Electro Sensors Inc (ELSE)

Electro-Sensors, Inc. to be Acquired by steute TechnologiesApril 21, 2026 9:15 AM
PR Newswire (US)

Electro-Sensors shareholders to receive $7.75 per share in cashMINNETONKA, Minn., April 21, 2026 /PRNewswire/ -- Electro-Sensors, Inc. (Nasdaq: ELSE), a leader in industrial monitoring systems, and steute Technologies GmbH & Co. KG., a portfolio company of investment firm Battery Ventures, announced today that they have entered into a Definitive Agreement and Plan of Merger, pursuant to which steute Technologies will acquire Electro-Sensors. Under the terms of the merger agreement, shareholders of Electro-Sensors will receive $7.75 in cash per share of common stock, which represents a premium of approximately 75% to the closing price of Electro-Sensors common stock on April 20, 2026, the last trading day prior to this announcement. The merger agreement has been unanimously approved by the special committee of the board of directors of Electro-Sensors as well as the full board of directors of the company and is subject to approval by the shareholders of Electro-Sensors and the satisfaction of other customary closing conditions.Closing of the transaction is expected to occur within ten business days following satisfaction of customary closing conditions, including shareholder approval, which the parties expect to occur in the first half of 2026. Certain significant shareholders of Electro-Sensors have entered into voting and support agreements obligating them to vote their shares in favor of the merger.Following the transaction, Electro-Sensors will become a wholly owned subsidiary of steute Technologies GmbH & Co. KG, and shares of Electro-Sensors common stock will no longer be traded on the Nasdaq Capital Market.steute, founded in 1961, specializes in the development and manufacture of high-quality switching devices, sensors, and wireless networks for complex medical and industrial applications."Electro-Sensors significantly enhances steute Technologies' product and service offerings in the industrial market with an extensive, complementary line of solutions we feel will strengthen the value our customers gain from our products," said Martin Kunz, steute's CEO. "The acquisition dovetails with our strategy of delivering focused safety and monitoring solutions for the industrial market whilst expanding our manufacturing footprint in the USA."David Klenk, CEO of Electro-Sensors, said, "We strongly believe that this transaction is in the best interest of our shareholders and that becoming part of steute Technologies will be advantageous for the customers and employees of Electro-Sensors. Joining steute is an exciting opportunity to collaborate with an ambitious, focused group and create new opportunities for our business.""Electro-Sensors has built a strong reputation for reliable machine monitoring and hazard monitoring solutions in demanding industrial environments," said Maximilian Jessen, a Battery Ventures investor involved with steute's board. "Bringing those capabilities together with steute's existing portfolio strengthens the combined group's ability to serve customers with a broader set of safety and monitoring solutions."Other Information about the Merger and Related TransactionsAdditional information about the proposed transaction, including a copy of the merger agreement, will be provided in a Current Report on Form 8-K to be filed by Electro-Sensors with the SEC and made available at www.sec.gov. More information about the proposed transaction will also be described in Electro-Sensors' proxy statement relating to the merger, which it will file with the SEC.The Company Board received a fairness opinion from Lake Street Capital Markets, the Company's financial advisor.AdvisorsTCF Law Group, PLLC is legal counsel to steute on the transaction. Lake Street Capital Markets is financial advisor and Holland & Hart, LLP is legal counsel to Electro-Sensors for the transaction.About steute Technologiessteute Technologies GmbH & Co. KG is a German-based international technology company, owned by Battery Ventures, that specializes in the development and manufacture of high-quality switching devices, sensors, and wireless networks for complex medical and industrial applications. Founded in 1961, the company is headquartered in Löhne, Germany, employing approximately 560 people globally, and is represented in over 40 countries through dedicated facilities, sales subsidiaries and