<SEC-DOCUMENT>0001654954-19-002510.txt : 20190311
<SEC-HEADER>0001654954-19-002510.hdr.sgml : 20190311
<ACCEPTANCE-DATETIME>20190311063218
ACCESSION NUMBER:		0001654954-19-002510
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20190311
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20190311
DATE AS OF CHANGE:		20190311

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BK Technologies, Inc.
		CENTRAL INDEX KEY:			0000002186
		STANDARD INDUSTRIAL CLASSIFICATION:	RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663]
		IRS NUMBER:				593486297
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32644
		FILM NUMBER:		19670835

	BUSINESS ADDRESS:	
		STREET 1:		7100 TECHNOLOGY DRIVE
		CITY:			WEST MELBOURNE
		STATE:			FL
		ZIP:			32904
		BUSINESS PHONE:		321-984-1414

	MAIL ADDRESS:	
		STREET 1:		7100 TECHNOLOGY DRIVE
		CITY:			WEST MELBOURNE
		STATE:			FL
		ZIP:			32904

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RELM WIRELESS CORP
		DATE OF NAME CHANGE:	19980129

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ADAGE INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>bkti_8k.htm
<DESCRIPTION>CURRENT REPORT
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UNITED STATES</font></div>
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SECURITIES AND EXCHANGE COMMISSION</font></div>
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WASHINGTON, D.C. 20549</font></div>
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FORM 8-K</font></div>
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CURRENT REPORT</font></div>
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Pursuant to Section&#xA0;13 or 15(d) of the Securities Exchange Act
of 1934</font></div>
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Date of Report (Date of Earliest Event Reported):</font></div>
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March 11, 2019</font></div>
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<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 32px">
BK Technologies, Inc.</font></div>
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__________________________________________</font></div>
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(Exact name of registrant as specified in its charter)</font></div>
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Nevada</font></div>
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001-32644</font></div>
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59-3486297</font></div>
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_____________________</font></div>
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(State or other jurisdiction</font></div>
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_____________</font></div>
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(Commission</font></div>
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______________</font></div>
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(I.R.S. Employer</font></div>
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of incorporation)</font></div>
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File Number)</font></div>
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Identification No.)</font></div>
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&#xA0;&#xA0;</font></div>
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<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
7100 Technology Drive, West Melbourne, FL</font></div>
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32904</font></div>
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_________________________________</font></div>
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(Address of principal executive offices)</font></div>
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___________</font></div>
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(Zip Code)</font></div>
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Registrant&#x2019;s telephone number, including area
code:</font></div>
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(321) 984-1414</font></div>
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N/A</font></div>
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<font style="font-family: Times New Roman; font-size: 10">&#xA0;</font>
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">Former
name or former address, if changed since last report</font></div>
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Check the appropriate box below if the Form 8-K filing is intended
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under any of the following provisions:</font></div>
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[&#xA0;&#xA0;]&#xA0;&#xA0;Written communications pursuant to Rule
425 under the Securities Act (17 CFR 230.425)</font></div>
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[&#xA0;&#xA0;]&#xA0;&#xA0;Soliciting material pursuant to Rule
14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></div>
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[&#xA0;&#xA0;]&#xA0;&#xA0;Pre-commencement communications pursuant
to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;<br></font></div>
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[&#xA0;&#xA0;]&#xA0;&#xA0;Pre-commencement communications pursuant
to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Indicate
