---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-206269"
form_type: "8-K"
ticker: "ATRO"
cik: "0000008063"
company_name: "ASTRONICS CORP"
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T03:18:51.672610+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Astronics enters $30M at-the-market equity distribution agreement with Wells Fargo and HSBC

## Summary
- Astronics Corp signs Equity Distribution Agreement to sell up to $30M of common stock via Wells Fargo and HSBC as agents.
- ATM offering allows sales directly on Nasdaq at market prices; Company may also sell to Agents as principal.
- Company not obligated to sell any shares; Agreement may be terminated by either party at any time.
- Legal opinion from Hodgson Russ LLP on validity of shares filed as Exhibit 5.1.

## SEC filing metadata
- accession: 0001193125-23-206269
- form_type: 8-K
- ticker: ATRO
- cik: 0000008063
- company_name: ASTRONICS CORP
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8063/000119312523206269/0001193125-23-206269-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8063/000119312523206269/d541986d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-206269
- JSON: https://secwatch.observer/filing/0001193125-23-206269.json
- Plain text: https://secwatch.observer/filing/0001193125-23-206269.txt

## Key facts
- Material Agreements
  ASTRONICS CORP entered into Equity Distribution Agreement with Wells Fargo Securities, LLC and HSBC Securities (USA) Inc. valued at up to $30,000,000 (effective 2023-08-08).
  - Action: entry
  - Agreement: atm program
  - Counterparty: Wells Fargo Securities, LLC and HSBC Securities (USA) Inc.
  - Value: up to $30,000,000
  - Effective: 2023-08-08
  source text: On August 8, 2023, Astronics Corporation (the “ Company ”) entered into an Equity Distribution Agreement (the “ Equity Distribution Agreement ”), by and between the Company and Wells Fargo Securities, LLC and HSBC Securities (USA) Inc. (each, an “ Agent ” and together, the “ Agents ”), pursuant to which the Company may offer and sell, from time to time through an Agent, acting as its agent, or directly to an Agent acting as principal, shares of the Company’s common stock, par value $0.01 per share (the “ Common Stock ”), having an aggregate sales price of up to $30,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/8063/000119312523206269/0001193125-23-206269-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.