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): May 31, 2018

 

TRACK GROUP, INC.

(Exact name of Registrant as specified in its Charter)

 

 


Delaware

000-23153

87-0543981

(State or other jurisdiction of incorporation)

(Commission File No.)

(IRS Employer Identification No.)


 



200 E. 5th Avenue, Suite 100, Naperville, Illinois 60563

 

(Address of principal executive offices)

 


 

(877) 260-2010

 

(Registrants Telephone Number)

 


 

Not Applicable

 

(Former name or 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):

¨

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 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2) 

 






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.

 

Effective May 31, 3018, Daniel Boone, Dirk van Daele, Eric Rosenblum and Ray Johnson resigned from their positions as directors on the Board of Directors of Track Group, Inc. (the Company) (the Resignations). The Resignations were tendered in connection with the Companys objective to decrease overall costs, and in recognition of recent changes in the composition of the Companys shareholders. None of the directors resigned due to any disagreement regarding the Companys operations, policies or practices. Going forward, the Board of Directors will be comprised of three directors.











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.

 






 

 

TRACK GROUP, INC.





Date: June 4, 2018

 

By:

 /s/ Peter K. Poli

 

 

 

Peter K. Poli

 

 

 

Chief Financial Officer