0000034067-20-000049.txt : 20200416 0000034067-20-000049.hdr.sgml : 20200416 20200416163126 ACCESSION NUMBER: 0000034067-20-000049 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20200416 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: 20200416 DATE AS OF CHANGE: 20200416 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DMC Global Inc. CENTRAL INDEX KEY: 0000034067 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS PRIMARY METAL PRODUCTS [3390] IRS NUMBER: 840608431 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14775 FILM NUMBER: 20796742 BUSINESS ADDRESS: STREET 1: 11800 RIDGE PARKWAY STREET 2: SUITE 300 CITY: BROOMFIELD STATE: CO ZIP: 80021 BUSINESS PHONE: 3036655700 MAIL ADDRESS: STREET 1: 11800 RIDGE PARKWAY STREET 2: SUITE 300 CITY: BROOMFIELD STATE: CO ZIP: 80021 FORMER COMPANY: FORMER CONFORMED NAME: DYNAMIC MATERIALS CORP DATE OF NAME CHANGE: 19941205 FORMER COMPANY: FORMER CONFORMED NAME: EXPLOSIVE FABRICATORS INC DATE OF NAME CHANGE: 19920703 8-K 1 a8-kofficerdeparture.htm 8-K Document


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): April 16, 2020 (April 10, 2020)

DMC Global Inc.
(Exact Name of Registrant as Specified in its Charter)
 
Delaware 0-8328 84-0608431
(State or Other Jurisdiction of
Incorporation)
 (Commission File Number) (I.R.S. Employer Identification No.)
 
11800 Ridge Parkway, Suite 300

Broomfield, Colorado  80021

(Address of Principal Executive Offices, Including Zip Code)
 
(303) 665-5700

(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:
 
o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o  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  o

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. o




Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
On April 10, 2020, John Scheatzle, the President of NobelClad, the composite metals business segment of DMC Global Inc. (the “Company”), announced his resignation from the Company effective May 1, 2020. A copy of the Company’s press release announcement is attached hereto as Exhibit 99.1 and is incorporated herein by reference.


Item 9.01 Financial Statements and Exhibits.
 
(d) Exhibits.


Exhibit NumberDescription
99.1


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.
 
 DMC GLOBAL INC.
  
  
Dated: April 16, 2020By:/s/ Michael Kuta
  Michael Kuta
  Chief Financial Officer


EX-99.1 2 pressreleaseapril152020.htm PRESS RELEASE, APRIL 15, 2020 Document
letterheadpage2v2a091.jpg
Exhibit 99.1

FOR IMMEDIATE RELEASE:CONTACT:
Geoff High, Vice President of Investor Relations
303-604-3924

DMC GLOBAL ANNOUNCES DEPARTURE OF NOBELCLAD PRESIDENT JOHN SCHEATZLE

BROOMFIELD, Colo. – April 15, 2020 – DMC Global Inc. (Nasdaq: BOOM) today announced John Scheatzle has resigned as president of NobelClad, DMC’s composite metals business. Scheatzle joined NobelClad in November 2016.

DMC CEO Kevin Longe said, “I want to thank John for his leadership during the past three years, and wish him success as he pursues a new career opportunity.”

Longe added, “The NobelClad business is very well positioned for the future. Its talented leadership team has established an efficient global operating structure and a compelling growth strategy. In addition, its commercial team has been pursuing a range of new-business opportunities that are materializing. First quarter 2020 bookings of $29 million were the second strongest in the past five years, and order backlog at the end of the quarter was $41 million, up from $32 million at the end of the prior quarter.”

About DMC
DMC Global is a diversified holding company. Our innovative businesses provide differentiated products and services to niche industrial and commercial markets around the world. DMC’s objective is to identify well-run businesses and strong management teams and support them with long-term capital and strategic, legal, technology and operating resources. Our approach helps our portfolio companies grow core businesses, launch new initiatives, upgrade technologies and systems to support their long-term strategy, and make acquisitions that improve their competitive positions and expand their markets. DMC’s culture is to foster local innovation versus centralized control, and stand behind our businesses in ways that truly add value. Today, DMC’s portfolio consists of DynaEnergetics and NobelClad, which collectively address the energy, industrial processing and transportation markets. Based in Broomfield, Colorado, DMC trades on Nasdaq under the symbol “BOOM.” For more information, visit the Company’s website at: http://www.dmcglobal.com.


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