by check mark whether the registrant is an emerging growth company
as defined in Rule 405 of the Securities Act of 1933
(&#xA7;&#x2009;230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (&#xA7;&#x2009;240.12b-2 of this
chapter).</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Emerging
growth company&#x2003;<font style="color: #000000">[&#xA0;&#xA0;]&#xA0;&#xA0;</font></font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">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.&#x2003; <font style="color: #000000">[&#xA0;&#xA0;]&#xA0;&#xA0;</font></font></div>
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<div style="display: table-cell; width: 96px"><font style="font-weight: bold; font-family: Times New Roman; font-size: 13px"><a name="id_4"><!--anchor--></a>Item 8.01&#xA0;</font></div>
<div style="text-align: justify; display: table-cell"><font style="font-weight: bold; font-family: Times New Roman; font-size: 13px"><font style="text-decoration: underline">
Other Events</font>.</font></div>
</div>
</div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 48px">
<font style="font-family: Times New Roman; font-size: 13px">On
March 11, 2019, BK Technologies, Inc. (the &#x201C;Company&#x201D;)
announced that its Board of Directors has approved the
implementation of a holding company reorganization (the
&#x201C;Reorganization&#x201D;), which is expected to be completed on
or around March 28, 2019. As a result of the Reorganization, BK
Technologies Corporation, a newly formed Nevada corporation and
direct, wholly-owned subsidiary of the Company (&#x201C;New
BK&#x201D;), will become the publicly traded holding company of the
Company and its subsidiaries.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 48px">
<font style="font-family: Times New Roman; font-size: 13px">The
Reorganization will be effectuated pursuant to an Agreement and
Plan of Merger (the &#x201C;Merger Agreement&#x201D;) by and among
the Company, New BK and BK Merger Sub, Inc., a newly formed Nevada
corporation and direct, wholly-owned subsidiary of New BK
(&#x201C;Merger Sub&#x201D;). Pursuant to the Merger Agreement,
Merger Sub will merge with and into the Company (the
&#x201C;Merger&#x201D;), with the Company, as the survivor of the
Merger, becoming a direct, wholly-owned subsidiary of New
BK.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 48px">
<font style="font-family: Times New Roman; font-size: 13px">At the
effective time of the Merger, all issued and outstanding shares of
the Company&#x2019;s common stock will be converted, on a
one-for-one basis, into shares of New BK common stock. Accordingly,
each stockholder of the Company will own the same number of shares
of New BK common stock that such stockholder owns of Company common
stock immediately prior to the Merger. Each share of New BK common
stock will have the same designations, rights, powers and
preferences, and the same qualifications, limitations and
restrictions, as the shares of Company common stock immediately
prior to the Merger. The Merger is intended to be a tax-free
transaction for U.S. federal income tax purposes for stockholders
of the Company.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 48px">
<font style="font-family: Times New Roman; font-size: 13px">Stockholder
approval of the Merger will not be required under the Nevada
Revised Statutes. The conversion of shares of Company common stock
will occur automatically without an exchange of stock certificates,
and stock certificates previously representing shares of Company
common stock will represent the same number of share of New BK
common stock after the Merger. Following the consummation of the
Merger, shares of the Company&#x2019;s common stock will be delisted
from trading on the NYSE American and shares of New BK&#x2019;s
common stock will instead be listed on the NYSE American under the
symbol &#x201C;BKTI,&#x201D; which is the same symbol currently used
for shares of the Company&#x2019;s common stock. In addition, New BK
common stock will be assigned a new CUSIP Number: 05587G
104.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 48px">
<font style="font-family: Times New Roman; font-size: 13px">The
Articles of Incorporation and Bylaws of New BK will be the same as
those of the Company immediately prior to the effective time of the
Merger, and the directors and executive officers of New BK will be
the same directors and executive officers of the Company as of
immediately prior to the effective time of the Merger. In addition,
after the consummation of the Merger, New BK will, on a
consolidated basis, have the same assets, business and operations
as those of the Company, on a consolidated basis, immediately prior
to the consummation of the Merger.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 48px">
<font style="font-family: Times New Roman; font-size: 13px">The
press release announcing the Reorganization and the Merger is filed
as Exhibit 99.1 to this Current Report on Form 8-K and is
incorporated herein by reference.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-style: italic; font-family: Times New Roman; font-size: 13px">
Forward Looking Statements</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 48px">
<font style="font-family: Times New Roman; font-size: 13px">This
Current Report on Form 8-K contains statements about future events
and expectations which are &#x201C;forward-looking statements&#x201D;
