Amended Current Report Filing (8-k/a)
02 Mars 2023 - 11:26PM
Edgar (US Regulatory)
true000147172700014717272023-03-022023-03-02
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________
FORM 8-K/A
_______________________
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): March 2,
2023
_______________________
Better Choice Company Inc.
(Exact name of Registrant as Specified in its Charter)
_______________________
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Delaware |
001-40477 |
83-4284557 |
(State or other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
12400 Race Track Road
Tampa, Florida 33626
(Address of Principal Executive Offices) (Zip Code)
_______________________________________________
(Registrant's Telephone Number, Including Area Code):
(212) 896-1254
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:
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☐ |
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:
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Title of each class
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Trading
Symbol(s) |
Name of each exchange on which registered |
Common Stock, $0.001 par value share |
BTTR |
NYSE American |
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.
☐
EXPLANATORY NOTE
On March 2, 2023, Better Choice Company Inc. filed its Form 8-K
(“Original Form 8-K”) to report the resignation of its Chief
Operating Officer. The Original Form 8-K did not include Item 7.01.
This Amendment No. 1 to the Original Form 8-K is filed solely to
include Item 7.01.
Item 5.02 Departure of Directors or Certain
Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangement of Certain Officers
On March 2, 2023, Better Choice Company Inc. (the "Company")
announced that Robert Sauermann, age 31, informed the Company of
his intention to resign from his position as Chief Operating
Officer of the Company. The resignation is effective March 17, 2023
and does not involve any disagreement or any matter relating to the
Company’s operations, policies or practices (financial or
otherwise).
Item 7.01 Regulation FD
Disclosure
On March 2, 2023, the Company issued a press release announcing
that it has streamlined operations and made a reduction in its
workforce. The reduction impacted approximately 25% of the
Company’s workforce and it expects to save approximately $2.2
million on an annual basis.
The information included in this Item 7.01 of this Current Report
on Form 8-K shall not be deemed “filed” under the Securities
Exchange Act of 1934, as amended, nor shall it be deemed
incorporated by reference in any filing under the Securities Act of
1933, as amended, except as may be expressly set forth by specific
reference to this Item 7.01 in such a filing.
Item 9.01 Financial Statements and
Exhibits
(d) Exhibits.
SIGNATURE
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.
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Better Choice Company Inc. |
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By: |
/s/ Sharla A. Cook |
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Name: |
Sharla A. Cook |
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Title: |
Chief Financial Officer |
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March 2, 2023 |
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Better Choice (AMEX:BTTR)
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