<SEC-DOCUMENT>0000724910-22-000018.txt : 20220621
<SEC-HEADER>0000724910-22-000018.hdr.sgml : 20220621
<ACCEPTANCE-DATETIME>20220621171155
ACCESSION NUMBER:		0000724910-22-000018
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20220621
DATE AS OF CHANGE:		20220621

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NVE CORP /NEW/
		CENTRAL INDEX KEY:			0000724910
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				411424202
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-12196
		FILM NUMBER:		221028989

	BUSINESS ADDRESS:	
		STREET 1:		11409 VALLEY VIEW ROAD
		CITY:			EDEN PRAIRIE
		STATE:			MN
		ZIP:			55344
		BUSINESS PHONE:		9528299217

	MAIL ADDRESS:	
		STREET 1:		11409 VALLEY VIEW ROAD
		CITY:			EDEN PRAIRIE
		STATE:			MN
		ZIP:			55344

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PREMIS CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>NVE_Notice_of_Meeting.htm
<DESCRIPTION>NOTICE OF 2022 ANNUAL MEETING OF SHAREHOLDERS
<TEXT>
<html>
<font style="font-size: 10pt; font-family: Times New Roman;">&nbsp;<br></font>
<hr style="margin-top: -5px; color: black;" noshade size="3">
<hr style="margin-top: -14px; color: black;" noshade size="1">
<div align="center"><b><font face="Times New Roman" style="font-size:12pt;">UNITED STATES<br>
SECURITIES AND EXCHANGE COMMISSION<br>
</font></b><font style="font-size: 10pt; font-family: Times New Roman;"><b>Washington, D.C.&nbsp;&nbsp;20549<br>
</b></font><font style="font-size: 10pt; font-family: Times New Roman; line-height: 5pt;">_______________</font></div><p align="center"><b><font size="5" face="Times New Roman" style="font-size:12pt;">SCHEDULE 14A INFORMATION</font></b></p><font face="Times New Roman" style="font-size:10pt;">
<div align="center">
Proxy Statement Pursuant to Section&nbsp;14(a)&nbsp;of the Securities Exchange Act of 1934<br>
(Amendment No.&nbsp;&nbsp;&nbsp;)<br>
</div>Filed by the Registrant&nbsp;&nbsp;[X]<br><br>
Filed by a party other than the Registrant&nbsp;&nbsp;[&nbsp;&nbsp;&nbsp;]<br>
<br>
Check the appropriate box:</font>
<table style="font-size: 10pt; font-family: Times New Roman;" border="0" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td width="36">[&nbsp;&nbsp;&nbsp;]</td><td>Preliminary Proxy Statement</td></tr>
<tr>
<td>
[&nbsp;&nbsp;&nbsp;]
</td>
<td>
Confidential, for Use of the Commission Only (as permitted by Rule&nbsp;14a-6(e)(2))</td>
</tr>
<tr>
<td>[&nbsp;&nbsp;&nbsp;]
</td><td>Definitive Proxy Statement
</td></tr>
<tr>
<td>[X]</td><td>Definitive Additional Materials</td></tr>
<tr>
<td>
[&nbsp;&nbsp;&nbsp;]</td><td>Soliciting Material under Rule 14a-12</td></tr>
</table><b><font face="Times New Roman" style="font-size:10pt;font-weight:bold;">&nbsp;</font></b>
<div align="center"><img src="nve-logo.gif" width="276" height="54" alt="NVE Logo"><font style="display: inline; font-size: 26pt; font-family: Arial;"><b><br>
NVE Corporation</b><br></font><font face="Times New Roman" style="font-size:10pt;">(Name of Registrant as Specified In Its Charter)<br>
&nbsp;<br>
&nbsp;<br>
(Name of Person(s)&nbsp;Filing Proxy Statement, if other than the Registrant)<br>
&nbsp;<br>
</font>
</div><table style="font-size: 10pt; font-family: Times New Roman;" border="0" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td colspan="3" valign="top">Payment of Filing Fee (Check the appropriate box):
</td></tr>
<tr>
<td width="36" valign="top">
[X]</td><td colspan="2" valign="top">
No fee required.
</td></tr>
<tr>
<td valign="top">
[&nbsp;&nbsp;&nbsp;]