partners.About Electro-Sensors, Inc.Electro-Sensors, Inc. is an industry leading designer and manufacturer of rugged machine monitoring sensors, hazard monitoring systems, and wireless safety technology. These products improve processes by protecting people, safeguarding systems, reducing downtime, and preventing waste. Founded in 1968 and located in Minnetonka, Minnesota, Electro-Sensors provides its loyal customers with reliable products that improve safety and help plants operate with greater efficiency, productivity, and control.Important Information and Where to Find ItA full description of the terms of the transaction will be provided in a proxy statement that Electro-Sensors will file with the SEC. ELECTRO-SENSORS URGES INVESTORS, SHAREHOLDERS AND OTHER INTERESTED PERSONS TO READ, WHEN AVAILABLE, THE PROXY STATEMENT AS WELL AS OTHER DOCUMENTS FILED WITH THE SEC BECAUSE THESE DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION ABOUT ELECTRO-SENSORS AND THE PROPOSED TRANSACTION. When final, the definitive proxy statement will be mailed to Electro-Sensors' shareholders as of a record date to be established for voting on the proposed transaction. Shareholders will also be able to obtain a copy of the documents (when available), without charge, by directing a request to: Electro-Sensors, Inc., 6111 Blue Circle Drive, Minnetonka, MN 55343. These documents, once available, can also be obtained, without charge, at the SEC's website (www.sec.gov).Participants in the SolicitationElectro-Sensors, Inc. and its directors and executive officers may be considered participants in the solicitation of proxies by Electro-Sensors, Inc. in connection with the proposed transaction. Information about the directors and executive officers of Electro-Sensors, Inc. is set forth in its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, which was filed with the SEC. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies from Electro-Sensors' shareholders in connection with the proposed merger will be included in the definitive proxy statement that Electro-Sensors intends to file with the SEC.Non-SolicitationThis press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of that jurisdiction.  No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.Forward Looking StatementsThis press release includes certain forward-looking statements concerning Electro-Sensors and the proposed transaction within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding future financial performance, future growth, and the development of future products and services; the benefits of the proposed transactions, including anticipated growth and synergies; the combined company's plans, objectives and expectations and intentions; the expected timing of the proposed transactions; and future acquisitions. These statements are based on current expectations or beliefs and are subject to uncertainty and changes in circumstances. There can be no guarantee that the proposed transaction described in this press release will be completed, or that they will be completed as currently proposed, or at any particular time. Actual results may vary materially from those expressed or implied by the statements here due to changes in economic, business, competitive or regulatory factors, and other risks and uncertainties affecting the operation of Electro-Sensors. Many of these risks, uncertainties and contingencies related to Electro-Sensors are presented in Electro-Sensors' Annual Report on Form 10-K and, from time to time, in Electro-Sensors' other filings with the SEC. These and other risks related to the business will be presented in the proxy statement to be filed with the SEC.The information here should be read considering these risks and the following considerations: the conditions to the closing of the merger may not be satisfied or an event, change or other circumstance could occur that could give rise to the termination of the merger agreement; the merger may involve unexpected costs, liabilities or delays, resulting in the merger not being consummated within the expected time period; risks that the announced merger may disrupt current Electro-Sensors plans and operations or that the business or stock price of Electro-Sensors may suffer as a result of uncertainty surrounding the merger; the outcome of any legal proceedings related to the merger; and Electro-Sensors may be adversely affected by other economic, business, or competitive factors. 



