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Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K ( Mark One ) [ X ] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31 , 2021 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from Commission file number 000-12196 NVE NVE CORPORATION ( Exact name of registrant as specified in its charter ) Minnesota State or other jurisdiction of incorporation or organization 11409 Valley View Road , Eden Prairie , Minnesota ( Address of principal executive offices ) Registrant's telephone number , including area code ( 952 ) 829-9217 Securities registered pursuant to Section 12 ( b ) of the Act : Title of each class Common Stock , $ 0.01 par value 41-1424202 to ( I.R.S. Employer Identification No. ) 55344 ( Zip Code ) Trading symbol ( s ) . NVEC Securities registered pursuant to Section 12 ( g ) of the Act : None Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Name of each exchange on which registered The NASDAQ Stock Market , LLC Yes [ ] No [ X ] Yes [ ] No [ X ] Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes [ X ] No [ ] Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S - T ( Section 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes [ X ] No [ ] Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Large accelerated filer [ ] Non - accelerated filer [ X ] Accelerated filer [ ] Smaller reporting company [ X ] 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 . [ ] Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . [ ] Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Act ) . Yes [ ] No [ X ] The aggregate market value of the voting stock held by non - affiliates of the Registrant , based on the closing price on September 30 , 2020 , the last business day of the Registrant's most recently completed second fiscal quarter , as reported on the NASDAQ Stock Market , was approximately $ 147 million . The number of shares of the registrant's Common Stock ( par value $ 0.01 ) outstanding as of April 30 , 2021 was 4,833,232 . DOCUMENTS INCORPORATED BY REFERENCE Portions of our Proxy Statement for our 2021 Annual Meeting of Shareholders are incorporated by reference into Items 10 , 11 , 12 , 13 , and 14 of Part III hereof .