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): August 30, 2022 (August 25, 2022)

AERKOMM INC.

(Exact name of registrant as specified in its charter)

Nevada		000-55925		46-3424568
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

44043 Fremont Blvd., Fremont, CA 94538

(Address of principal executive offices)

(877) 742-3094

(Registrant's telephone number, including area code)

N/A

(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:

☐	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 or Rule 12b-2 of the Securities Exchange Act of 1934.

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. ☐

Securities registered pursuant to Section 12(b) of the Act: None

Title of each class		Trading Symbol(s)		Name of each exchange on which registered

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 25, 2022, Y. Tristan Kuo announced to the board of directors of Aerkomm Inc. (the “Company”) that he was retiring from his position as Chief Financial Officer of the Company, effective as of August 29, 2022. Mr. Kuo’s resignation was not the result of any disagreement with the Company on any matter relating to its operation, policies (including accounting or financial policies) or practices.

On August 29, 2022, the Company entered into an independent contractor agreement with Mr. Kuo pursuant to which he will assist and advise the Company during a short period of time until it transitions to a new chief financial officer. Mr. Kuo will be assisting the Company with the following matters: SEC reporting, financial, accounting and SOX issues, and public offering and financing issues, until February 28, 2023 (unless the agreement is terminated earlier pursuant to its terms). The Company will pay Mr. Kuo a fee of $15,000 per month with a one-time $15,000 signing bonus and will reimburse Mr. Kuo for certain out-of-pocket expenses. A copy of the Company’s agreement with Mr. Kuo is attached hereto as Exhibit 10.1 and is incorporated herein by reference.

Item 9.01

Financial Statements and Exhibits

(d) Exhibits:

Exhibit No.		Description

10.1		Independent Contractor Agreement with Y. Tristan Kuo dated August 29, 2022

1

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.