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): September 1, 2015 (August 28, 2015)
SURNA,
INC.
(Exact
name of registrant as specified in its charter)
| Nevada |
|
000-54286 |
|
27-3911608 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File No.) |
|
(IRS
Employer
Identification No.) |
1780
55th St., Suite C
Boulder,
Colorado |
|
80301 |
| (Address
of principal executive offices) |
|
(Zip
Code) |
| (303)
993-5271 |
| Registrant’s
telephone number, including area code |
Not
applicable.
(Former
name or former address, if changed since 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 14d-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)) |
| Item 5.02. | Departure
of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers. |
On
August 28, 2015, the Board of Directors (the “Board”) of Surna, Inc. (the “Company”) appointed Stephen
Keen as the Company’s president and chief executive officer. Keen replaces Tae Darnell, who had been acting as the Company’s
interim president and chief executive since April 17, 2015. Keen has served as the Company’s vice president of research
and development since July 2014. He co-founded Hydro Innovations in 2007 and served as its chief executive officer until its acquisition
by the Company in July 2014. At this time, there have been no changes to Keen’s compensation as a result of his new position
and responsibilities.
On
September 1, 2015, the Company issued a press release announcing Stephen Keen’s appointment as president and chief executive
officer by its Board of Directors. A copy of the press release is attached hereto as Exhibit 99.1.
The
information in this Item 7.01, including the exhibit attached hereto, shall not be deemed “filed” for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in
any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific
reference in such a filing.
| Item
9.01 |
Financial Statements
and Exhibits. |
(d)
Exhibits.
| Exhibit
No. |
|
Description |
| |
|
|
| 99.1 |
|
Press release
dated September 1, 2015. |
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
| |
SURNA,
INC. |
| |
|
|
| Date: September
1, 2015 |
By: |
/s/
Stephen Keen |
| |
|
Stephen Keen,
Chief Executive Officer |
EXHIBIT
INDEX
| Exhibit
No. |
|
Description |
| |
|
|
| 99.1 |
|
Press
release dated September 1, 2015. |
Surna, Inc. Announces
Appointment of Chief Executive Officer
BOULDER, CO – September
1, 2015 – Surna, Inc. (OTCQB: SRNA), a technology company that engineers state-of-the art equipment for controlled environment
agriculture with special expertise in cannabis cultivation, announced today that its Board of Directors has appointed Stephen
Keen as its President and Chief Executive Officer.
In 2007, with his extensive
cultivation expertise, Keen founded Hydro Innovations to design and develop liquid cooled technologies for hobby cultivators.
Hydro Innovations was acquired by Surna in 2014, and since then, Keen has been Surna’s Vice President of Research and Development,
driving Surna’s industry-leading innovation engine.
“I’m honored by
the appointment and excited to lead Surna during this period of rapid growth. I will be focusing on profitability as my top priority,
including commercializing the groundbreaking products that my team and I developed while I was VP of Research and Development.
As a shareholder, I see nothing more important to Surna’s success than these two priorities.”
Keen added, “I would
also like to thank Tae for acting as our interim principal executive, which was no easy task. The time Tae spent in this position
gave me the time to complete some truly exciting R&D projects before transitioning into the role of CEO.”
Tae Darnell remains on the
Company’s Board. “We’re all very excited to have Stephen appointed as CEO for Surna,” he said. “As
the visionary and creative leader of the Surna platform and the former CEO of Hydro Innovations, nobody knows Surna better than
he does. I’m honored to have been able to serve in the role and look forward to continuing to be involved with the amazing
growth our company is experiencing.”
About
Surna:
Surna, Inc. (www.surna.com)
develops innovative technologies and products that monitor, control and or address the energy and resource intensive nature of
indoor cannabis cultivation. Currently, the Company’s revenue stream is based on its main product offerings – supplying
industrial technology and products to commercial indoor cannabis grow facilities.
Headquartered in Boulder,
CO, Surna’s diverse engineering team is tasked with creating novel energy and resource efficient solutions, including the
Company’s signature water-cooled climate control platform. The Company’s engineers continuously seek to create technology
that solve the highly specific demands of the cannabis industry for temperature, humidity, light and process control.
Surna’s goal is to provide
intelligent solutions to improve the quality, the control and the overall yield and efficiency of CEA. Though its clients do,
the Company neither produces nor sells cannabis.
Safe Harbor Statement
This news release contains
statements that involve expectations, plans or intentions (such as those relating to future business or financial results, new
features or services, or management strategies) and other factors discussed from time to time in the Company’s Securities
and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results
may vary materially. You can identify these forward-looking statements by words such as “may,” “should,”
“expect,” “anticipate,” “believe,” “estimate,” “intend,” “plan”
and other similar expressions. Our actual results, such as the Company’s ability to finance, complete and consolidate acquisition
of IP, assets and operating companies, could differ materially from those anticipated in these forward-looking statements as a
result of certain factors not within the control of the company such as a result of various factors, including future economic,
competitive, regulatory, and market conditions. The company cautions readers not to place undue reliance on any such forward-looking
statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking
statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or
unanticipated events.
Statement About Cannabis
Markets
The use, possession, cultivation,
and distribution of cannabis is prohibited by federal law. This includes medical and recreational cannabis. Although certain states
have legalized medical and recreational cannabis, companies and individuals involved in the sector are still at risk of being
prosecuted by federal authorities. Further, the landscape in the cannabis industry changes rapidly. What was the law last week
is not the law today and what is the law today may not be the law next week. This means that at any time the city, county, or
state where cannabis is permitted can change the current laws and/or the federal government can supersede those laws and take
prosecutorial action. Given the uncertain legal nature of the cannabis industry, it is imperative that investors understand that
the cannabis industry is a high-risk investment. A change in the current laws or enforcement policy can negatively affect the
status and operation of our business, require additional fees, stricter operational guidelines and unanticipated shut-downs.
At
the Company
David Traylor
Chief Business Officer
(303)
993-5271
david.traylor@surna.com
Investor Relations
David Kugelman
Atlanta
Capital Partners, LLC
(404)
856-9157
(866)
692-6847 Toll Free - U.S. And Canada