---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-011552"
form_type: "8-K"
ticker: "SODI"
cik: "0000091668"
company_name: "SOLITRON DEVICES INC"
filed_at: "2023-09-05T23:59:59+00:00"
generated_at: "2026-06-11T00:19:36.854914+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Solitron closes Micro Engineering acquisition for $3M; preliminary Q2 sales $2.6M, backlog $8.8M

## Summary
- Closed acquisition of Micro Engineering Inc. on Sept 1; initial $3.0M cash, earnouts up to 7.5% of annual revenue (~$450k each) over 3 years.
- MEI 2022 revenue $5.9M (unaudited), operating income $1.3M; serves medical and defense; one customer ~90% of revenue.
- Preliminary F2024 Q2 net sales ~$2.6M; bookings >$2.2M; backlog ~$8.8M.
- Expects additional orders of $2-3M from US stockpile program and foreign military sales if approved.

## SEC filing metadata
- accession: 0001654954-23-011552
- form_type: 8-K
- ticker: SODI
- cik: 0000091668
- company_name: SOLITRON DEVICES INC
- filed_at: 2023-09-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/91668/000165495423011552/0001654954-23-011552-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/91668/000165495423011552/sodi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-011552
- JSON: https://secwatch.observer/filing/0001654954-23-011552.json
- Plain text: https://secwatch.observer/filing/0001654954-23-011552.txt

## Key facts
- Earnings Releases
  SOLITRON DEVICES INC reported second quarter of fiscal 2024 results: revenue approximately $2.6 million.
  - Period: second quarter of fiscal 2024
  - Revenue: approximately $2.6 million
  - Result: preliminary results
  source text: Preliminary net sales figures for the second quarter of fiscal 2024 are approximately $2.6 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/91668/000165495423011552/0001654954-23-011552-index.htm

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