0000849636 false 0000849636 2022-01-04 2022-01-04 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 4, 2022

 

RESPIRERX PHARMACEUTICALS INC.

(Exact name of registrant as specified in its charter)

 

Delaware   1-16467   33-0303583

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S Employer

Identification No.)

 

126 Valley Road, Suite C

Glen Rock, New Jersey

  07452
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (201) 444-4947

 

 

(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))

 

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

 

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

 

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 4, 2022, Mr. Timothy Jones, the President and Chief Executive Officer and member of the Board of Directors (“BOD”) of RespireRx Pharmaceuticals, Inc. (the “Company”) notified the Company of his intent to resign which he and the Company subsequently agreed would target January 31, 2022 and would include his resignation as a member of the BOD.

 

The BOD intends to appoint Arnold S. Lippa as the Interim President and Interim Chief Executive effective upon Mr. Jones’ departure. The terms of Mr. Jones’ employment agreement, as amended, remain in effect.

 

The Company has had non-contentious preliminary discussions with Mr. Jones regarding the timing, transfer of responsibilities, process, expectations during the transition period through his departure date, as well as related financial matters. The discussions were preliminary and do not represent final terms, conditions or processes at this time. If the Company enters into any subsequent agreement with Mr. Jones regarding the circumstances of his resignation or departure, the Company will file a subsequent report on Form 8-K.

 

Mr. Jones indicated in those preliminary discussions that he is resigning to pursue a consulting practice.

 

 
 

 

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 10, 2022 RESPIRERX PHARMACEUTICALS INC.
(Registrant)
                                
  By:  /s/ Jeff Eliot Margols 
   

Jeff Eliot Margolis

    Senior Vice President, Chief Financial Officer, Secretary and Treasurer

 

 

RespireRx Pharmaceuticals (QB) (USOTC:RSPI)
Historical Stock Chart
From Apr 2022 to May 2022 Click Here for more RespireRx Pharmaceuticals (QB) Charts.
RespireRx Pharmaceuticals (QB) (USOTC:RSPI)
Historical Stock Chart
From May 2021 to May 2022 Click Here for more RespireRx Pharmaceuticals (QB) Charts.