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): November 11, 2020
VIRTRA, INC.
(Exact name of Registrant as Specified in Its Charter)
Nevada | 001-38420 | 93-1207631 | ||
(State or Other Jurisdiction | (Commission | (IRS Employer | ||
of Incorporation) | File Number) | Identification No.) |
7970 S. Kyrene Rd. | ||
Tempe, AZ | 85284 | |
(Address of Principal Executive Offices) | (Zip Code) |
Registrant’s Telephone Number, Including Area Code: (480) 968-1488
Not Applicable
(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 | ||
Common Stock, $0.0001 par value | VTSI | NASDAQ Capital Market |
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 [X]
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 November 11, 2020, Judy Henry, Chief Financial Officer of VirTra, Inc. (the “Company”), notified the Company that she intends to retire on December 11, 2020. The Company’s Board of Directors has initiated a search for Ms. Henry’s permanent replacement.
Item 7.01. Regulation FD Disclosure
On November 13, 2020, the Company issued a press release announcing Ms. Henry’s retirement. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. The information contained in the websites is not a part of this Current Report on Form 8-K.
The information in this Item 7.01 and Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. | Description | |
99.1 | Press release of registrant dated November 13, 2020. |
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.
VIRTRA, INC. | ||
Date: November 13, 2020 | By: | /s/ Robert D. Ferris |
Name: | Robert D. Ferris | |
Title: | Chief Executive Officer |
Exhibit 99.1
VirTra’s Chief Financial Officer Judy Henry to Retire in December
Board of Directors Initiates Search for a Permanent Replacement
TEMPE, Ariz. — November 13, 2020 — VirTra, Inc. (NASDAQ: VTSI), a global provider of training simulators for the law enforcement, military, educational, and commercial markets, today announced that its chief financial officer, Judy Henry, intends to retire in December 2020. As a result, VirTra’s board of directors has initiated a search for a permanent replacement.
“It has been my pleasure and privilege to serve as VirTra’s CFO and to be part of the company’s growth,” said Judy Henry. “To make the transition as smooth as possible, I intend to stay on through early December 2020. I’m very grateful to have been part of VirTra these last four years and especially proud of everything the team has accomplished during that time. These accomplishments have culminated in the company being in its strongest position ever, and I am confident the team will be able to continue building on this success in the years ahead.”
Bob Ferris, chairman and chief executive officer of VirTra, commented, “On behalf of our entire organization, I’d like to thank Judy for the numerous contributions she made to VirTra during a critical stage of our company’s evolution. She’s been an integral part of our leadership team, and we’re very grateful to have benefitted from her expertise. We wish her well, and her accomplishments at VirTra will long be remembered.”
Jeffrey Brown, chairman of VirTra’s audit committee, added, “We’re fortunate to have Judy stay on as VirTra’s CFO into December to help us with the transition period. The board of directors has already initiated a search for a permanent replacement to help lead VirTra through its next phase of growth.”
About VirTra
VirTra (NASDAQ: VTSI) is a global provider of judgmental use of force training simulators, firearms training simulators and driving simulators for the law enforcement, military, educational and commercial markets. The company’s patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship and related training that mimics real-world situations. VirTra’s mission is to save and improve lives worldwide through practical and highly effective virtual reality and simulator technology. Learn more about the company at www.VirTra.com.
Investor Relations Contact:
Matt Glover or Charlie Schumacher
VTSI@gatewayir.com
949-574-3860