Other Events. ​ On April 9, 2026, the Board of Directors of Envela Corporation, a Nevada corporation (the “Company”), authorized the extension of the expiration date of the Company’s existing stock repurchase plan (the “Repurchase Plan”) from March 31, 2026 to March 31, 2028. All other terms and conditions of the Repurchase Plan remain unchanged. Under the Repurchase Plan, the Company is authorized to repurchase up to an aggregate of 1,100,000 shares of the Company’s common stock. Repurchases…

Director — Vince A. Ackerson: Mr. Ackerson was elected as an independent director and assumed his position on the Board of Directors.

The filing is about the approval of an equity incentive plan, not a management change.

Other Events. ​ On March 27, 2025, the Board of Directors of Envela Corporation, a Nevada corporation (the "Company"), authorized the repurchase of an additional 100,000 shares of the Company's common stock, bringing the total authorization under the existing repurchase program to 1,100,000 shares. The repurchases will be conducted in accordance with the Company’s Repurchase Plan, including through open-market purchases, 10b5-1 plans, private transactions, or other methods as determined by th…

Director — Allison DeStefano: Ms. DeStefano stepped down from the Board of Directors but continues in her role as leader of the Company’s Consumer Division.

Chief Financial Officer (CFO), Secretary, Treasurer — John DeLuca: Mr. DeLuca's roles have been expanded to include Secretary and Treasurer in addition to his position as CFO.

Chief Financial Officer — Bret A. Pedersen: Mr. Pedersen resigned as Chief Financial Officer, and John DeLuca was appointed to the position.

Results of Operations and Financial Condition On May 3, 2022, Envela Corporation (the “Registrant”) issued a press release disclosing its financial results for the quarter ended March 31, 2022 (the “Press Release”). The Press Release is attached hereto as Exhibit 99.1.

Director — Richard D. Schepp: Mr. Richard D. Schepp was elected as a member of the Board of Directors and appointed to chair the Compensation Committee.

Chief Information Officer — Joel S. Friedman: Joel S. Friedman resigned from the Board of Directors and was appointed as Chief Information Officer.

Entry into Material Definitive Agreements. On May 20, 2019, Corrent Resources, LLC (“Corrent”), a wholly owned subsidiary of DGSE Companies, Inc. (“DGSE” or the “Company”), entered into an asset purchase agreement (the “Purchase Agreement”) with each of Echo Environmental, LLC and its wholly owned subsidiary ITAD USA, LLC (collectively, the “Echo Entities”), pursuant to which the Echo Entities agreed to sell and Corrent agreed to purchase all of the assets, rights and interests of the Echo En…

Completion of Acquisition or Disposition of Assets. On May 20, 2019, the Company completed all transactions contemplated by the Purchase Agreement, the Echo Transaction and the Corrent Note. The information set forth under

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant . The information set forth under