secwatch.observer — SEC 8-K summary
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Issuer:     RETRACTABLE TECHNOLOGIES INC (RVP)
CIK:        0000946563
Form:       8-K
Filed at:   2022-12-29T23:59:59+00:00
Accession:  0001104659-22-130917
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Retractable Technologies repurchases 3M shares at $1.60/share in private transaction with BML Investment Partners
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- Agreed to repurchase 3M shares from BML Investment Partners at $1.60/share, an 8% discount to $1.74 close on Dec 22, 2022.
- Aggregate purchase price of $4.8M; closing date Dec 29, 2022.
- Declared preferred stock dividends: $39,050 for Series II and $19,061 for Series III, payable Jan 20, 2023 to holders of record Jan 10, 2023.
- Dividends cover Q4 2022 period (Oct 1 – Dec 31) at $1.00 per share per annum.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946563/000110465922130917/0001104659-22-130917-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946563/000110465922130917/tm2233550d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-130917

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