Form 8-K - Current report
25 July 2023 - 6:15AM
Edgar (US Regulatory)
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2023-07-18
2023-07-18
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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): July 18, 2023
___________________________________________
ADAMIS PHARMACEUTICALS CORPORATION
(Exact Name of Registrant as Specified in Charter)
Delaware |
|
0-26372 |
|
82-0429727 |
(State or other jurisdiction of incorporation) |
|
(Commission File Number) |
|
(IRS Employer Identification No.) |
11682 El Camino Real, Suite 300
San Diego, CA |
|
92130 |
(Address of Principal Executive Offices) |
|
(Zip Code) |
Registrant’s telephone number, including area
code: (858) 997-2400
(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 Exchange Act:
Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on
which registered |
Common Stock |
|
ADMP |
|
NASDAQ Capital Market |
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 July 18, 2023, David C. Benedicto, the chief financial
officer and principal accounting officer of Adamis Pharmaceuticals Corporation (the “Company”), notified the Company that
he was tendering his resignation from the Company effective July 21, 2023. Mr. Benedicto’s resignation was not a result of any disagreement
with the Company or its independent auditors on any matter relating to the Company’s financial statements or accounting policies
or practices. The Company will commence a search for a new chief financial officer. In the interim, David J. Marguglio, the Company’s
President and Chief Operating Officer, will assume the duties of chief financial officer of the Company on an interim basis
until the Company appoints a successor, and the board of directors of the Company has approved that appointment. Mr. Marguglio joined
the Company as Vice President, Business Development and Investor Relations, and a director in April 2009, and was appointed as President
and Chief Executive Officer of the Company in May 2022 and was Chief Executive Officer until the Company’s merger in May 2023 with
DMK Pharmaceuticals Corporation. He has held positions with the Company of Senior Vice President of Corporate Development and, since March
2017, Senior Vice President and Chief Business Officer. Prior to Adamis, Mr. Marguglio held various positions with Citigroup Global
Markets, Salomon Smith Barney and Merrill Lynch. Before entering the financial industry, he worked as a financial analyst and founded
and ran two different startup companies, the latter of which was eventually acquired by a Fortune 100 company. He received a degree in
finance and business management from the Hankamer School of Business at Baylor University. The selection of Mr. Marguglio to serve as
chief financial officer was not made pursuant to any arrangement or understanding with any other person. The
Company has previously entered into its form of indemnity agreement with Mr. Marguglio. There are no family relationships between Mr.
Marguglio and any director or executive officer of the Company, and, except as set forth above, Mr. Marguglio does not have any other
direct or indirect material interest in any transaction or proposed transaction required to be reported under Item 404(a) of Regulation
S-K.
Item 9.01 |
Financial Statements and Exhibits |
(d) Exhibits
Exhibit
No. |
|
Description |
|
|
|
104 |
|
Cover Page
Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) |
|
|
|
|
|
SIGNATURE
Pursuant to the requirements
of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
|
ADAMIS PHARMACEUTICALS CORPORATION |
|
|
|
|
|
|
Dated: July 24, 2023 |
By: |
/s/ Ebrahim Versi |
|
Name: |
Ebrahim Versi |
|
Title: |
Chief Executive Officer |
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