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

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Date of report (Date of earliest event reported)  
August 31, 2022

PHOTRONICS, INC.
(Exact name of registrant as specified in its charter)

Connecticut
 
0-15451
 
06-0854886
(State or other jurisdiction of incorporation)
 
(Commission File Number)
 
(IRS Employer Identification Number)

 
15 Secor Road, Brookfield, CT
 
06804
 
 
(Address of Principal Executive Offices)
 
(Zip Code)
 

Registrant’s Telephone Number, including area code 
(203) 775-9000


(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:


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))

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.

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, $0.01 par value per share
PLAB
NASDAQ Global Select Market
PREFERRED STOCK PURCHASE RIGHTS
N/A
N/A
 


Item 7.01.
Regulation FD.
 
Photronics, Inc.’s (the “Registrant”) wholly-owned subsidiary in Cheonan, Korea experienced a power outage on August 15, 2022.  Power at the facility was restored within one day but the facility was not fully operational for nearly two weeks.  While the facility is fully operational as of the date of this current report on Form 8-K, the loss of power will have a financial impact on the fourth quarter.  This financial impact was factored into our fourth quarter guidance.
 
The information furnished pursuant to this Item 7.01 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

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

 
PHOTRONICS, INC.
 
(Registrant)
 
       
 
By:
/s/ Richelle E. Burr
 
 
Name:
Richelle E. Burr
 
 
Title:
Chief Administrative Officer

Date:  August 31, 2022