0001104659-16-095224.txt : 20160210 0001104659-16-095224.hdr.sgml : 20160210 20160210060416 ACCESSION NUMBER: 0001104659-16-095224 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20160209 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20160210 DATE AS OF CHANGE: 20160210 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AgroFresh Solutions, Inc. CENTRAL INDEX KEY: 0001592016 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 464007249 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36316 FILM NUMBER: 161401959 BUSINESS ADDRESS: STREET 1: 100 S. INDEPENDENCE MALL WEST CITY: PHILADELPHIA STATE: PA ZIP: 19106 BUSINESS PHONE: 215-592-3687 MAIL ADDRESS: STREET 1: 100 S. INDEPENDENCE MALL WEST CITY: PHILADELPHIA STATE: PA ZIP: 19106 FORMER COMPANY: FORMER CONFORMED NAME: Boulevard Acquisition Corp. DATE OF NAME CHANGE: 20131114 8-K 1 a16-3911_18k.htm 8-K

 

 

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): February 9, 2016

 

AgroFresh Solutions, Inc.
(Exact Name of Registrant as Specified in Charter)

 

Delaware
(State or other jurisdiction
of incorporation)

 

001-36316
(Commission File Number)

 

46-4007249
(I.R.S. Employer
Identification Number)

 

 

 

 

 

100 S. Independence Mall West
Philadelphia, PA

(Address of principal executive offices)

 

 

19106
(Zip code)

 

(215) 592-3687
(Registrant’s telephone number, including area code)

 

Not Applicable
(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:

 

o                                    Written communications pursuant to Rule 425 under the Securities Act

 

o                                    Soliciting material pursuant to Rule 14a-12 under the Exchange Act

 

o                                    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

 

o                                    Pre-commencement communications pursuant to Rule 13e-4(c) under 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 February 9, 2016, Mark Ein resigned as a member of the board of directors (the “Board”) of AgroFresh Solutions, Inc. (the “Company”). Mr. Ein’s resignation was not the result of any dispute or disagreement with the Company.

 

Also on February 9, 2016, Marc Lasry was appointed as a member of the Board, to fill the vacancy created by Mr. Ein’s resignation. Mr. Lasry was also appointed to the audit committee of the Board.

 

The Company issued a press release regarding the foregoing on February 9, 2016. A copy of the press release is being filed as Exhibit 99.1 to this Form 8-K.

 

Item 9.01 Exhibits

 

(d) Exhibits.

 

Exhibit
Number

 

Exhibit

 

 

 

99.1

 

Press Release issued by the Company on February 9, 2016.

 

2



 

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.

 

Dated: February 9, 2016

 

 

AGROFRESH SOLUTIONS, INC.

 

 

 

By:

/s/ Thomas Ermi

 

 Name:

Thomas Ermi

 

 Title:

Vice President and General Counsel

 

3



 

EXHIBIT INDEX

 

Exhibit
Number

 

Exhibit

 

 

 

99.1

 

Press Release issued by the Company on February 9, 2016.

 

4


EX-99.1 2 a16-3911_1ex99d1.htm EX-99.1

Exhibit 99.1

 

GRAPHIC

 

AGROFRESH ANNOUNCES TWO CHANGES TO BOARD OF DIRECTORS

 

Philadelphia, PA — February 9, 2016 - AgroFresh (NASDAQ: AGFS, AGFSW), a global leader in produce freshness solutions, announced today that Avenue Capital Group Chairman, Chief Executive Officer and Co-Founder Marc Lasry will join the Company’s Board of Directors, effective immediately. Mr. Lasry will replace Mark Ein, who has voluntarily stepped down from his post as an independent director given his other business and civic responsibilities.

 

“Mr. Ein brought a vast array of leadership experiences to our Board, with a strong track record in M&A and an intimate understanding of the agrochemical industry. We were fortunate to have his extensive experience and guidance available to us as we collaborated on our spin-out from Dow and went through the process of becoming a public company.  He was generous with his time and counsel, particularly given the breadth of his existing commitments, and we are sorry to see him leave the Board” said AgroFresh Chief Executive Officer Tom Macphee.

 

Mr. Ein is an investor, entrepreneur and philanthropist, who has created, acquired, invested in and built a series of growth companies across a diverse set of industries over the course of his career. He is the Chairman and CEO of Capitol Acquisition 3, founder of Venturehouse Group, LLC, an investment holding company, and Chairman of Lindblad Expeditions, a global leader in marine expedition travel.  He is also the Co-Chairman and Principal Shareholder of Kastle Systems, LLC, one of the country’s leading providers of electronic security and video systems for the commercial real estate industry and a member of the boards of numerous educational and philanthropic organizations.

 

“I am delighted that Mr. Lasry will be joining our Board of Directors,” Mr. Macphee added, “allowing us to capitalize on his expertise positioning companies for market leadership. His intimate understanding of our business and industry will be valuable as we chart a course toward long-term, sustainable growth.  Marc is well placed to make an immediate impact on our business, and we look forward to his contributions.”

 



 

Mr. Lasry currently serves as the Chairman, Chief Executive Officer and Co-Founder of Avenue Capital Group and brings over 32 years of experience. Mr. Lasry is also a member of the Council on Foreign Relations, and serves on the Board of Directors of The Clinton Global Initiative, and the Board of the 92nd Street Y.  He previously served as a member of the Board of Trustees of The Mount Sinai Medical Center.

 

The AgroFresh board currently has eight members, of which seven are considered independent.  The board is led by Chairwoman Nance K. Dicciani, and includes experienced managers with tenure in the agricultural, chemical and financial industries, and in the growth of start-up companies.

 

About AgroFresh

 

AgroFresh Solutions, Inc. (NASDAQ: AGFS) is a global industry leader in providing innovative data-driven specialty solutions aimed at enabling growers and packers of fresh produce to preserve and enhance the freshness, quality and value of fresh produce and to maximize the percentage of produce supplied to the market relative to the amount of produce grown. Its flagship product is the SmartFresh™ Quality System, a freshness protection technology proven to maintain firmness, texture and appearance of fruits during storage and transport. SmartFresh is currently commercialized in over 40 countries worldwide. For more information, please visit http://www.agrofresh.com/home

 

Forward-Looking Statements

 

In addition to historical information, this release may contain “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this release that address activities, events or developments that the Company expects or anticipates will or may occur in the future are forward-looking statements and are identified with, but not limited to, words such as “will”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions (or the negative versions of such words or expressions). Forward-looking statements include, without limitation, information concerning the Company’s anticipated future growth and market position. These statements are based on management’s current expectations and beliefs, as well as a number of assumptions concerning future events. Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s management’s control that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks include, without limitation, the effects of competition, portfolio concentration, costs related to operating AgroFresh as a stand-alone public company, changes in applicable

 



 

laws or regulations, and the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors. Additional risks and uncertainties are identified and discussed in the Company’s filings with the SEC, including the quarterly report on Form 10-Q filed on November 16, 2015 and available at the SEC’s website at www.sec.gov.

 

Contact:

 

Margaret M. Loebl

Executive Vice President and Chief Financial Officer

AgroFresh Solutions, Inc.

+1 (215) 592-2820

 

#  #  #

 


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