UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 9, 2020

TRANS WORLD ENTERTAINMENT CORPORATION
(Exact Name of Registrant as Specified in Charter)

New York
 
0-14818
 
14-1541629
         
(State or Other Jurisdiction of Incorporation)
 
(Commission File Number)
 
(I.R.S. Employer Identification No.)

38 Corporate Circle,
Albany, New York 12203

(Address of Principal Executive Offices, and Zip Code)

(518) 452-1242

Registrant’s Telephone Number, Including Area Code

Not Applicable

 (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 communication 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 communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

  ☐
Pre-commencement communication 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 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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. ☐
 
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 shares, $0.01 par value per share
TWMC
NASDAQ Stock Market

Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
 
On April 9, 2020, the Board of Directors appointed Kunal Chopra, Chief Executive Officer of etailz Inc., a wholly-owned subsidiary of Trans World Entertainment Corporation (the “Company”), as the Principal Executive Officer of the Company. His compensation and terms of employment remain unchanged from the terms set forth in his July 5, 2019, offer letter, which was filed as exhibit 10.1 to the Company’s Form 10-Q filed September 17, 2019.  Mr. Chopra has no family relationship with any other director or other executive officer of the Company. There are no transactions in which Mr. Chopra has an interest requiring disclosure under Item 404(a) of Regulation S-K.
 
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.
 
Dated:  April 14, 2020
TRANS WORLD ENTERTAINMENT CORPORATION
 
 
By:
/s/ Edwin Sapienza
 
 

Name:
Edwin Sapienza
 
 
Title:
Chief Financial Officer


Trans World Entertainment (NASDAQ:TWMC)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Trans World Entertainment Charts.
Trans World Entertainment (NASDAQ:TWMC)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Trans World Entertainment Charts.