Current Report Filing (8-k)
November 25 2019 - 3:50PM
Edgar (US Regulatory)
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) November 19, 2019
LIBERATED SYNDICATION INC.
(Exact
Name of Registrant as Specified in Its Charter)
Nevada
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000-55779
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47-5224851
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(State
or Other Jurisdiction of Incorporation)
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(Commission
File Number)
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(I.R.S.
Employer Identification No.)
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5001 Baum Boulevard, Suite 770
Pittsburgh, Pennsylvania
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15213
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(Address
of Principal Executive Offices)
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(Zip
Code)
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(412) 621-0902
(Registrant’s
Telephone Number, Including Area Code)
n/a
(Former
Name or Former Address, if Changed Since Last Report)
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
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Trading
Symbol(s)
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Name of
each exchange on which registered
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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)
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 ☒
Item 5.02 Departure of
Directors or Certain Officers; Election of Directors; Appointment
of Certain Officers; Compensatory Arrangements of Certain
Officers.
On
November 19, 2019, Liberated Syndication Inc, a Nevada corporation
(“Liberated Syndication” or the “Company”)
appointed Mr. Brian Kibby to its board of directors (the
“Board”) and as a member of the Compensation Committee
of the Board. In connection with Mr. Kibby’s appointment,
Mr. Gregory Smith resigned from his
role as a director of the Company effective November 19, 2019. Mr.
Smith also ceased to be a member of the Nominating and Compensation
Committees of the Board of the Company. Mr. Smith’s
resignation was not due to any disagreement on any matter relating
to the Company’s operations, policies or
practices.
Mr.
Kibby has been a senior partner of N2Growth and CEO of N2Ventures,
an executive search and talent strategy firm, since September 2019.
From 2017 to June 2019, Mr. Kibby was the CEO of Knewton, where he
led the creation of Alta, a first of its kind SaaS based adaptive
learning series of products, which led to the acquisition of
Knewton by John Wiley & Sons in June 2019. As CEO of MV
Transportation from January 2015 to January 2017, Mr. Kibby oversaw
the creation of a new technology strategy for this $1.3 billion
premiere paratransit provider with 20,000 employees. From 2011 to
2014, Mr. Kibby was the President of McGraw-Hill’s Higher
Education Group, where he led a business with nearly $1.0 billion
in top line sales. A
veteran of the U.S. Army, Mr. Kibby holds a bachelor's degree in
finance from Western Illinois University.
Mr. Kibby has no family relationship with any of the executive
officers or directors of the Company. There have been no
transactions in the past two years to which the Company or any of
its subsidiaries was or is to be a party, in which Mr. Kibby had,
or will have, a direct or indirect material interest.
Item 8.01 Other
Events.
On
November 21, 2019, the Company issued a press release announcing
Mr. Kibby’s replacement of Mr. Smith on the Board and the
Compensation Committee. A copy of the press release is attached
hereto as Exhibit 99.1 and is incorporated herein by
reference.
Item 9.01
Financial Statements and Exhibits
(a)
Exhibits
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Description
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Press
Release dated November 21, 2019
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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.
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LIBERATED SYNDICATION INC.
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Dated: November 25,
2019
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By: /s/ Christopher
Spencer
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Name: Christopher
Spencer
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Title: Chief
Executive Officer
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