View original content:https://www.prnewswire.com/news-releases/electro-sensors-inc-to-be-acquired-by-steute-technologies-302748710.htmlSOURCE Electro-Sensors, Inc.

Original: Electro-Sensors, Inc. to be Acquired by steute Technologies

Electro-Sensors, Inc. Announces 2025 Year-End Financial ResultsMarch 30, 2026 4:00 PM
PR Newswire (US)

MINNETONKA, Minn., March 30, 2026 /PRNewswire/ -- Electro-Sensors, Inc. (NASDAQ: ELSE), a leading global provider of machine monitoring sensors and hazard monitoring systems, today announced financial results for the year ended December 31, 2025.
Record annual revenue of $10.1 million, up 8.2% over prior yearGross Margin of 50.8%Cash and investments of $10.6 millionTable in thousands, except per share data

FY25
FY24
ChangeNet Sales
$10,142
$9,373
8.2%Gross Margin

50.8%
48.9%190bpsOperating Income (Loss)
$2
$(4)
150.0%Operating Income (Loss) Margin

0.0%
(0.0)%0bpsIncome Before Income Taxes
$347
$436
(20.4)%Earnings Per Share (diluted)
$0.09
$0.13
(30.8)%Net sales during 2025 increased to $10,142,000 from $9,373,000 in the prior year.  This increase was comprised of sales increases in both our wired product families and HazardPROTM wireless monitoring systems for industrial and agricultural applications."We are pleased to report record annual revenue of $10.1 million, up 8.2% over the prior year," said David L. Klenk, Electro-Sensors' president.  "Additionally, we are also encouraged by 2025 gross margins of 50.8%, rising from 48.9% in the prior year as we continued our focus on manufacturing efficiencies and strategic price adjustments.A full analysis of results for the year ended December 31, 2025 is available in the Company's Form 10-K, which is available on the Company's website at www.electro-sensors.com or through the Securities and Exchange Commission's Edgar database at www.sec.gov.Electro-Sensors, Inc.Statements of IncomeFor the Years Ended December 31, 2025 and 2024(in thousands except share and per share amounts) 

Years Ended December 31,

2025
2024
Net sales$10,142
$9,373
Cost of goods sold
4,985

4,791
Gross profit
5,157

4,582







Operating expenses
5,155

4,586







Operating income (loss)
2

(4)








Non-operating income, net
345

440







Income before income taxes
347

436







Income tax expense (benefit)
41

(10)







Net income $306
$446







Earnings per share – diluted$0.09
$0.13
Average shares outstanding - diluted
3,475,828

3,435,040









 Electro-Sensors, Inc.Balance SheetsDecember 31, 2025 and 2024(in thousands) 
December 31

2025
2024
Assets










Current Assets





Cash and investments$10,601
$10,004
Trade receivables, net
1,404

1,309
Inventories
2,028

1,964
Other current assets
320

197
Total current assets
14,353

13,474







Deferred income tax asset
464

501
Property and equipment, net
885

910
Total assets$15,702
$14,885







Liabilities and Stockholders' Equity












Current Liabilities





Accounts payable and accrued expenses$885
$552
Total current liabilities
885

552







Stockholders' equity





Common stock
348

344
Additional paid-in capital
2,534

2,360
Retained earnings
11,935

11,629
Total stockholders' equity
14,817

14,333







Total liabilities and stockholders' equity$15,702
$14,885
Annual MeetingOur Annual Meeting of Shareholders will be held later this year and information about the meeting will be published on our website and in the proxy statement once the meeting date is determined. All shareholders are welcome to attend and take part in the discussion of Company affairs. About Electro-SensorsElectro-Sensors, Inc. is an industry leading designer and manufacturer of rugged and reliable machine monitoring sensors and wireless/wired hazard monitoring systems applied across multiple industries and applications. These products improve processes by protecting people, safeguarding systems, reducing downtime, and preventing waste. Electro-Sensors is proud to be an ISO9001:2015 quality certified company and is committed to providing excellent customer service and technical support. Founded in 1968 and located in Minnetonka, Minnesota, Electro-Sensors provides its loyal customers with reliable products that improve safety and help plants operate with greater efficiency, productivity and control.Cautionary Statement Regarding Forward Looking StatementsThis press release may include statements about possible or anticipated future financial performance, business activities, plans, or opportunities.  These forward-looking statements may include the words "will," "should," "believes," "expects," "anticipates," "intends" or similar expressions.  For these forward-looking statements, the Company claims the protection of the safe harbor for forward-looking statements contained in federal securities laws.  Forward-looking statements reflect the company's current views with respect to future events and financial performance and include any statement that does not directly relate to a current or historical fact.  These forward-looking statements are subject to a number of factors, risks and uncertainties, including those disclosed in our periodic filings with the SEC that could cause actual performance, activities, plans, or opportunities after the date the statements are made to differ significantly from those indicated in the forward-looking statements.For more information please visit our website at: www.electro-sensors.com. Also look us up on:
LinkedIn: linkedin.com/company/electro-sensors-inc-
X: x.com/ESIsensors
Facebook: facebook.com/ElectroSensors 



View original content:https://www.prnewswire.com/news-releases/electro-sensors-inc-announces-2025-year-end-financial-results-302729003.htmlSOURCE Electro-Sensors, Inc.