</td><td colspan="2" valign="top">
Fee computed on table below per Exchange Act Rules&nbsp;14a-6(i)(1) and 0-11.</td></tr>
<tr>
<td rowspan="10"></td><td width="25" valign="top">(1)</td><td>Title of each class of securities to which transaction applies:
</td></tr>
<tr>
<td colspan="2" valign="top">&nbsp;
</td></tr>
<tr>
<td valign="top">(2)</td><td>Aggregate number of securities to which transaction applies:
</td></tr>
<tr>
<td colspan="2" valign="top">&nbsp;
</td></tr>
<tr>
<td valign="top">(3)</td><td>Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):
</td></tr>
<tr>
<td colspan="2" valign="top">&nbsp;</td></tr>
<tr>
<td valign="top">(4)</td><td>Proposed maximum aggregate value of transaction:</td></tr>
<tr>
<td colspan="2" valign="top">&nbsp;</td></tr>
<tr>
<td valign="top">(5)</td><td>Total fee paid:</td></tr>
<tr>
<td colspan="2" valign="top">&nbsp;</td></tr>
<tr>
<td valign="top">
[&nbsp;&nbsp;&nbsp;]
</td><td colspan="2" valign="top">Fee paid previously with preliminary materials.</td></tr>
<tr>
<td valign="top">
[&nbsp;&nbsp;&nbsp;]
</td><td colspan="2" valign="top">Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2)&nbsp;and
identify the filing for which the offsetting fee was paid previously.
Identify the previous filing by registration statement number, or the
Form&nbsp;or Schedule and the date of its filing.</td></tr>
<tr>
<td rowspan="7"></td><td valign="top">(1)</td><td>Amount Previously Paid:</td></tr>
<tr>
<td colspan="2" valign="top">&nbsp;</td></tr>
<tr>
<td valign="top">(2)</td><td>Form, Schedule or Registration Statement No.:</td></tr>
<tr>
<td colspan="2" valign="top">&nbsp;</td></tr>
<tr>
<td valign="top">(3)</td><td>Filing Party:</td></tr>
<tr>
<td colspan="2" valign="top">&nbsp;</td></tr>
<tr>
<td valign="top">(4)</td><td>Date Filed:</td></tr>
</table><font face="Times New Roman" style="font-size:10pt;">&nbsp;<br>
&nbsp;<br>
</font>
<hr style="margin-top: -5px; color: black;" noshade size="1">
<hr style="margin-top: -15px; color: black;" noshade size="3">
<div style="page-break-after: always;"><font face="Times New Roman, Times, serif" size="2">&nbsp;</font><br>
</div>
<hr color="#0046AD" noshade>
<table width="100%" border="0" cellspacing="00" cellpadding="0">
<tr>
<td><img src="sml-logo.gif" width="102" height="29" alt="Small NVE logo"></td>
<td>
<div align="right"><font face="Arial, Helvetica" style="font-size:8pt;">11409
Valley View Road<br>
Eden Prairie, MN 55344-3617 <br>
www.nve.com</font></div>
</td>
</tr>
</table>
<hr color="#0046AD" noshade>
<font face="Times New Roman, Times, serif" size="2"></font>
<div align="center">
<b><font size="2"><br>NOTICE OF ANNUAL MEETING OF SHAREHOLDERS</font></b></div><br>
<font size="2"><b>Fellow Shareholders:</b><br>
<br>
The Annual Meeting of Shareholders of NVE Corporation will be held Thursday, August
4, 2022 at 3:30 p.m. Central Daylight Time at the SpringHill Suites by Marriott,
11552 Leona Road, Eden Prairie, Minnesota, 55344. After holding virtual meetings
in 2020 and 2021 because of the COVID-19 pandemic, we are pleased to return to
our practice of in-person meetings. The Annual Meeting is being held for the following
purposes:<br>
<br>
</font>
<table width="100%" border="0" cellspacing="00" cellpadding="0">
<tr valign="top">
<td rowspan="4" width="1%"><font face="Times New Roman, Times, serif" size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
<td width="1%"><font face="Times New Roman, Times, serif" size="2">1.&nbsp;&nbsp;&nbsp;</font></td>
