Form 8-K - Current report
07 November 2023 - 9:00AM
Edgar (US Regulatory)
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0001022505
0001022505
2023-11-06
2023-11-06
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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): November 6, 2023
SideChannel,
Inc. |
(Exact name of registrant as specified in its charter) |
Delaware |
|
000-28745 |
|
86-0837077 |
(State or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS Employer
Identification No.) |
146
Main Street, Suite 405, Worcester, MA 01608
(Address
of principal executive offices) (Zip Code)
(508)
925-0114
(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 (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 Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common
Stock, par value $0.001 per share |
|
SDCH |
|
OTC
Markets Group (OTCQB) |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities 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.
Departure
of Director
On
November 6, 2023, Anthony Ambrose, a current Member of the Board of Directors (“Board”) of SideChannel, Inc., (the “Company”),
and the Chairman of the Nomination and Corporate Governance Committee, has informed the Company of his upcoming retirement from the Board
of Directors.
Mr.
Ambrose will remain a member of the Board until the Company’s next Annual Stockholders Meeting (“Annual Meeting”),
at which time Mr. Ambrose will not stand for re-election as a Member of the Board.
Mr.
Ambrose’s departure is not the result of any disagreement with the Company’s management, the Company’s Board or the
Company on any matter related to its operations, policies or practices.
In
recognition of Mr. Ambrose’s tenure and contributions to the Company during his nearly five years of service as a member
of the Board, the Company will accelerate the vesting of Mr. Ambrose’s 333,334 restricted stock units, which were awarded to Mr.
Ambrose on July 2, 2022 and previously scheduled to vest pro-ratably on June 1, 2024 and on June 1, 2025. The full amount of unvested
restricted stock units will now vest on January 2, 2024. The full terms of Mr. Ambrose’s separation will
be formalized in a forthcoming Separation Agreement between the Company and Mr. Ambrose.
In
accordance with the requirements of Item 5.02(a) of Form 8-K, the Company has provided Mr. Ambrose with a copy of the disclosures contained
in this Current Report on Form 8-K no later than the day of filing this Form 8-K with the Securities and Exchange Commission.
Item
9.01 Financial Statements and Exhibits
(a)
Exhibits.
Exhibit
No. |
|
Description |
104 |
|
Cover
Page Interactive Data File (embedded within the Inline XBRL document) |
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.
|
SideChannel,
Inc. |
|
|
|
Date:
November 6, 2023 |
By:
|
/s/
Brian Haugli |
|
Name:
|
Brian
Haugli |
|
Title:
|
Chief
Executive Officer |
v3.23.3
Cover
|
Nov. 06, 2023 |
Cover [Abstract] |
|
Document Type |
8-K
|
Amendment Flag |
false
|
Document Period End Date |
Nov. 06, 2023
|
Entity File Number |
000-28745
|
Entity Registrant Name |
SideChannel,
Inc.
|
Entity Central Index Key |
0001022505
|
Entity Tax Identification Number |
86-0837077
|
Entity Incorporation, State or Country Code |
DE
|
Entity Address, Address Line One |
146
Main Street
|
Entity Address, Address Line Two |
Suite 405
|
Entity Address, City or Town |
Worcester
|
Entity Address, State or Province |
MA
|
Entity Address, Postal Zip Code |
01608
|
City Area Code |
(508)
|
Local Phone Number |
925-0114
|
Written Communications |
false
|
Soliciting Material |
false
|
Pre-commencement Tender Offer |
false
|
Pre-commencement Issuer Tender Offer |
false
|
Title of 12(b) Security |
Common
Stock, par value $0.001 per share
|
Trading Symbol |
SDCH
|
Entity Emerging Growth Company |
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