Original: Electro-Sensors, Inc. Announces 2025 Year-End Financial Results

Lets go get it ELSE $$$$$

https://www.stockscores.com/chart.asp?TickerSymbol=%20else&TimeRange=365&Interval=w&Volume=1&ChartType=CandleStick&Stockscores=1&ChartWidth=1100&ChartHeight=480&LogScale=None&Band=None&avgType1=SMA&movAvg1=50&avgType2=SMA&movAvg2=100&Indicator1=AccDist&Indicator2=StochRSI&Indicator3=CMF&Indicator4=MACD&endDate=&CompareWith=&entryPrice=&stopLossPrice=&candles=redgreen

10-Q out just now. All is as expected, and any negatives are related Covid shutdowns everywhere same with every industry out there.

Better hope the 3rd world election is rectified and Trump continue on with his Agenda and growth for USA . Because if Biden does get duly elected, the entire world, not just USA, will go into a very long "Dark Winter"...

Already here in NC this morning, the re-elected Dem Governor Roy Cooper just made new State Mandate, that NO gatherings of more than 10 people allowed anywhere ! All bars, gyms and similar closed by 10:00pm. Can they enforce it? Well, for months now, Charlotte (Mecklenberg County) itself, established new County jobs called "Ambassadors" who are entrusted to go around to various businesses and make sure they are adhering to the Governor's mandate ! Already many been sited with fines and/or closed down out of business.. Reminds me a lot what Nazi Germany was doing to the Jewish owned businesses in Germany late 1930's with SS soldiers, etc.....???

Only thing I know is few days back bank of America revealed they took a position in ELSE late in 2nd quarter of 2020... Article was in financial publication.

Thanks, yup nothing....

Company reply Cuban. Still not answered my question regarding the price surge to $8.00 over a week ago?? Just generic response letter..

>>>>>>>>>>>>>>>>>>>>>>>>


Steve,

Thank you for your note.

As you know, we file quarterly and annual reports with the SEC that show the condition of the business at that time. At the same time, we issue a press release regarding our financial results.

Additionally, we regularly update our website (www.electro-sensors.com) with product, application, and trade show information.

If you have any additional questions, please let me know.

Thanks for your interest in Electro-Sensors.

Gloria

Gloria Grundhoefer
Controller

did you notice that the company is running all with young kids? well I hope they want to be rich and they are working for it.

My first purchase was at 5.65
and little by little I was buying more to low my average. but I took losses at 4.25 now In jumped back during market was closed yesterday

We will see. I took loss already on this one...

BTW: I think ELSE will close above $4.15 today. IMO

Up heavily same way down because no to many shares out there.

weak hands make the price drop

DOWN HEAVY P.M. right now almost 50 cents ! What is going on with this company and its stock?

Nobody responds yet from corp to my letter...???

I think you did wrong........but I dont know what was you position....me personally got some more at close and after hours.......Next week we going back to $5+ this is my opinion.


I did really good today in MGEN.

I sold half of position seeing this and getting no response form company...

Awesome!! Im reloading at this level...please yes share it after you get it.

FYI, I sent letter to company about price action we saw last week and for some answers to questions I have... Will post here any response I get.

totally agree with you

I was a Master Electrician many years, worked military industrial installations in Colorado Springs even besides other areas of concentration around Country. These folks' products show how diversified they are as far as industries served, but nobody would know it looking at the share price.

I think they need to hire new sales & marketing staff...


Industries Served

Grain, Feed & Milling
Bulk Materials Handling
General Manufacturing
Ethanol/Bio Fuels Processing
Sugar Processing
Packaging
Food Processing
Textile Production
Mining
Power Generation Plants
Water Utilities
Wastewater

Suspect institutionals bought more, but won't know til numbers revealed publicly long after the event happened.. Real fair system today in US equities, huh???

buckle it up!$$

+.03 premarket on volume of 15 shares ??!!

I agree!....count with me

Well Paul Ryan, what are odds it will challenge the 52 week high made then...???

Institutionals have increased...

Share Information

ELSE is in a share class of common stock.

Float 2.2M Shares

Outstanding 3.4M

Institutions Holding Shares 9%

Held by Institutions 5.96%

mmmm....lets test $3

Looks like she want to finish of cover the gap up. $3.4

No a bad day at all here!! GO ELSE.!

they released earning reports in May and Agust...I will wait for Oct or Nov.

but I'll get 1.5k more this morning.

does ELSE have any of its products at Cleveland Cliffs (CLF) anyone know or other such industrial/mining/steel manufacturer...?

