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): May 25, 2017
SUSGLOBAL ENERGY CORP.
(Exact name
of registrant as specified in its charter)
Delaware | 333-209143 |
Applied For |
(State or other jurisdiction of | (Commission File Number) | (I.R.S. Employer Identification Number) |
incorporation) |
200 Davenport Road |
Toronto, ON, Canada, M5R 1J2 |
(Address of principal executive offices) (zip code) |
(416) 223-8500 |
(Registrant's telephone number, including area code) |
Copies to: |
Thomas Rose, Esq. |
Sichenzia Ross Ference Kesner LLP |
61 Broadway |
New York, New York 10006 |
Phone: (212) 930-9700 |
Fax: (212) 930-9725 |
(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): 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 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 [X]
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.11[ ]
SEC 873(04-17) | Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective May 25, 2017, SusGlobal Energy Corp. (the Company), has appointed Laurence W. Zeifman and Ryan Duffy to the companys board of directors.
Laurence W. Zeifman:
Laurence Zeifman, 55 years old, is a partner of Zeifmans LLP, ranked Canadas eighteenth largest CPA firm with a total staff of over 100. Since 1987, Mr. Zeifman has been a partner of Zeifmans LLP. Mr Zeifman attended the University of Toronto and received a Bachelor of Commerce in 1982 and his Chartered Accountants designation from the Institute of Chartered Accountants of Ontario in 1984.
Pursuant to a letter agreement between the Company and Mr. Zeifman, Mr. Zeifman agreed to serve as an independent member of the Companys board of directors and as chair of its audit committee for a one year term commencing on May 25, 2017. Pursuant to this agreement, the Company will pay Mr. Zeifman $1,000 per quarter and will issue him 20,000 shares of the Companys common stock at a price of $5.00 per share.
Ryan Duffy:
Ryan Duffy, 44 years old, is the president and CEO of Blackstone Energy Services, Inc., a Canadian firm that manages energy portfolios for a diverse range of companies across North America and the Caribbean. Blackstone is a leading provider of integrated custom energy management solutions that help large energy users manage their energy budget at risk, achieve efficiency improvements, implement renewable generation, and carbon offsetting. Mr. Duffy has been with Blackstone Energy Services since its inception in 2003. Mr. Duffy attended the University of Western Ontario and received a Bachelor in Political Science in 1993.
Pursuant to a letter agreement between the Company and Mr. Duffy, agreed to serve as an independent director of the company for a one year term commencing on May 25, 2017. Pursuant to this agreement, the Company will issue Mr. Duffy 20,000 shares of the Company's common stock at a price of $5.00 per share.
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.
SUSGLOBAL ENERGY CORP. | ||
Dated: May 31, 2017 | By: | /s/ Marc Hazout |
Name: Marc M. Hazout | ||
Title: President |
2