AND EXCHANGE COMMISSION
to Section 13 or 15(d) of
Securities Exchange Act of 1934
of Report (Date of earliest event reported): May 22, 2020
name of registrant as specified in its charter)
(State or other jurisdiction
W. Magnolia Blvd.
of principal executive offices)|
telephone number, including area code (818) 659-8052
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:
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)|
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)|
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))|
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))|
registered pursuant to Section 12(b) of the Act:
of each class
of each exchange on which registered|
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).
growth company [X]
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. [ ]
of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.
of Outstanding Options
May 22, 2020, Quanta, Inc. (the “Company”, “we”, “us” or “our”), entered into
stock option amendments with various employees to amend certain outstanding Company stock option grants awarded to such employees
between October 2019 and December 2019 (collectively, the “Stock Options”) pursuant to the Company’s 2019 Omnibus
Stock Incentive Plan.
Stock Options, which previously had an exercise price of $0.23 per share, were amended to reduce the exercise price to $0.10 per
share. Except as modified by this amendment, all other terms and conditions of each of the Stock Options remain in full force
and effect. Jeffrey Doiron, the Company’s President, and Kirk Westwood, the Company’s Vice-President hold portions
of the Stock Options exercisable into 1,100,000 and 1,500,000 shares of the Company’s common stock, respectively.
to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
May 29, 2020