Current Report Filing (8-k)
January 05 2022 - 04:08PM
Edgar (US Regulatory)
0001080319 false 0001080319 2022-01-05
2022-01-05 iso4217:USD xbrli:shares iso4217:USD xbrli:shares
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):
January 5, 2022
Elys Game Technology, Corp.
(Exact name of Registrant as specified in its charter)
(Former name or former address, if changed since last report)
Delaware |
001-39170 |
33-0823179 |
(State or other
jurisdiction of Incorporation or organization) |
(Commission File
Number) |
(I.R.S. Employer
Identification No.) |
107 E Warm Springs Rd.
Las Vegas,
Nevada,
89119
(Address of Principal Executive Offices)
1-628-258-5148
(Registrant’s Telephone Number, Including Area Code)
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 |
ELYS |
The
Nasdaq Capital Market |
Securities registered pursuant to Section 12(g) of the Act:
None
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.☐
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
On January 5, 2022, Elys Game Technology, Corp. (the “Company” or
“Elys”) promoted Carlo Reali, age 53, to the role of Interim Chief
Financial Officer and Principal Accounting Officer. Mr. Reali
joined the Company in January 2017 as finance manager with
Multigioco S.r.l., a wholly owned subsidiary, and on October 15,
2020, was appointed and has served as the Company’s Group Financial
Controller based in the Company’s administrative office in
Frascati, Italy. Prior to joining the Company, Mr. Reali was the
Chairman and Executive Financial Manager of S.I.S. S.r.l. from
January 2001 until its acquisition in July 2015 by SNAI S.p.A., a
leader in the Italian gaming market, and remained with SNAI as
Executive Finance Manager until August 2016. Mr. Reali holds a
Science Degree from Instituto S. Maria in Rome, Italy and a Degree
in Economics and Commerce from University of La Sapienza in Rome,
Italy. There are no family relationships between Mr. Reali and any
director of executive officer of the Company.
We do not have a formal employment or other compensation related
agreement with Mr. Reali; however, Mr. Reali will continue to
receive the same compensation that he currently receives which is
an annual base salary of $86,000.
On January 5, 2022, Mark Korb resigned as Chief Executive Officer
of Elys. In connection with his resignation, the Company entered
into an amendment to Mr. Korb’s employment agreement with the
Company (the “Amendment”) to provide that he will be employed by
the Company as a non-executive employee with the title “Head of
Corporate Affairs”, reporting directly to the Executive Chairman
and that in such capacity he will be responsible for, among other
things, various corporate initiatives and activities related to
growth and capital strategies. All other terms of the employment
agreement remain the same.
The foregoing description of the Amendment is qualified in its
entirety by reference to the copy of the Amendment filed as
Exhibit
10.1 to this Current Report on Form 8-K and is incorporated by
reference in this Item 5.02.
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.
Date:
January 5, 2022 |
ELYS GAME TECHNOLOGY, CORP. |
|
|
|
|
|
By: /s/
Michele Ciavarella |
|
|
Name:
Michele Ciavarella |
|
|
Title:
Executive Chairman |
|
Elys Game Technology (NASDAQ:ELYS)
Historical Stock Chart
From Jun 2022 to Jul 2022
Elys Game Technology (NASDAQ:ELYS)
Historical Stock Chart
From Jul 2021 to Jul 2022