0001564590-17-018954.txt : 20170922 0001564590-17-018954.hdr.sgml : 20170922 20170922165221 ACCESSION NUMBER: 0001564590-17-018954 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170918 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20170922 DATE AS OF CHANGE: 20170922 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Great Basin Scientific, Inc. CENTRAL INDEX KEY: 0001512138 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 830361454 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36662 FILM NUMBER: 171098063 BUSINESS ADDRESS: STREET 1: 420 E. SOUTH TEMPLE STREET 2: SUITE 520 CITY: SALT LAKE CITY STATE: UT ZIP: 84111 BUSINESS PHONE: (801) 990-1055 MAIL ADDRESS: STREET 1: 420 E. SOUTH TEMPLE STREET 2: SUITE 520 CITY: SALT LAKE CITY STATE: UT ZIP: 84111 8-K 1 gbsn-8k_20170922.htm 8-K gbsn-8k_20170922.htm

 

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):  September 18, 2017 

 

GREAT BASIN SCIENTIFIC, INC.

 (Exact name of registrant as specified in its charter)

 

Delaware

 

001-36662

 

83-0361454

(State or other jurisdiction
of incorporation)

 

(Commission File Number)

 

(I.R.S. Employer
Identification No.)

 

420 E. South Temple, Suite 520, Salt Lake City, UT

(Address of principal executive offices)

 

84111

(Zip code)

 

(801) 990-1055

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K 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))

 

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.

 

(e) Compensatory Arrangements of Certain Officers

 

On September 18, 2017, Great Basin Scientific, Inc. (the “Company”) and Mr. Rona agreed to amend his employment agreement such that Mr. Rona will devote approximately 20 hours a week to the Company at a revised salary of $104,000. 

 

 

Item 9.01 Financial Statements and Exhibits.

 

(d)

Exhibits

 

 

*Filed herewith.

 

 

 

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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

GREAT BASIN SCIENTIFIC, INC.

 

 

 

 

 

 

 

 

 

 

 

Date: September 22, 2017

 

 

 

By:

 

/s/ Ryan Ashton

 

 

 

 

 

 

Ryan Ashton

 

 

 

 

 

 

President and Chief Executive Officer

  

 

 

 EX-10.1 2 gbsn-ex101_45.htm EX-10.1 gbsn-ex101_45.htm

Exhibit 10.1

 

September 22, 2017

 

 

Ryan Ashton

President, Chief Executive Officer

Great Basin Scientific, Inc.

2441 South 3850 West

Salt Lake City, UT 84120

 

 

Re:

Employment Agreement between Great Basin Scientific, Inc. and Jeffrey Rona

 

Dear Mr. Ashton:

 

 This letter constitutes and amendment of the Employment Agreement between Great Basin Scientific, Inc. (“Great Basin”) and Jeffrey Rona (“Mr. Rona”) (collectively, the “Parties.”) (the “Agreement”).  Pursuant to paragraph 25 of the Agreement, by the Parties’ signatures below, the Parties agree to the following amendments to the Agreement:

 

 

1.

“Agreement Section (1) Employment” is hereby modified as follows:  The fourth sentence in this paragraph shall state “Employee will devote approximately 20 hours per week to achieving the purpose and discharging the responsibilities assigned Employee.” The seventh sentence shall state “During Employee’s employment, Employee may engage in other business activities, provided that those business activities do not, in the reasonable judgment of the CEO of Employer, conflict with the duties of Employee under this Agreement, whether or not such activity is pursued for gain, profit or other pecuniary advantage.”

 

2.

“Agreement Section (3) Base Salary” is hereby modified as follows:  “Employer will pay to Employee a base salary (“Base Salary”) at an annual rate of $104,000 in such installments (but in no event less than monthly), subject to withholdings and deductions as required or permitted by law, as is Employer’s policy with respect to other employees.”

 

Sincerely,

 

/s/ Jeffrey Rona

________________________________

Jeffrey Rona

 

 

Ryan Ashton

Page 2

____________________

 

 

EMPLOYER:

 

GREAT BASIN SCIENTIFIC, INC.

 

 

/S/ Ryan Ashton

By: ____________________________

 

Name: Ryan Ashton

Title: President, CEO