<SEC-DOCUMENT>0001539497-23-000430.txt : 20230315
<SEC-HEADER>0001539497-23-000430.hdr.sgml : 20230315
<ACCEPTANCE-DATETIME>20230314174955
ACCESSION NUMBER:		0001539497-23-000430
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20230314
ITEM INFORMATION:		Regulation FD Disclosure
FILED AS OF DATE:		20230315
DATE AS OF CHANGE:		20230314

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PHOTRONICS INC
		CENTRAL INDEX KEY:			0000810136
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				060854886
		STATE OF INCORPORATION:			CT
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39063
		FILM NUMBER:		23732306

	BUSINESS ADDRESS:	
		STREET 1:		15 SECOR ROAD
		STREET 2:		PO BOX 5226
		CITY:			BROOKFIELD
		STATE:			CT
		ZIP:			06804
		BUSINESS PHONE:		2037759000

	MAIL ADDRESS:	
		STREET 1:		15 SECOR ROAD
		STREET 2:		P O BOX 5226
		CITY:			BROOKFIELD
		STATE:			CT
		ZIP:			06804

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PHOTRONIC LABS INC
		DATE OF NAME CHANGE:	19900514
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>n3449_x4-8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><IMG SRC="image001.jpg" ALT="https:||www.sec.gov|Archives|edgar|data|810136|000114036118014797|image0001.jpg" STYLE="height: 108px; width: 99px"><BR>
&nbsp;<B>Pursuant To Section 13 Or 15(d) Of The Securities Exchange Act Of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; background-color: white; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 68%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date of report (Date of earliest event reported)&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="width: 31%; border-bottom: black 1.5pt solid; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>March 14, 2023</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white">&nbsp;</P>

<P STYLE="text-align: center; font: 18pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; background-color: white"><FONT STYLE="background-color: white"><B>PHOTRONICS,
INC.</B></FONT></P>

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center">(Exact name of registrant as specified
in its charter)</P>

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center; width: 34%; font-weight: bold; padding-bottom: 1pt">Connecticut</TD>
    <TD STYLE="text-align: center; width: 33%; font-weight: bold; padding-bottom: 1pt">0-15451</TD>
    <TD STYLE="text-align: center; width: 33%; font-weight: bold; padding-bottom: 1pt">06-0854886</TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid; font-weight: bold"></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-style: italic; text-align: center">(State or Other Jurisdiction of)</TD>
    <TD STYLE="font-style: italic; text-align: center">(Commission File Number)</TD>
    <TD STYLE="font-style: italic; text-align: center">(IRS Employer Identification No.)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center; font-style: italic">Incorporation</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  </TABLE>


<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%; font-weight: bold; text-align: center; padding-bottom: 1pt">15 Secor Road, Brookfield, CT</TD>
    <TD STYLE="width: 50%; font-weight: bold; text-align: center; padding-bottom: 1pt">06804</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">(Address of principal executive offices)</TD>
    <TD STYLE="text-align: center">(Zip Code)</TD>
    <TD STYLE="text-align: center"></TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; background-color: white">Registrant's
Telephone Number, including area code</FONT><FONT STYLE="font-size: 10pt; background-color: white">&#9;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif"><B><U>(203)
775-9000</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="background-color: white">__________________________________________________________</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="background-color: white">(Former
name or former address, if changed since last report)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white">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:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD STYLE="width: 95%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white">Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&sect;230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (&sect;240.12b-2 of this chapter).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white">&nbsp;</P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white">Emerging growth company &#9744;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white">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. &#9744;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Securities registered pursuant to Section 12(b) of the Act:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 26%; border: black 1.5pt solid">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.25pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.25pt; text-align: center">Title of each class</P></TD>
    <TD STYLE="width: 31%; border-top: black 1.5pt solid; border-right: black 1.5pt solid; border-bottom: black 1.5pt solid">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.1pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.1pt; text-align: center">Trading Symbol(s)</P></TD>
    <TD STYLE="width: 43%; border-top: Black 1.5pt solid; border-right: Black 1.5pt solid; border-bottom: Black 1.5pt solid">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.25pt">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.25pt; text-align: center">Name of each exchange on which registered</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding-left: 2.25pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">COMMON STOCK, $0.01 par value per share</FONT></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding-left: 2.1pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">PLAB</FONT></TD>
    <TD STYLE="border-right: Black 1.5pt solid; border-bottom: Black 1.5pt solid; padding-left: 2.25pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NASDAQ Global Select Market</FONT></TD></TR>
  </TABLE>
<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo; Options: Hidden -->&nbsp;<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in"><B><U>Item 7.01.</U></B></TD><TD><B><U>Regulation FD.</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white">Photronics, Inc. (the &ldquo;Company&rdquo;) reports
today that neither the Company nor any of its subsidiaries has any cash or other assets on deposit with, holds any debt or equity issued
by or has any credit facilities or, swaps or other derivatives with Silicon Valley Bank, First Republic Bank or Signature Bank or any
of their affiliated entities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white">The information contained in this Item 7.01 shall
not be deemed &ldquo;filed&rdquo; for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be incorporated by reference
in any filing under the Securities Act of 1933 except as shall be expressly set forth by specific reference in such filing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white">&nbsp;</P>






<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white">&nbsp;</P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo; Options: Hidden -->&nbsp;<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center"><B>SIGNATURE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3"><B>PHOTRONICS, INC. <BR>
(Registrant) </B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD>By:&nbsp;&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ Richelle
E. Burr</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 3%">Name:&nbsp;&nbsp;</TD>
    <TD STYLE="width: 44%">Richelle
E. Burr</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Title: </TD>
    <TD>Executive Vice President,
Chief Administrative Officer, General Counsel and Secretary</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">Date: March 14, 2023</P>

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt"></P>

<!-- Field: Page; Sequence: 4; Options: Last -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo; Options: Hidden -->&nbsp;<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>image001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  (! 0(! 0(" @(" @(" P4# P,#
M P8$! ,%!P8'!P<&!P<("0L)" @*" <'"@T*"@L,# P,!PD.#PT,#@L,# S_
MVP!# 0(" @,# P8# P8," <(# P,# P,# P,# P,# P,# P,# P,# P,# P,
M# P,# P,# P,# P,# P,# P,# P,# S_P  1" !L &,# 2(  A$! Q$!_\0
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M7UK_ , (O_DNOE3_ (:U_9O_ .C9/_+VO?\ XFC_ (:U_9O_ .C9/_+VO?\
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M^Q%H^A^'_P!ECP39>&M;D\2:%;:8B66IR6[6[WD?.',;<K]#7Y3?V-^PT?\
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MT<\W_A#V/_Q= _9:_:(S_P G//\ ^$/8_P#Q=8?7J_\ SXE]\/\ Y(]'_5W
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'Z44M% '_V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
