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EX-99.1 - EXHIBIT 99.1 - Vislink Technologies, Inc.v397550_ex99-1.htm

 

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): December 23, 2014

 

xG Technology, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware 333-187094 20-585-6795
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)

 

240 S. Pineapple Avenue, Suite 701, Sarasota, FL  34236
(Address of principal executive offices)  (Zip Code)

   

Registrant's telephone number, including area code: (941) 953-9035

 

n/a

(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):

 

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  
oPre-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

 

On December 23, 2014, Larry Townes notified xG Technology, Inc. (the “Company”) that he would resign from his position as a member of the Company’s board of directors (the “Board”), effective December 31, 2014. Mr. Townes’ resignation was not as a result of any disagreements with the Company.

 

Item 8.01 Other Events

 

On December 24, 2014, the Company issued a press release announcing the resignation of Mr. Townes from the Board, a copy of which is attached to this Report as Exhibit 99.1.

  

Item 9.01Financial Statements and Exhibits

 

(d) Exhibits

 

Exhibit No.   Description
99.1   Press Release dated December 24, 2014

 

 
 

 

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: December 24, 2014   xG TECHONOLOGY, INC.
  By: /s/ John C. Coleman
   

Name: John C. Coleman

Title: Chief Executive Officer