UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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): October 23, 2017

 

NTN BUZZTIME, INC.

(Exact name of Registrant as Specified in Charter)

 

Delaware   001-11460   31-1103425

(State or Other Jurisdiction
of Incorporation)

  (Commission
File Number)
 

(I.R.S. Employer

Identification No.)

 

2231 Rutherford Rd, Suite 200    
Carlsbad, California   92008
(Address of Principal Executive Offices)   (Zip Code)

 

(760) 438-7400

(Registrant’s telephone number, including area code)

 

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

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. [  ]

 

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 October 23, 2017, we and Dave Miller, our senior vice president of marketing, mutually agreed to terminate Mr. Miller’s employment, effective December 1, 2017. In connection with the foregoing, we expect to enter into a separation agreement and general release with Mr. Miller pursuant to which in exchange for a release of claims in our favor, Mr. Miller will receive 4 weeks’ salary of approximately $16,923 in the aggregate, less applicable tax withholdings, which will be payable in one lump sum. We will present the separation agreement and general release to him on his last full day of employment, December 1, 2017. He will have 21 days from that date to consider the agreement before signing it, and it will become effective on the eighth day after he signs it unless he revokes it prior to such day.

 

The foregoing description of the separation agreement and general release is qualified in its entirety by reference to the full text thereof, which, if it becomes effective, will be filed as an exhibit to our Form 10-K for the year ending December 31, 2017.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  NTN BUZZTIME, INC.
     
Date: October 25, 2017 By: /s/ Allen Wolff
    Allen Wolff
    Chief Financial Officer

 

 

 

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