Current Report Filing (8-k)
2020年12月22日 - 6:06AM
Edgar (US Regulatory)
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):
December 21, 2020
Veritas Farms, Inc.
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(Exact name of registrant as specified in charter)
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Nevada
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333-191251
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99-0375676
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(State or other Jurisdiction
of Incorporation)
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(Commission File Number)
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(IRS Employer
Identification No.)
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1512 E. Broward Blvd., Ste. 300, Fort Lauderdale, FL
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33301
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrant’s telephone number, including
area code: (561) 288-6603
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(Former name or former address, if changed since last report)
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Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of Company under any of the following provisions:
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☐
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting
material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))
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☐
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
Title of each class
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Trading Symbol(s)
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Name of each exchange on which
registered
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None
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Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the
Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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. ☐
As used in this Current Report on Form
8-K, and unless otherwise indicated, the terms “the Company,” “Veritas Farms,” “we,”
“us” and “our” refer to Veritas Farms, Inc. and its subsidiary.
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Item 5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.
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On December 21, 2020, Veritas Farms entered
into a separation agreement effective as of September 16, 2020 (the “Effective Date”), with the Company’s
Executive Vice President, Erduis Sanabria (the “Separation Agreement”), pursuant to which the Company agreed
to pay Mr. Sanabria a severance equal to three years’ of his base salary and the continuation of vested stock options to
purchase 1,000,000 shares held by Mr. Sanabria until the end of that three-year period in consideration for Mr. Sanabria’s
resignation from all officer and Board positions held with the Company. The Separation Agreement additionally contains,
among other things, customary releases, confidentiality, and non-disparagement provisions.
The foregoing description of the Separation
Agreement is only a summary and is qualified in its entirety by reference to the complete text of the Separation Agreement, which
is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference in this Item 5.02.
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Item 9.01
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Financial Statements and Exhibits.
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(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.
Dated: December 21, 2020
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VERITAS FARMS, INC.
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By:
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/s/ Alexander M. Salgado
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Alexander M. Salgado,
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Chief Executive Officer
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2
Veritas Farms (PK) (USOTC:VFRM)
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から 5 2024 まで 6 2024
Veritas Farms (PK) (USOTC:VFRM)
過去 株価チャート
から 6 2023 まで 6 2024
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