SOLITRON DEVICES, INC. ANNOUNCES ANNUAL MEETING DATE AND EXPLORATION OF POTENTIAL MERGER OR SALE OPPORTUNITIES
SOLITRON DEVICES INC (SODI)
NASDAQ:AMEX Investor Relations:
solitrondevices.com/investors
Company Research
Source: GlobeNewswire
WEST PALM BEACH, Fla., Feb. 03, 2026 (GLOBE NEWSWIRE) -- Solitron Devices, Inc. (OTC Pink: SODI) (“Solitron” or the “Company”) is announcing that the Company’s Board of Directors has set April 24, 2026 as its annual meeting date and has decided to pursue the exploration of potential transactions including merger or sale opportunities. Solitron’s annual meeting has typically been held in January. The delay in the meeting was due to Solitron receiving an unsolicited non-binding acquisition proposal that we thought might be finalized by the end of 2025. The transaction was not finalized before the termination of the potential acquirer’s exclusivity deadline. The process demonstrated to the Board that there is strong demand in the market place for defense related companies and that there could be numerous parties interested in acquiring the Company at a premium to the current share price or being acquired by the Company. While Solitron has not retained an investment banker as a fina
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Sec Filings
- 2/3/26 - Form 8-K
- 1/13/26 - Form 8-K
- 1/13/26 - Form 10-Q
- SODI's page on the SEC website