Attached files
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EX-10.1 - SEPARATION AND SETTLEMENT AGREEMENT, DATED MARCH 30, 2020 - Alberton Acquisition Corp | ea0120382ex10-1_alberton.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
April 2, 2020 (March 30, 2020)
Date of Report (Date of earliest event reported)
ALBERTON ACQUISITION CORPORATION
(Exact name of registrant as specified in its charter)
British Virgin Islands | 001-38715 | N/A | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) | (I.R.S. Employer Identification No.) |
Room 1001, 10/F, Capital Center 151 Gloucester Road Wanchai, Hong Kong |
N/A | |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: +852 2117 1621
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 |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act |
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).
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. ☐
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
Units, each consisting of one ordinary share, one redeemable warrant, and one right |
ALACU | The Nasdaq Stock Market LLC | ||
Ordinary shares, no par value | ALAC | The Nasdaq Stock Market LLC | ||
Redeemable warrants, each warrant exercisable for one-half (1/2) of one ordinary share |
ALACW | The Nasdaq Stock Market LLC | ||
Rights, each to receive one-tenth (1/10) of one ordinary share | ALACR | The Nasdaq Stock Market LLC |
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 30, 2020, Mr. Ben (Bin) Wang, resigned from his positions as Chairman and member of the Board of Directors (the “Board”) and the Chief Executive Officer of Alberton Acquisition Corporation (the “Company”). On the same day, the Board accepted Mr. Wang’s resignation, effective immediately. In connection with Mr. Wang’s resignation, the Company, Mr. Wang and the sponsor entered into a certain separation and settlement agreement dated March 30, 2020, a copy of which is enclosed hereto as Exhibit 10.1 to this report and incorporated herein by reference.
Upon Mr. Wang’s resignation, on March 30, 2020, the Board appointed Ms. Guan Wang, the treasurer and one of the directors of the Company, as the Chairwoman of the Board and the Chief Executive Officer of the Company to fill the vacancy, effective immediately.
Ms. Guan Wang does not have a family relationship with any director or executive officer of the Company and has not been involved in any transaction with the Company during the past two years that would require disclosure under Item 404(a) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Number | Description | |
10.1 | Separation and Settlement Agreement, dated March 30, 2020 |
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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.
Dated: April 2, 2020 | ||
ALBERTON ACQUISITION CORPORATION | ||
By: | /s/Guan Wang | |
Name: Guan Wang Title: Chief Executive Officer |
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