0001654954-20-005503.txt : 20200514 0001654954-20-005503.hdr.sgml : 20200514 20200514170058 ACCESSION NUMBER: 0001654954-20-005503 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200508 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20200514 DATE AS OF CHANGE: 20200514 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IOTA COMMUNICATIONS, INC. CENTRAL INDEX KEY: 0001095130 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 223586087 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-27587 FILM NUMBER: 20878713 BUSINESS ADDRESS: STREET 1: 540 UNION SQUARE CITY: NEW HOPE STATE: PA ZIP: 18938 BUSINESS PHONE: 973-339-3855 MAIL ADDRESS: STREET 1: 540 UNION SQUARE CITY: NEW HOPE STATE: PA ZIP: 18938 FORMER COMPANY: FORMER CONFORMED NAME: Solbright Group, Inc. DATE OF NAME CHANGE: 20171106 FORMER COMPANY: FORMER CONFORMED NAME: ARKADOS GROUP, INC. DATE OF NAME CHANGE: 20061002 FORMER COMPANY: FORMER CONFORMED NAME: CDKNET COM INC DATE OF NAME CHANGE: 19990916 8-K 1 iotc_8k.htm CURRENT REPORT iotc_8k
 

  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): May 8, 2020
 
 
IOTA COMMUNICATIONS, INC.
(Exact name of registrant as specified in its charter)
 
 
 
 
 
 
Delaware
 
000-27587
 
22-3586087
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)
 
600 Hamilton Street, Suite 1010
Allentown, PA 18101
(Address of principal executive offices) 
 
 
Registrant’s telephone number, including area code: (855) 743-6478
 
 
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 (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))
 
 
☐
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: None
 
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 May 8, 2020, in connection with the winddown of its Spectrum Partners Program and the shifting of those activities to Iota Spectrum Holdings, LLC, Iota Communications, Inc. (the “Company”) entered into an agreement with Carole L. Downs to terminate her employment as President, Spectrum Partners effective July 3, 2020. Ms. Downs will remain a member of the Board of Directors of the Company. In connection with her termination of employment, Ms. Downs did not express any disagreement on any matter relating to the Company’s operations, policies, or practices.
 
 
 
 
   
 
 
 
 
 
 
 
 
 
 
 
 
 
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.
 
 
IOTA COMMUNICATIONS, INC.
 
 
 
 
 
Date: May 14, 2020
By:  
/s/ Terrence DeFranco
 
 
Name:  
Terrence DeFranco 
 
 
Title:  
Chief Executive Officer