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    CPI Aerostructures Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

    5/9/25 4:31:56 PM ET
    $CVU
    Military/Government/Technical
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    Get the next $CVU alert in real time by email
    false 0000889348 0000889348 2025-05-08 2025-05-08 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION
    WASHINGTON, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT
    PURSUANT TO SECTION 13 OR 15(d) OF THE
    SECURITIES EXCHANGE ACT OF 1934

     

    Date of Report (Date of earliest event reported): May 8, 2025

     

    CPI AEROSTRUCTURES, INC.
    (Exact Name of Registrant as Specified in Charter)

     

     

    New York   001-11398   11-2520310

    (State or Other Jurisdiction

    of Incorporation)

     

    (Commission

    File Number)

     

    (IRS Employer

    Identification No.)

     

    91 Heartland Boulevard, Edgewood, New York   11717
    (Address of Principal Executive Offices)   (Zip Code)

     

    Registrant’s telephone number, including area code: (631) 586-5200

     

    N/A
    (Former Name or Former Address, if Changed Since Last Report)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     

    ☐   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ☐   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
         
    ☐   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
         
    ☐   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

    Title of each class

    Trading symbol(s)

    Name of each exchange on which registered

    Common stock, $0.001 par value per share CVU NYSE American

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

     

    Emerging growth company ☐

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

     

     

     

    Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

    Compensatory Arrangements of Certain Officers

     

    On May 8, 2025 the Compensation and Human Resources Committee of the Registrant’s Board of Directors increased the annual base salary of Dorith Hakim, the Registrant’s Chief Executive Officer and President, by 4.9% to $405,000, effective as of May 1, 2025.

     

    Item 9.01

    Financial Statements and Exhibits.

     

    Exhibit Description
       
    104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

     

     

     

     

    SIGNATURE

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

    Dated:    May 9, 2025 CPI AEROSTRUCTURES, INC.
           
           
      By: /s/ Philip Passarello  
        Philip Passarello  
        Chief Financial Officer  

     

     

     

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