OPTICAL CABLE CORP
For the period ended Oct 31, 2024. Filed Dec 23, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Dec 23, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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EX-13.1 · Corporate Information
Corporate Information
Corporate Headquarters
5290 Concourse Drive
Roanoke, VA 24019
Primary Legal Counsel
Woods Rogers Vandeventer Black PLC
10 South Jefferson Street
Suite 1400
Roanoke, VA 24011
Independent Registered Public Accounting Firm
Crowe LLP
1 Mid America Plaza, Suite #600
Oak Brook, IL 60181
Transfer Agent
Equiniti Trust Company, LLC
48 Wall Street, Floor 23
New York, NY 10005
Form 10-K Report
Shareholders may obtain a copy of Optical Cable Corporation’s Form 10-K, including exhibits, as filed with the Securities and Exchange Commission from the SEC website at http://www.sec.gov. Our SEC filings are also available to the public on our website athttp://www.occfiber.com/investor-relations/ under the tab “SEC Filings”.
Annual Meeting
The 2025 annual meeting of shareholders will be held at 10:00 a.m. on Tuesday, March 25, 2025 at the Green Ridge Recreation Center, 7415 Wood Haven Road, Roanoke, Virginia or another location stated in OCC’s filed Proxy Statement for the 2025 Annual Meeting of Shareholders.
Corporate Information
(Continued)
Common Stock and Dividend Data
Our common stock is traded on the Nasdaq Global Market under the symbol OCC. According to the records of our transfer agent, the Company had 234 shareholders of record as of December 12, 2024. Additionally, the Company estimates that it has more than 2,000 beneficial owners. On December 12, 2024, our common stock closed at a price of $2.17 per share.
Employees of the Company and members of the Board of Directors owned at least 36.9% of the shares outstanding as of October 31, 2024, including shares still subject to potential forfeiture based on vesting requirements.
The following table sets forth for the fiscal periods indicated the high and low bid prices of our common stock, as reported on the Nasdaq Global Market, during the two most recent fiscal years:
| Range of Bid Prices | ||
|---|---|---|
| Fiscal year ended October 31, 2024 | High | Low |
| Fourth Quarter | $2.93 | $2.29 |
| Third Quarter | $3.08 | $2.61 |
| Second Quarter | $3.53 | $2.52 |
| First Quarter | $3.00 | $2.48 |
| Range of Bid Prices | ||
|---|---|---|
| Fiscal year ended October 31, 2023 | High | Low |
| Fourth Quarter | $4.01 | $2.26 |
| Third Quarter | $4.65 | $3.36 |
| Second Quarter | $4.74 | $3.88 |
| First Quarter | $4.85 | $3.38 |
Dividend Declaration
We did not pay or declare any cash dividends on our common stock in fiscal year 2024 and do not expect to pay any cash dividends in the foreseeable future.
Corporate Information
(Continued)
Executive Officers of Optical Cable Corporation
| Neil D. Wilkin, Jr. | Chairman of the Board, President and |
|---|---|
| Chief Executive Officer | |
| Tracy G. Smith | Senior Vice President, Chief Financial Officer |
| and Corporate Secretary |
Board of Directors of Optical Cable Corporation
| Neil D. Wilkin, Jr., Chairman | Chairman of the Board, President |
|---|---|
| and Chief Executive Officer | |
| Optical Cable Corporation | |
| Randall H. Frazier | President and Founder |
| R. Frazier, Incorporated | |
| John M. Holland | President and Founder |
| Holland Technical Services | |
| John A. Nygren | Retired, former President |
| ChemTreat, Inc. | |
| Craig H. Weber | Retired, former Chief Executive Officer |
| Home Care Delivered, Inc. |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.