COMMUNICATIONS SYSTEMS INC: Amendments to Articles or Regulations; Fiscal Year Change, FD Regulation Disclosure, Other Events (Form 8-K)

Section 5.03. Modification of the statutes.
Effective
Following the reverse stock split,
By the Articles of Amendment, the total number of common shares authorized to be issued has been reduced to 7,500,000 on a pro rata basis of the reverse stock split. The articles of amendment did not change the authorized number of preferred shares,
The common shares of the Company will begin trading after the split when the market opens on
Section 7.01. FD Regulation Disclosure.
At
Item 8.01. Other events.
Immediately prior to the stock consolidation, the Company had 9,720,627 shares outstanding, which will be reduced proportionately for the 1 for 4 stock consolidation.
The CUSIP identifier for the common shares of the Company following the stock consolidation is 203900 204. Following the stock consolidation, the common shares of the Company will not be certified and will be registered on the system of direct registration (also known as DRS or book entry).
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