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, including statements about the Company&#x2019;s plans,
objectives, expectations and prospects. These statements can be
identified by forward-looking words such as &#x201C;may,&#x201D;
&#x201C;might,&#x201D; &#x201C;could,&#x201D; &#x201C;would,&#x201D;
&#x201C;will,&#x201D; &#x201C;anticipate,&#x201D;
&#x201C;believe,&#x201D; &#x201C;plan,&#x201D; &#x201C;estimate,&#x201D;
&#x201C;project,&#x201D; &#x201C;expect,&#x201D; &#x201C;intend,&#x201D;
&#x201C;seek&#x201D; and other similar expressions. Any statement
contained in this press release that is not a statement of
historical fact may be deemed to be a forward-looking statement
such as statements regarding the Company&#x2019;s plans to implement
a holding company structure. Although the Company believes that the
plans, objectives, expectations and prospects reflected in or
suggested by its forward-looking statements are reasonable, those
statements involve risks, uncertainties and other factors that may
cause the Company&#x2019;s actual results, performance or
achievements to be materially different from any future results,
performance or achievements expressed or implied by these
forward-looking statements, and the Company can give no assurance
that its plans, objectives, expectations and prospects will be
achieved. Important factors that might impact the Company&#x2019;s
plans, objectives, expectations and prospects are contained in the
&#x201C;Risk Factors&#x201D; section of the Company&#x2019;s Annual
Report on Form 10-K for the fiscal year ended December 31, 2018,
and in the Company&#x2019;s other current and periodic reports filed
from time to time with the Securities and Exchange Commission. All
forward-looking statements in this Current Report on Form 8-K are
made as of the date hereof, based on information available to the
Company as of the date hereof, and the Company assumes no
obligation to update any forward-looking statement.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;<br>
</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="font-weight: bold">
Item
9.01</font>&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;
<font style="font-weight: bold; text-decoration: underline">Financial
Statements and Exhibits</font><font style="font-weight: bold">.</font></font></div>
<div style="text-align: left; margin-left: 96px; margin-right: 0px; text-indent: -96px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="display: table">
<div style="display: table-row">
<div style="display: table-cell; width: 48px"><font style="font-family: Times New Roman; font-size: 13px">(d)&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;</font></div>
<div style="text-align: left; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">Exhibits.</font></div>
</div>
</div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 48px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="display: table; margin-left: 48px">
<div style="display: table-row">
<div style="display: table-cell; width: 48px"><font style="font-family: Times New Roman; font-size: 13px"><a href="bkti_ex991.htm">99.1</a>&#xA0;</font></div>
<div style="text-align: justify; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">Press Release,
dated March 11, 2019.</font></div>
</div>
</div>
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</div>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
SIGNATURE</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 48px">
<font style="font-family: Times New Roman; font-size: 13px">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.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px;">
<table cellpadding="0" cellspacing="0" style="text-align: left; font-family: inherit; font-size: inherit;margin-left: 0px; margin-right: 0px; width: 100%;">
<tr>
<td rowspan="1" style="width: 50%; vertical-align: top">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td colspan="2" rowspan="1" style="vertical-align: bottom; width: 38%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">BK
TECHNOLOGIES, INC.</font></div>
</td>
<td rowspan="1" style="width: 12%; vertical-align: top">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
</tr><tr>
<td style="width: 50%; vertical-align: top">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td style="width: 3%; vertical-align: top">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td style="width: 35%; vertical-align: top">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td style="width: 12%; vertical-align: top">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 50%; border-bottom: 2px solid #ffffff">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman"><br></font></div>
</td>
<td style="vertical-align: top; width: 3%; border-bottom: 2px solid #ffffff">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">By:&#xA0;&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 35%; white-space: nowrap; border-bottom: 2px solid black">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">/s/ William P.
Kelly &#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 12%; border-bottom: 2px solid #ffffff">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
</tr><tr>
<td style="width: 50%; vertical-align: top">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td style="width: 3%; vertical-align: top">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 35%; white-space: nowrap">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">William P.
