Form 8-K - Current report
May 29 2024 - 4:05PM
Edgar (US Regulatory)
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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): May 23, 2024
CODA
OCTOPUS GROUP, INC.
(Name
of Small Business Issuer in its Charter)
Delaware |
|
001-38154 |
|
34-2008348 |
(State
or other jurisdiction
of
incorporation or organization |
|
(Commission
File
Number) |
|
(I.R.S.
Employer
Identification
Number) |
3300
S Hiawassee Rd., Suite 104-105
Orlando,
Florida 32835
(Address,
Including Zip Code of Principal Executive Offices)
407-735-2406
(Issuer’s
telephone number)
(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 |
|
CODA |
|
Nasdaq |
Item
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
(d)
On May 23, 2024, the Board of Directors of Coda Octopus Group, Inc. (the “Company”) elected Dr. Angus McFadzean as a director
of the Company, effective July 1, 2024.
Dr
McFadzean is one of the co-founders of the Company’s Marine Technology Business and has been affiliated with the Company
in various capacities since its inception in 1994. Since 2013, Dr. McFadzean has been the Research and Development Director of the
Company’s Marine Technology subsidiary, where, among other things, he was responsible for overseeing and managing
the Marine Technology Business’ R&D Program including developments relating to the Echoscope® and DAVD.
He was also responsible for the Company’s Cyber Security Management Program.
Dr.
McFadzean holds a master’s degree in electrical and electronic engineering as well as a PhD from Heriot-Watt University
in Edinburgh, Scotland.
In
connection with his election, Dr. McFadzean has been granted 6,107 shares of the Company’s common stock that will vest on the first
anniversary of his election. He will be compensated for his board services in accordance with the Company’s regular director compensation
practices.
Item
9.01 Financial Statements and Exhibits
(d)
Exhibits
The
following exhibits are filed with this 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.
Dated:
May 29, 2024
|
Coda
Octopus Group, Inc. |
|
|
|
|
By: |
/s/
Annmarie Gayle |
|
|
Chief
Executive Officer |
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