UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
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CURRENT REPORT ON FORM 8-K
Cemtrex, Inc.
Item 3.02 Unregistered Sales of Equity Securities
On September 17, 2021, Cemtrex, Inc. announced that the company would pay its dividend on Series 1 Preferred Stock in additional shares of Series 1 Preferred Stock to be issued on October 7, 2021, to the holders of record on close of business on September 30, 2021. The holders of the Series 1 Preferred Stock are entitled to receive dividends at the rate of 10% annually, based on the $10.00 per share Preference Amount, payable semiannually.
On October 8, 2021, the Company determined that the shares to be issued would be restricted securities and updated the issuance date to October 18, 2021.
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.
CEMTREX, INC. | ||
Date: October 13, 2021 | By: | /s/ Saagar Govil |
Saagar Govil | ||
Chairman, President and Chief Executive Officer |