Current Report Filing (8-k)
November 07 2016 - 4:24PM
Edgar (US Regulatory)
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 7, 2016 (November 2, 2016)
PARETEUM CORPORATION
(Exact name of registrant as specified in
Charter)
Delaware
|
000-030061
|
95-4557538
|
(State or other jurisdiction of
incorporation)
|
(Commission File Number)
|
(IRS Employer
Identification No.)
|
100 Park Avenue
New York, NY 10017
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including
area code: (212) 984-1096
N/A
(Former Name or Former Address, if Changed
Since Last Report)
Copies to:
Darrin M. Ocasio,
Esq.
Sichenzia Ross
Ference Kesner LLP
61 Broadway, 32nd
Floor
New York, NY 10006
Phone (212) 930-9700
Fax (212) 930-9725
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))
Item 5.02 Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Armin Gustav Hessler submitted his resignation
as the Company’s Chief Operations Officer effective as of November 2, 2016. The Company has agreed to make monthly cash severance
payments to Mr. Hessler for a period of nine months from the date of his resignation, equal to an aggregate gross amount of Euro
180,000. The Company has also agreed to allow Mr. Hessler to keep an aggregate of 2,200,000 vested stock options. Mr.
Hessler did not resign as a result of any disagreement with the Company on any matter relating to the Company's operations, policies
or practices.
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:
November 7, 2016
|
PARETEUM CORPORATION
|
|
|
|
|
|
|
|
|
|
By:
|
/s/ Alexander Korff
|
|
|
Name: Alexander Korff
|
|
Title: General Counsel
|
Elephant Talk Communication Corp. Delaware (AMEX:ETAK)
Historical Stock Chart
From Apr 2024 to May 2024
Elephant Talk Communication Corp. Delaware (AMEX:ETAK)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about Elephant Talk Communication Corp. Delaware (American Stock Exchange): 0 recent articles
More Pareteum Corp News Articles