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): December 4, 2019
SEEDO CORP.
(Exact name of registrant as specified in its charter)
Delaware | 333-208814 | 47-2847446 | ||
(State of incorporation) | (Commission File Number) | (IRS Employer No.) |
HaCarmel 2
Yokneam, Israel 20692
(Address of principal executive offices and Zip Code)
+972 546 642 228
(Registrant’s telephone number, including area code)
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, par value $0.0001 | SEDO | OTCQB |
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 December 4, 2019, Seedo Corp (the “Company”) received a letter of resignation, effective immediately, from Ms. Pninat Yanay, one of the Company’s directors.
Ms. Yanay’s resignation was a result of a disagreement with the Company. Ms. Yanay’s resignation letter is attached as Exhibit 17.1 to this Current Report on Form 8-K. The Company rejects any allegations of impropriety referred to in Ms. Yanay’s letter.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. | Description | |
17.1 | Resignation letter of Ms. Pninat Yanay, dated December 4, 2019. |
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.
SEEDO CORP. | ||
Date: December 4, 2019 | By: | /s/ Zohar Levy |
Name: | Zohar Levy | |
Title: | Director, Chief Executive Officer |
2
Exhibit 17.1
I hereby tender my immediate resignation as a member of the Board of Directors (the “Board”) of Seedo Corporation (the “Company”)
Recently, I discovered several material decisions made (and carried out) by you which were undertaken without my knowledge or consultation in my capacity as a member of the Board and, as such, without Board approval. From what I can gather, and in light of my limited knowledge, such decisions may have an adverse effect on the financial condition of the Company. Unfortunately, I cannot continue serving as a member of the Board under such ircumstances
I wish the company success in its activities and vision
I trust you will take the necessary steps to legally disclose my resignation as required by SEC regulations and other applicable laws
Sincerely
Pninat yanay