Current Report Filing (8-k)

Date : 09/20/2019 @ 8:31PM
Source : Edgar (US Regulatory)
Stock : ADOMANI Inc (ADOM)
Quote : 0.1  0.0 (0.00%) @ 12:00AM

Current Report Filing (8-k)

 

 

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 16, 2019

 

adomani, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware

 

001-38078

 

46-0774222

(State or other jurisdiction
of incorporation)

 

(Commission File Number)

 

(I.R.S. Employer
Identification No.)

 

4740 Green River Road, Suite 106

Corona, California 92880

(Address of principal executive offices) (Zip Code)

 

(951) 407-9860

(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))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

Trading
Symbol(s)

Name of each exchange on which registered

Common stock, $0.00001 par value

ADOM

OTC Markets Group Inc.

 

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 September 16, 2019, ADOMANI, Inc. (the “Company”) entered into an employment agreement with James L. Reynolds (the “Employment Agreement”), pursuant to which Mr. Reynolds will continue to serve as the Company’s President and Chief Executive Officer for an additional five-year term.

 

The Employment Agreement replaces Mr. Reynolds’ previous employment agreement with the Company, which expired by its terms on September 1, 2019. Under the Employment Agreement, Mr. Reynolds is entitled to an annual base salary of $294,000 and five percent of the net profits of the Company on an annual basis.

 

A copy of the Employment Agreement is filed as Exhibit 10.1 to this Current Report on Form 8-K. The foregoing description of the Employment Agreement is a summary only and is qualified in its entirety by the full text of the Employment Agreement, which is incorporated herein by reference.

 

Item 9.01.Financial Statements and Exhibits.

 

(d) Exhibits.

 

 

 


 

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.

 

 

ADOMANI, Inc.

 

 

 

Date: September 20, 2019

By:

/s/ Michael K. Menerey

 

 

Michael K. Menerey

 

 

Chief Financial Officer

 

 

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