secwatch.observer — SEC 8-K summary
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Issuer:     WIRELESS TELECOM GROUP INC (—)
CIK:        0000878828
Form:       8-K
Filed at:   2022-12-30T23:59:59+00:00
Accession:  0001493152-22-037138
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wireless Telecom Group completes sale of CommAgility to E-Space for $14.5M
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- Total consideration $14.5M ($13.75M cash + $750K note); expected net proceeds ~$12.5M after ~$1.9M in closing costs and offsets.
- Expected gain on sale of ~$7.3M, net of book value and transaction costs.
- After sale, Wireless Telecom Group consists solely of Test & Measurement brands Boonton, Holzworth, Noisecom.
- Company continues to evaluate strategic alternatives for remaining business and potential tax-efficient return of capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/878828/000149315222037138/0001493152-22-037138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/878828/000149315222037138/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-037138

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