Form 8-K - Current report
September 15 2023 - 5:15PM
Edgar (US Regulatory)
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2023-09-14
2023-09-14
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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): September
14, 2023
BLINK
CHARGING CO. |
(Exact
name of registrant as specified in its charter) |
Nevada |
|
001-38392 |
|
03-0608147 |
(State or other jurisdiction
of incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
605
Lincoln Road, 5th
Floor
Miami
Beach, Florida |
|
33139 |
(Address
of Principal Executive Offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code: (305) 521-0200 |
|
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 |
|
Trading
Symbol(s) |
|
Name
of Each Exchange on Which Registered |
Common
Stock |
|
BLNK |
|
The
Nasdaq Stock Market LLC |
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 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. ☐
CURRENT
REPORT ON FORM 8-K
Blink
Charging Co. (the “Company”)
September
14, 2023
Item
5.02. |
Departure
of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Resignation
of Chief Operating Officer
On September 14, 2023,
the Company was notified of the amicable departure of Mark Pastrone, the Company’s Chief Operating Officer. Mr. Pastrone
will serve as an advisor to the Company for the remainder of his employment through October 5, 2023. Mr. Pastrone has chosen
to leave the Company to pursue personal interests and new opportunities, by providing a notice of his resignation to the Company
on September 14, 2023. There was no disagreement
or dispute with the Company concerning Mr. Pastrone’s resignation.
Appointment
of New Chief Operating Officer
On
September 15, 2023, Michael C. Battaglia, the Company’s current Chief Revenue Officer, was appointed by the Company’s
Board of Directors as the new Chief Operating Officer of the Company, effective September 15, 2023.
Michael
C. Battaglia, age 52, joined the Company in July 2020 as the Vice President of Sales. In January 2021, Mr. Battaglia was promoted to
Senior Vice President of Sales and Business Development of the Company. In December 2022, Mr. Battaglia was again promoted to Chief Revenue
Officer of the Company. Prior to joining the Company, Mr. Battaglia served in various management positions for J.D. Power &
Associates from March 2006 to July 2020, assisting dealerships and automotive OEMs improve operations by utilizing
data-driven insights and conducting comprehensive analyses. Mr. Battaglia is an automotive and EV charging veteran with more than 25 years
of experience in the industry and has expertise in building high performing sales and operations teams. Throughout his time with the Company,
Mr. Battaglia has worked closely with the operations teams to streamline systems and processes related to order processing and fulfillment,
customer support structures, and new product procurement, which has led to increases in the Company’s operational efficiency. Mr.
Battaglia led the effort to implement Salesforce CRM, tying together field service and accounting functions globally for the Company.
Additionally, Mr. Battaglia has led the Company’s sales and business development efforts for over three years, resulting in record-high
sales and revenue each of the last three years. Mr. Battaglia received a B.S. degree in finance from the Carroll School of
Management at Boston College.
During
the last two years, other than customary arrangements in connection with serving as the Chief Revenue Officer and previously the Vice
President of Sales and Senior Vice President of Sales and Business Development of the Company, there have been no transactions or proposed
transactions by the Company in which Mr. Battaglia has had or is to have a direct or indirect material interest, and there are no family
relationships between Mr. Battaglia and any of the Company’s other executive officers and directors.
Item
9.01. |
Financial
Statements and Exhibits. |
(d)
Exhibits. The exhibit listed in the following Exhibit Index is filed as part of this current report.
Exhibit
No. |
|
Description |
104 |
|
Cover
Page Interactive Data File (embedded within the Inline XBRL document). |
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.
|
BLINK
CHARGING CO. |
|
|
|
Dated:
September 15, 2023 |
By: |
/s/
Brendan S. Jones |
|
Name:
|
Brendan
S. Jones |
|
Title: |
Chief
Executive Officer |
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