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): February 25, 2021
BLINK CHARGING CO. |
(Exact name of registrant as specified in its charter) |
Nevada | 001-38392 | 03-0608147 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
407
Lincoln Road, Suite 704 Miami Beach, Florida |
33139 | |
(Address of Principal Executive Offices) | (Zip Code) |
Registrant’s telephone number, including area code: (305) 521-0200 | |
N/A | |
(Former name or former address, if changed since last report.) |
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 | BLNK | The Nasdaq Stock Market LLC | ||
Common Stock Purchase Warrants | BLNKW | The Nasdaq Stock Market LLC |
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)) |
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. [ ]
CURRENT
REPORT ON FORM 8-K
Blink Charging Co. (the “Company”)
February 25, 2021
Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On February 25, 2021, Brendan S. Jones, the Company’s current Chief Operating Officer, was appointed by the Company’s Board of Directors to assume the duties and additional position as the President of the Company. On February 25, 2021, Mr. Jones was also elected to become a member of the Board of Directors, increasing the Company’s Board to seven members.
For biographical information concerning Mr. Jones, see the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission (SEC) on April 20, 2020. During the last two years, other than customary arrangements in connection with serving as the Company’s Chief Operating Officer, there have been no transactions or proposed transactions by the Company in which Mr. Jones has had or is to have a direct or indirect material interest, and there are no family relationships between Mr. Jones and any of the Company’s executive officers or directors.
In connection with Mr. Jones’ appointment as President, the Board’s Compensation Committee granted to Mr. Jones stock options to purchase 100,000 shares of common stock of the Company at an exercise price of $38.39 per share, the closing price of the Company’s shares on February 25, 2021. The stock options, which were granted under the terms of the Company’s 2018 Incentive Compensation Plan, are exercisable in three equal annual increments on the first, second and thirds anniversaries of the grant date.
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.
BLINK CHARGING CO. | ||
Dated: March 3, 2021 | By: | /s/ Michael D. Farkas |
Name: | Michael D. Farkas | |
Title: | Chairman and Chief Executive Officer |