Current Report Filing (8-k)
20 Janvier 2023 - 11:02PM
Edgar (US Regulatory)
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2023-01-17 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 17, 2023
WESTWATER RESOURCES, INC.
(Exact Name of Registrant as Specified in Charter)
|
Delaware |
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001-33404 |
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75-2212772 |
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(State or Other
Jurisdiction |
|
(Commission File Number) |
|
(IRS Employer |
|
of Incorporation) |
|
|
|
Identification No.) |
6950 S. Potomac Street,
Suite 300
Centennial,
Colorado |
|
80112 |
|
(Address of Principal Executive
Offices) |
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(Zip Code) |
Registrant’s telephone number, including area
code: (303)
531-0516
(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 (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)) |
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¨ |
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) |
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Name of Each Exchange
on Which Registered |
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Common Stock, $0.001 par value |
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WWR |
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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. ¨
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Item 1.01 |
Entry into a Material Definitive
Agreement. |
Effective January 17, 2023, in connection with his resignation from
Westwater Resources, Inc. (the “Company”) on January 16, 2023 (as
described in the Company’s Current Report on Form 8-K filed on
January 17, 2023), Chad M. Potter, the Company’s former President
and Chief Executive Officer, entered into an Agreement and Release
(the “Agreement”) with the Company respecting his resignation.
Under the Agreement, Mr. Potter will receive one year of base
salary, paid over the next 12 months, as severance and a portion of
stock awards under the Company’s long-term incentive plan for
fiscal 2020, 2021, and 2022. The Company also agreed to extend the
expiration date of his vested stock options for 90 days from
January 16, 2023. Under the terms of the Agreement, Mr. Potter also
provided a release of all claims against the Company.
The foregoing description of the Agreement is qualified in its
entirety by reference to the full text of the Agreement and Release
which is filed with this Current Report on Form 8-K as Exhibit
10.1.
| Item 9.01 |
Financial Statements and
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: January 20, 2023
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WESTWATER
RESOURCES, INC. |
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By: |
/s/Steven M. Cates |
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Name: |
Steven M.
Cates |
| |
Title: |
Senior Vice
President–Finance and Chief Financial Officer |
Westwater Resources (AMEX:WWR)
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Westwater Resources (AMEX:WWR)
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