secwatch.observer — SEC 8-K summary
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Issuer:     INTERLINK ELECTRONICS INC (LINK)
CIK:        0000828146
Form:       8-K
Filed at:   2022-12-22T23:59:59+00:00
Accession:  0001104659-22-129498
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Interlink Electronics acquires SPEC Sensors & KWJ Engineering for ~$2M; TTM revenue >$4M
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- Purchase price $2.27M: $1.52M cash at closing, $375K escrow for price adjustment, $375K for indemnification.
- Trailing twelve months revenue of acquired businesses exceeded $4M through November 2022 per press release.
- Purchase price subject to adjustment based on combined net working capital vs. $1.35M threshold.
- CEO Steven Bronson calls it the first of many acquisitions to build a diversified sensor portfolio.
- Acquisition adds gas sensor IP and an engineering team in Silicon Valley; financial statements to be filed later.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/828146/000110465922129498/0001104659-22-129498-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/828146/000110465922129498/tm2233125d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-129498

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer