC
28117
1
0
1
0
0001187586
MOGLIA JOSEPH H
108 GATEWAY BOULEVARD, SUITE 204
MOORESVILLE
NC
28117
0
0
1
0
0001956319
BK Technologies Holdings, LLC
108 GATEWAY BOULEVARD, SUITE 204
MOORESVILLE
NC
28117
0
0
1
0
Common Stock, par value $0.60 per share
2022-11-28
4
P
0
42880
2.75
A
1587318
I
BK Technologies Holdings, LLC
Common Stock, par value $0.60 per share
2022-11-29
4
P
0
7120
2.73
A
1594438
I
BK Technologies Holdings, LLC
Common Stock, par value $0.60 per share
1083875
I
Fundamental Global Holdings, LP
The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $2.655 to $2.75, inclusive. The Reporting Persons undertake to provide to the Company, any security holder of the Company or the staff of the U.S. Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares of Common Stock purchased at each separate price within the range set forth above.
The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $2.68 to $2.78, inclusive. The Reporting Persons undertake to provide to the Company, any security holder of the Company or the staff of the SEC, upon request, full information regarding the number of shares of Common Stock purchased at each separate price within the range set forth above.
The funds managed by Fundamental Global GP, LLC ("FGGP") beneficially own in the aggregate 2,678,313 shares of Common Stock, which represent approximately 15.8% of the Company's outstanding shares of Common Stock. FGGP may be deemed to be a beneficial owner of the shares of Common Stock that are directly owned by BK Technologies Holdings, LLC ("BKTH") and Fundamental Global Holdings, LP ("FGHP"). On August 1, 2021, the investment management agreements for FGI Global Asset Allocation Master Fund, LP ("FGGM") and Fundamental Global Capital Appreciation Fund, LP ("FGCA") were assigned to CW Institutional, LLC and EverStar Asset Management, LLC, respectively, and no Reporting Person has voting or investment power over the 106,383 and 8,710 shares of the Company's Common Stock that were previously reported by FGGM and FGCA, respectively.
Due to their positions with FGGP and affiliated entities, Messrs. D. Kyle Cerminara and Joseph H. Moglia may be deemed to be beneficial owners of the shares of Common Stock disclosed as directly owned by BKTH and FGHP. Each Reporting Person disclaims beneficial ownership of the shares referred to herein except to the extent of his or its pecuniary interest therein. In addition, Mr. Moglia holds 845,813 shares of Common Stock indirectly through trusts, Moglia Capital, LLC and the Moglia Family Foundation. Mr. Cerminara also holds additional shares of Common Stock.
This amount includes the 1,544,438 shares previously reported as directly beneficially owned by BKTH. On January 6, 2022, BKTH transferred to Fundamental Activist Fund I, LP ("FAFI") the 1,544,438 shares that were contributed to BKTH on November 28, 2022. FAFI owns membership interests in BKTH and may be deemed to be a beneficial owner of the shares of Common Stock that are directly owned by BKTH.
FUNDAMENTAL GLOBAL GP, LLC /S/ D. KYLE CERMINARA, CHIEF EXECUTIVE OFFICER
2022-11-30
BK TECHNOLOGIES HOLDINGS, LLC /S/ D. KYLE CERMINARA, CHIEF EXECUTIVE OFFICER OF FUNDAMENTAL GLOBAL GP, LLC
2022-11-30
/S/ D. KYLE CERMINARA
2022-11-30
/S/ JOSEPH H. MOGLIA
2022-11-30