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): September 2, 2022

 

Dynatronics Corporation

(Exact name of registrant as specified in its charter)

 

Utah

 

0-12697

 

87-0398434

(State or other jurisdiction

of incorporation)

 

Commission

File Number

 

(IRS Employer

Identification Number)

 

1200 Trapp Rd, Eagan, Minnesota

 

55121

(Address of principal executive offices)

 

(Zip Code)

 

(801) 568-7000

(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:

 

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 14(d)-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, no par value

 

DYNT

 

The 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.

 

Resignation of Principal Accounting Officer

 

On September 2, 2022, the Company received notice from Skyler Black of his resignation as Corporate Controller, Corporate Secretary and Principal Accounting Officer of the Company, effective September 16, 2022, in order to pursue other professional opportunities. Mr. Black’s resignation is not related to any disagreement with the Company or due to any matter relating to the Company’s operations, policies, or practices, including accounting principles and practices.

 

Interim Principal Accounting Officer

 

In connection with Mr. Black’s resignation, effective September 16, 2022, John Krier will assume the responsibilities of Principal Accounting Officer on an interim basis while the Company conducts its search process to identify and appoint a new Principal Accounting Officer.

 

Mr. Krier has served as the Company’s Chief Executive Officer since July 7, 2020, and as the Company’s Chief Financial Officer since July 22, 2022, and will continue to serve in those capacities.

 

 

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SIGNATURE

 

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.

 

Date: September 7, 2022

DYNATRONICS CORPORATION

 

 

 

 

 

By:

/s/ John Krier

 

 

Name: 

John Krier

 

 

Title:

President and Chief Executive Officer

 

 

 

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