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 6, 2018
Drone USA, Inc.
(Exact name of registrant as specified in its charter)
Delaware | 000-55789 | 30-0967943 | ||
(state or other jurisdiction of incorporation) |
(Commission File Number) | (IRS Employer Identification Number) |
16 Hamilton Street, West Haven, CT 06516
(address of principal executive offices) (zip code)
(203) 220-2296
(registrant’s telephone number, including area code)
(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):
☐ | 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)) |
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. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On August 6, 2018, the Board of Directors of the registrant appointed Matthew Wiles, currently Vice President of Business Operations of the registrant’s wholly-owned subsidiary, Howco Distributing Co. (“Howco”), the principal source of the registrant’s revenues. The Board believes that the knowledge that Matthew Wiles has of the business of Howco and his importance to its continued generation of revenues makes him qualified to be a member of the Board. Matthew Wiles’ background information is incorporated herein by reference to the Company’s most recent Annual Report on Form10-K filed December 29, 2017.
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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 6, 2018 | Drone USA, Inc. | |
By: | /s/ Michael Bannon | |
Name: Michael Bannon | ||
Title: President and CEO |
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