Jump few cents after market! go ELSE

that was a fast and accurate research.

Note 2. Investments



The Company has investments in commercial paper, Treasury Bills, and common equity securities of a private U.S. company. The commercial paper investment is in U.S. debt with ratings of A-1+, P-1, and F1+. The Treasury Bills have remaining terms ranging from one month to seven months at June 30, 2020.



The Company classifies its investments in commercial paper and Treasury Bills as available-for-sale, accounted for at fair value with unrealized gains and losses recognized in accumulated other comprehensive gain on the balance sheet.

Well, something's going on. I wonder who or what happened last Tuesday-Wednesday then??? This is problem with US securities, as 30 delay can happen if an Insider or other make purchases, we do not know til well after it has occurred..

One thing for sure, it is way oversold after that huge runup right now...

well I got some fee more today

Looks like someone took major position and stock retraced, but set up to move higher from here. I am still trying to find out more about these folks.... Wonder if CLF or XOM or such know about these folks???

Reminds me of PED to be honest. One I believed in heavily few years then sold everything because Insiders refuse to keep Shareholders abreast of happenings, weird swing occur, seem to lure investors then like Insiders selling on hype PR, etc..?? Don't know for sure.

almost MONDAY!!!! weeeeee go ELSE

They are cooking something big here, Buying now at this level. lets see what could happen

Why did this go from 3.45 to 8 on 10/6?

ELSE are cocking something big!$

Electro-Sensors, Inc. is an industry leading designer and manufacturer of rugged and reliable machine monitoring sensors and wireless/wired hazard monitoring systems applied across multiple industries and applications. These products improve processes by protecting people, safeguarding systems, reducing downtime, and preventing waste. Most standard products ship within one to two days and have an industry-leading 5-year warranty. Electro-Sensors is proud to be an ISO9001:2015 quality certified company and is committed to providing excellent customer service and technical support. Founded in 1968 and located in Minnetonka, Minnesota, Electro-Sensors provides its loyal customers with reliable products that improve safety and help plants operate with greater efficiency, productivity and control.

MINNETONKA, Minn., Aug. 13, 2020 /PRNewswire/ -- Electro-Sensors, Inc. (NASDAQ: ELSE), a leading global provider of machine monitoring sensors and hazard monitoring systems, today announced financial results for the second quarter ended June 30, 2020.

Quarterly revenue of $2,092,000
Gross margin of 52.5%
Cash and investments of approximately $9.1 million
Selected Financial Information (unaudited; in thousands, except per share data)


Q2 2020

Q2 2019

Change

Net Sales


$

2,092


$

2,260


-7.4

%

Gross Margin



52.5

%


54.6

%

-210

bps

Operating Income


$

19


$

88


-78.4

%

Operating Income Margin



0.9

%


3.9

%

-300

bps

Income Before Income Taxes


$

19


$

131


-85.5

%

Earnings Per Share (diluted)


$

.01


$

.03


-66.7

%

Net sales in the second quarter decreased 7.4% to $2,092,000 from $2,260,000 in the prior-year quarter. For the first six months of 2020, net sales decreased 5.9% to $4,015,000 from $4,268,000 for the first six months of the prior year. The quarter represents the first full quarter impacted by the pandemic and we believe that the net sales decrease is due to the impact of the pandemic on our customers' business.

"This past quarter brought significant challenges to our team as the pandemic forced us to modify many aspects of how we do business," said David L. Klenk, Electro-Sensors' president. "We will continue to adapt to the ever changing circumstances to ensure our employees stay safe and our customers get the products and services they need to effectively operate their businesses."

A full analysis of results for the period ended June 30, 2020 is available in the Company's Form 10-Q, which is available on the Company's website at www.electro-sensors.com or through the Securities and Exchange Commission's Edgar database at www.sec.gov.

... 5.37 -3.13 (-36.8%) ... $ELSE

... short BIG time ... $ELSE

* * $ELSE Video Chart 10-06-2020 * *

Link to Video - click here to watch the technical chart video

Anyone have any insight to what is going on here?