Amended Current Report Filing (8-k/a)
April 23 2020 - 06:07AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
(Amendment No. 1)
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
JANONE INC.
(Exact Name of Registrant as Specified in Charter)
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Nevada
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000-19621
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41-1454591
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(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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325 E. Warm Springs Road, Suite 102
Las Vegas, NV 89119
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(Address of Principal Executive Offices and Zip Code)
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Registrant’s telephone number, including area code:
702-997-5968
(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):
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☐
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Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
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☐
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading
Symbol(s)
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Name of each exchange on which registered
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Common Stock, $0.001 par value per share
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JAN
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The NASDAQ Stock Market LLC
(The NASDAQ Capital Market)
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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.
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INTRODUCTORY NOTE
On April 22, 2020, JanOne Inc. (the “Company”) filed a Current
Report on Form 8-K (the “Report”) with the Securities and Exchange
Commission to announce the deferral of salary for members of the
Company’s management. This Amendment No. 1 to the Current Report on
Form 8-K/A amends and restates the prior disclosure.
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Item 5.02
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Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
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On April 6, 2020, and in response to
the impacts of the COVID-19 virus and public health crisis on the
business of JanOne Inc. (the “Company”), the Company
disclosed that in an effort to manage its financial position and
further preserve financial flexibility and longevity, it has
temporarily closed its corporate office and call center, and idled all
of its recycling processing centers in the United States and
Canada. In support of these actions, on April 16, 2020,
Tony Isaac, the Company’s Chief Executive Officer, Eric Bolling,
the Company’s President and Chairman of the Board of Directors,
Virland A. Johnson, the Company’s Chief Financial Officer, and
other members of management have agreed to forgo one week’s pay
each month starting in April 2020 and continuing through June
2020. At such time, the Company’s management intends to
review the then current status of the Company’s operations in light
of the COVID-19 virus and public health crisis and determine
whether it is commercially prudent for the Company and its
stockholders to resume such payments.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, we have duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
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JanOne Inc.
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By:
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/s/ Tony Isaac
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Name: Tony Isaac
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Title: Chief Executive Officer
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Dated: April 22, 2020
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