false 0001514056 0001514056 2025-02-09 2025-02-09 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

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): February 9, 2025

 

TITAN ENVIRONMENTAL SOLUTIONS INC.

(Exact name of registrant as specified in charter)

 

Nevada   000-56148   30-0580318

(State or other Jurisdiction of

Incorporation or Organization)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

 

300 E. Long Lake Road, Suite 100A

Bloomfield Hills, Michigan

   48304
(Address of Principal Executive Offices)   (zip code)

 

(248) 775-7400

(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 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(b) under the Exchange Act (17 CFR 240.14a-12(b))
   
☐ 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
N/A   N/A   N/A

 

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. ☐

 

 

 

 

 

 

Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

 

On February 13, 2025, Jeff Rizzo, a member of the Board of Directors (the “Board”) of Titan Environmental Solutions, Inc. (the “Company”), announced his resignation from the Board and all committees thereof. Mr. Rizzo had been a member of the Board since May 19, 2023, at which time the Company acquired Titan Trucking LLC, the Company’s operating subsidiary for which Mr. Rizzo was at that time the Managing Member. Mr. Rizzo previously had, on February 9, 2025, resigned as the Company’s Chief Operating Officer. To the knowledge of the Company, Mr. Rizzo’s decision to resign from the Board was a result of his resignation as an executive officer of the Company and was not related to any disagreements with the Company on any matter relating to its operations, policies or practices or any issues regarding financial disclosures, accounting or legal matters.

 

Following Mr. Rizzo’s resignation from the Board, the Board removed Mr. Rizzo as the President of its operating subsidiaries, Titan Trucking LLC, Standard Trucking LLC and Standard Waste Services, LLC (“Standard”), and appointed Glen Miller, the Company’s Chief Executive Officer, as the President of those subsidiaries. The Board also expanded the role of Dominic Campo, a consultant to the Company and the former Chief Executive of Standard, to oversee the day-to-day operations of the Company’s operating subsidiaries. Mr. Campo was the Chief Executive Officer of Standard at the time of the Company’s acquisition of Standard in May 2024.

 

 

 

 

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.

 

Date: February 14, 2025 TITAN ENVIRONMENTAL SOLUTIONS INC.
     
  By: /s/ Glen Miller
    Glen Miller
    Chief Executive Officer

 

 

 

v3.25.0.1
Cover
Feb. 09, 2025
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Feb. 09, 2025
Entity File Number 000-56148
Entity Registrant Name TITAN ENVIRONMENTAL SOLUTIONS INC.
Entity Central Index Key 0001514056
Entity Tax Identification Number 30-0580318
Entity Incorporation, State or Country Code NV
Entity Address, Address Line One 300 E. Long Lake Road
Entity Address, Address Line Two Suite 100A
Entity Address, City or Town Bloomfield Hills
Entity Address, State or Province MI
Entity Address, Postal Zip Code 48304
City Area Code (248)
Local Phone Number 775-7400
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Titan Environmental Solu... (QB) (USOTC:TESI)
Historical Stock Chart
From Jan 2025 to Feb 2025 Click Here for more Titan Environmental Solu... (QB) Charts.
Titan Environmental Solu... (QB) (USOTC:TESI)
Historical Stock Chart
From Feb 2024 to Feb 2025 Click Here for more Titan Environmental Solu... (QB) Charts.