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): ~~February 27~~March 20, 2026

NORTECH SYSTEMS INCORPORATED

(Exact name of registrant as specified in charter)

Minnesota	0-13257	41-1681094
(State or other jurisdiction	(Commission	IRS Employer
of incorporation)	File Number)	Identification No.)

7550 Meridian Circle N. Ste 150, Maple Grove, MN 55369

(Address of principal executive offices)

(952) 345-2244

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed from 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 14-2(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, par value $.01 per share		NSYS		NASDAQ Capital Market

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 1.01 Entry into a Material Definitive Agreement

On ~~February~~ 27March 20, 2026, ~~Nortech~~we ~~Systems~~entered ~~Incorporated~~into ~~(the~~a new ~~“Company”)~~Credit ~~entered~~and ~~into~~Security Agreement with Associated Bank, National Association, which provides for a ~~Waiver~~revolving ~~and~~credit ~~Amendment~~facility ~~No.~~of 4up to $15,000,000, ~~its~~subject ~~Credit~~to ~~Agreement with~~a ~~Bank~~borrowing ofbase ~~America~~based on eligible accounts receivable, ~~N.A.~~inventory and fixed assets, ~~dated~~and ~~February 27~~a $2, ~~2026~~200,000 term loan (the “~~Waiver~~Associated ~~and Amendment~~Facility”). ~~Under~~The ~~the~~new ~~Waiver~~Associated ~~and~~Facility ~~Amendment~~replaces our existing credit facility, ~~Bank~~ ofwhich ~~America~~was ~~waived~~scheduled to ~~certain~~mature ~~financial~~in ~~covenant~~August ~~defaults~~2026. ~~related~~The toAssociated ~~the~~Facility ~~Company’s~~includes ~~Consolidated~~a ~~Leverage~~sublimit ~~Ratio~~of $1,500,000 ~~Fixed~~for ~~Charge~~letters ~~Coverage Ratio,~~of credit and ~~Consolidated~~is ~~EBITDA~~secured ~~for~~by substantially all of our assets in the ~~quarter~~United ~~ended~~States ~~December~~of 31America, ~~2025.~~and ~~The~~the ~~Waiver~~facility and ~~Amendment~~term ~~also~~loan ~~modifies~~each ~~multiple~~mature ~~provisions~~in of March 2029. Borrowings under the ~~Credit~~Associated Facility ~~Agreement~~bear interest, ~~including~~at ~~revised~~our ~~definitions~~option, ~~updated~~at ~~borrowing~~a defined base ~~mechanics~~rate, ~~revised~~or ~~financial~~at ~~covenants~~one-month ~~(including~~or ~~new~~three-month ~~EBITDA thresholds),~~Term ~~adjustments~~Secured toOvernight ~~the~~Financing ~~revolving~~Rate, plus ~~commitment~~2.00% ~~levels,~~in anthe ~~increase~~case inof ~~applicable~~revolving ~~borrowing~~credit ~~rate,~~borrowings and ~~updates~~plus ~~limitations~~2.25% onin ~~foreign subsidiary~~the ~~investments~~case ~~and~~of ~~transfers~~the term loan.

The Associated Facility contains customary ~~full~~affirmative ~~text~~and negative covenants that restrict or limit our ability to incur additional indebtedness, create liens, make investments, sell assets, pay dividends or engage in certain transactions without lender consent. This agreement also requires us to comply with financial covenants, including maintaining a Fixed Charge Coverage Ratio of 1.10 to 1.00, which measures the ~~Waiver~~ratio isof ~~filed~~EBITDA, as ~~Exhibit~~defined ~~10.1~~to exclude certain other non-cash items, and less unfunded capital expenditures, to ~~this~~fixed ~~Form~~charges 8such as interest as well as debt and capital lease principal payments. The Associated Facility contains a broad definition of events of default including non-Kcompliance with the credit agreement, change of control of the company, destruction of collateral and ~~incorporated~~if ~~herein~~the bycompany ~~reference~~suffers a material adverse affect.

~~In the~~ITEM ~~fourth~~9.01 ~~quarter~~Financial ofStatements ~~2025, we continued to see positive benefits to our operating performance from our restructuring activities in the fourth quarter of 2024~~ and ~~the first quarter of 2025~~Exhibits. ~~The Company is actively in negotiations to secure a new asset-backed lending facility. The Company expects to close a new facility in the near term.~~

~~ITEM 9.01 Financial Statements and~~ Exhibits.

Exhibits.

Exhibit No.		Description

10.1		Credit Agreement dated as of March 20, 2026, by and between Nortech Systems Incorporated and Associated Bank, National Association.
104		Cover Page Interactive Data File (embedded within the Inline XBRLdocument).

Exhibit No.		Description
10.1		Waiver and Amendment No. 4 to Credit Agreement dated as of February 27, 2026, by and between Nortech Systems Incorporated and Bank of America, N.A.
104		Cover Page Interactive Data File (embedded within the Inline XBRLdocument).

SIGNATURES

2Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

~~SIGNATURES~~Date: March 23, 2026

~~Pursuant to~~Nortech ~~the~~Systems ~~requirements~~Incorporated of(Registrant) ~~the~~/s/ ~~Securities~~Andrew ~~Exchange~~D. ~~Act~~C. ofLaFrence ~~1934,~~Andrew ~~the~~D. ~~registrant~~C. ~~has~~LaFrence ~~caused~~Senior ~~this~~Vice ~~report~~President toof beFinance ~~signed~~and onChief ~~its~~Financial ~~behalf by the undersigned hereunto duly authorized.~~Officer

~~Date: March~~EXHIBIT 5,INDEX ~~2026~~

Nortech Systems Incorporated (Registrant) /s/ Andrew D. C. LaFrence Andrew D. C. LaFrence Senior Vice President of Finance and Chief Financial Officer

Exhibit No.		Description

10.1		Credit Agreement dated as of March 20, 2026, by and between Nortech Systems Incorporated and Associated Bank, National Association.
104		Cover Page Interactive Data File (embedded within the Inline XBRLdocument).

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