Kelly</font></div>
</td>
<td style="width: 12%; vertical-align: top">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
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<td style="width: 50%; vertical-align: top">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td style="width: 3%; vertical-align: top">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td style="width: 35%; vertical-align: top">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">Executive Vice
President and</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">Chief Financial
Officer</font></div>
</td>
<td style="width: 12%; vertical-align: top">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
</tr></table>
</div>
<font style="font-size: 13px; font-family: Times New Roman"><font style="font-size: 13px; font-family: Times New Roman">Date: March 11,
2019</font></font>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>bkti_ex991.htm
<DESCRIPTION>PRESS RELEASE, DATED MARCH 11, 2019
<TEXT>
<html>
<head>
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<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
Exhibit 99.1</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px"><img src="bklogo.jpg"></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
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<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
Company Contact:</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: -7px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
BK Technologies, Inc.</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: -7px; text-indent: 0px">
<font style="color: #000000; font-weight: bold; font-family: Times New Roman; font-size: 13px">
Timothy Vitou, President</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: -7px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
(321) 984-1414</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-family: Times New Roman; font-size: 16px">
BK Technologies, Inc. Announces Holding Company
Reorganization</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold"><font style="font-family: Times New Roman; font-size: 13px">NYSE American
Ticker Symbol to Remain &#x201C;BKTI&#x201D;</font></font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="font-weight: bold">
WEST MELBOURNE, FL, March 11, 2019</font> &#x2013; BK Technologies,
Inc. (NYSE American: BKTI) today announced that its Board of
Directors has approved the implementation of a holding company
reorganization, which is expected to be completed on or around
March 28, 2019. The reorganization will create a new holding
company, BK Technologies Corporation, that will become the new
parent company of BK Technologies, Inc.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
holding company reorganization is intended to create a more
efficient corporate structure and increase operational flexibility,
and is not being implemented in connection with any particular
corporate transaction. No material operational or financial impacts
are expected.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
holding company reorganization will be effected through a merger
transaction among the Company and certain of its subsidiaries that
is intended to be a tax-free transaction for U.S. federal income
tax purposes for the Company&#x2019;s stockholders. No stockholder
vote of the Company will be required to effect the merger
transaction.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">In the
holding company reorganization, the Company&#x2019;s current
stockholders will automatically become stockholders of BK
Technologies Corporation, on a one-for-one basis, with the same
number of share and same ownership percentage of the
Company&#x2019;s common stock that they held immediately prior to
the holding company reorganization. Following the reorganization,
BK Technologies Corporation will replace BK Technologies, Inc. as
the publicly traded entity and shares of BK Technologies
Corporation will be listed on the NYSE American under the symbol
&#x201C;BKTI,&#x201D; which is the same symbol currently used for the
Company&#x2019;s common stock. In addition, the common stock of BK
Technologies Corporation will be assigned a new CUSIP Number:
05587G 104.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
holding company will have the same directors and executive officers
as the Company.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
About BK Technologies</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">As an
American manufacturer for over 70 years, the Company is deeply
rooted in the public safety communications industry, manufacturing
high-specification communications equipment of unsurpassed
reliability and value for use by public safety professionals and
government agencies. Advances include a broad new line of leading
digital two-way radios compliant with APCO Project 25
specifications. The Company&#x2019;s products are manufactured and
distributed worldwide under BK Radio and RELM brand names. The
Company maintains its headquarters in West Melbourne, Florida, and
can be contacted through its web site at www.bktechnologies.com or
directly at 1-800-821-2900.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;&#xA0;<br>
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Forward-Looking Statements</font></div>
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This press release contains statements about future events and
expectations which are &#x201C;forward-looking statements&#x201D;
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, including statements about the Company&#x2019;s plans,
objectives, expectations and prospects. These statements can be
identified by forward-looking words such as &#x201C;may,&#x201D;
&#x201C;might,&#x201D; &#x201C;could,&#x201D; &#x201C;would,&#x201D;
&#x201C;will,&#x201D; &#x201C;anticipate,&#x201D;
&#x201C;believe,&#x201D; &#x201C;plan,&#x201D; &#x201C;estimate,&#x201D;
&#x201C;project,&#x201D; &#x201C;expect,&#x201D; &#x201C;intend,&#x201D;
&#x201C;seek&#x201D; and other similar expressions. Any statement
contained in this press release that is not a statement of
historical fact may be deemed to be a forward-looking statement
such as statements regarding the Company&#x2019;s plans to implement
a holding company structure. Although the Company believes that the
plans, objectives, expectations and prospects reflected in or
suggested by its forward-looking statements are reasonable, those
statements involve risks, uncertainties and other factors that may
cause the Company&#x2019;s actual results, performance or
achievements to be materially different from any future results,
performance or achievements expressed or implied by these
forward-looking statements, and the Company can give no assurance
that its plans, objectives, expectations and prospects will be
achieved.</font> <font style="font-style: italic">Important factors
that might impact the Company&#x2019;s plans, objectives,
expectations and prospects are contained in the &#x201C;Risk
Factors&#x201D; section of the Company&#x2019;s Annual Report on Form
10-K for the fiscal year ended December 31, 2018, and in the
Company&#x2019;s other current and periodic reports filed from time
to time with the Securities and Exchange Commission. All
forward-looking statements in this press release are made as of the
date hereof, based on information available to the Company as of
the date hereof, and the Company assumes no obligation to update
any forward-looking statement.</font></font></div>
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