EXHIBIT 107
Calculation of Filing Fee Tables
Form S-3
(Form Type)
COMMUNICATIONS SYSTEMS, INC.
(Exact Name of Registrant as Specified in its Charter)
| Table 1—Newly Registered and Carry Forward Securities | ||||||||||||||||||||||||||||||||||||||||||||||
| Security
Type | Security
Class Title | Fee
Calculation or Carry Forward Rule | Amount Registered | Proposed Maximum Offering Price Per Unit | Maximum Aggregate Offering Price | Fee Rate | Amount
of Registration Fee | Carry
Forward
Form Type | Carry Forward File Number | Carry
Forward Initial effective date | Filing
Fee Previously Paid In Connection with Unsold Securities to be Carried Forward | |||||||||||||||||||||||||||||||||||
| Newly Registered Securities | ||||||||||||||||||||||||||||||||||||||||||||||
| Fees to Be Paid | Equity | Common Stock, par value $0.05 per share | (1) | 457(c) | (3) | 42,457,058 | (1) (2) | $ | 2.34 | (3) | $ | 99,349,516 | (3) | .0000927 | $ | 9,209.70 | ||||||||||||||||||||||||||||||
| Fees Previously Paid | — | — | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||
| Carry Forward Securities | ||||||||||||||||||||||||||||||||||||||||||||||
| Carry Forward Securities | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||
| Total Offering Amounts | $ | 99,349,516 | $ | 9,209.70 | ||||||||||||||||||||||||||||||||||||||||||
| Total Fees Previously Paid | $ | 0 | ||||||||||||||||||||||||||||||||||||||||||||
| Total Fee Offsets | $ | 0 | ||||||||||||||||||||||||||||||||||||||||||||
| Net Fee Due | $ | 9,209.70 | ||||||||||||||||||||||||||||||||||||||||||||
| (1) | The shares of common stock will be offered for resale by the selling shareholders. Pursuant to Rule 416 under the Securities Act of 1933, as amended (the “Securities Act”), this registration statement includes an indeterminate number of additional shares that may be offered and sold to prevent dilution resulting from stock splits, stock dividends or similar transactions. |
| (2) | Includes (a) 200% of the 9,411,764 shares of the registrant’s common stock that may be issued upon conversion of the registrant’s Series A convertible preferred stock at an initial conversion price of $3.40 per share, (b) 200% of the 9,411,764 shares of the registrant’s common stock that may be issued upon the exercise of warrants at an initial exercise price of $3.40 per share, and (c) an aggregate 4,810,002 shares of the registrant’s common stock to be issued in the merger that may be sold to the selling shareholders pursuant to stock transfer agreements dated January 24, 2022. |
| (3) | Estimated solely for the purpose of calculating the amount of registration fee pursuant to Rule 457(c) under the Securities Act, based upon the average of the high and low sale prices of the registrant’s shares of common stock on February 15, 2022, as reported on the Nasdaq Global Market. |