<td><font face="Times New Roman, Times, serif" size="2">Elect five directors.<br>
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="1%"><font face="Times New Roman, Times, serif" size="2">2.</font></td>
<td><font face="Times New Roman, Times, serif" size="2">Advisory approval of named
executive officer compensation.<br>
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="1%"><font face="Times New Roman, Times, serif" size="2">3.</font></td>
<td><font face="Times New Roman, Times, serif" size="2">Ratify the selection of
Boulay PLLP as our independent registered public accounting firm for the fiscal
year ending March 31, 2023.<br>
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="1%"><font face="Times New Roman, Times, serif" size="2">4.</font></td>
<td><font face="Times New Roman, Times, serif" size="2">Consider and act on such
other business as may properly come before the meeting or any adjournment or postponements
of the meeting.</font></td>
</tr>
</table>
<font face="Times New Roman, Times, serif" size="2"><br>
These items of business are more fully described in the proxy statement. The Board
of Directors recommends a vote <b>FOR</b> each of the Director nominees, and <b>FOR</b>
Proposals&nbsp;2 and 3. Only shareholders of record at the close of business on
the record date of June&nbsp;10, 2022 are entitled to execute proxies or to vote
at the 2022 Annual Meeting.<br>
<br>
Our Proxy Materials include our 2022 Proxy Statement, our 2022 Letter to Shareholders,
and our Annual Report on <font style="white-space: nowrap;">Form 10-K for the
year ended March&nbsp;31, 2022.</font><br>
<br>
This Notice is being sent with paper copies of our Proxy Materials to registered
shareholders, that is those whose shares were registered directly in shareholders&#146;
names with our transfer agent as of the record date. &#147;Street-name&#148; shareholders,
those whose shares are held in the name of a bank or broker on the shareholders&#146;
behalf, are being sent a Notice of Internet Availability of Proxy Materials. Street-name
shareholders must request paper copies of our Proxy Materials.<br>
&nbsp;<br>
</font>
<table border="0" cellspacing="00" cellpadding="0">
<tr>
<td rowspan="3" width="72"></td><td height="24" valign="top" colspan="2"><font face="Times New Roman, Times, serif" size="2">Sincerely,</font></td></tr>
<tr>
<td valign="bottom"><font face="Times New Roman, Times, serif" size="2"> /s/ Daniel
A. Baker <br>
<br>
Daniel A. Baker<br>
</font></td>
<td valign="bottom" width="217"><font face="Times New Roman, Times, serif" size="2"></font></td></tr>
<tr>
<td colspan="2"><font face="Times New Roman, Times, serif" size="2">President
and CEO</font></td>
</tr>
</table>
<font face="Times New Roman, Times, serif" size="2"><br>
June 20, 2022</font></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>nve-logo.gif
<DESCRIPTION>NVE LOGO
<TEXT>
begin 644 nve-logo.gif
M1TE&.#EA% $V +,   !&K0DW>0<C3$!.8GAY>O___^+BXK2TM
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MU_)%,+*=NCKJ)0UAF'57%7FR*J/NBF^\WLZ/K&KJ\K?1?<FQJM(7'2>Z\>A
M6Z^^U0$_=_9@A?J,2]0S^5?G[KV)=W.\!X[1Z>$OZ23KAVSY.J+<@R6\);7?
<W_[PN0-QO@E!Z%WBFM(PQNEH$ 9,H %1$P$ .P$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>sml-logo.gif
<DESCRIPTION>SMALL NVE LOGO
<TEXT>
begin 644 sml-logo.gif
M1TE&.#EA9@ = ,0   !&K=79W^CJ[0TL5%1OD@!*J ! D0 Q;P <0! E0"U)
M:WJ2L)^RRL/(SO____?W][6UM:BHJ(V-C6YN;E%143<W-R4E)0
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)0L=YL@HA   [

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