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EX-99.1 - PRESS RELEASE, DATED AUGUST 1, 2018 - Ecoark Holdings, Inc.f8k080118a1ex99-1_ecoark.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):  August 1, 2018

 

Ecoark Holdings, Inc.

(Exact Name of Registrant as Specified in Charter)

 

Nevada   000-53361   30-0680177

(State or other jurisdiction

of incorporation)

  (Commission File Number)  

(IRS Employer

Identification No.)

     

 

 3333 S Pinnacle Hills Parkway, Suite 220, Rogers AR   72758
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (479) 259-2977

 

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:

 

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. ☐

 

  

 

This Amendment No. 1 on Form 8-K/A (this “Amendment No. 1”) is being filed to amend the Current Report on Form 8-K (the “Initial Form 8-K”) filed by Ecoark Holdings, Inc. and its subsidiary, Zest Labs, Inc. (collectively, the “Company”) with the Securities and Exchange Commission on August 1, 2018. This Amendment No. 1 to the Current Report on Form 8-K/A amends Item 9.01 to include corrected information in Exhibit No. 99.1 regarding the date of the Press Release, dated August 1, 2018.

 

 

Item 8.01.  Other Events

 

On August 1, 2018, Ecoark Holdings, Inc. and its subsidiary, Zest Labs, Inc. (collectively, the “Company”), filed a complaint, Case No. 4:18-cv-500-JM (the “Complaint”), against Walmart Incorporated in the United States District Court for the Eastern District of Arkansas, Western Division. The Complaint includes claims for violation of the Arkansas Trade Secrets Act, violation of the federal Defend Trade Secrets Act, breach of contract, unfair competition, unjust enrichment, breach of the covenant of good faith and fair dealing, conversion and fraud.

The Company is seeking damages of more than $2 billion and other related relief to the extent it is deemed proper by the court.

The Company does not believe that expenses incurred in pursuing the Complaint will have a material effect on the Company’s net income or financial condition for the fiscal year ended March 31, 2019 or any individual fiscal quarter.

A copy of the press release issued by the Company is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01   Financial Statements and Exhibits.

Exhibit No.   Description 
     
99.1   Press Release, dated August 1, 2018

 

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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:   August 1, 2018  ECOARK HOLDINGS, INC.
     
  By: /s/ Randy May
  Name: Randy May
  Title: Chief Executive Officer

 

 

 

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