Asensus Surgical Inc.

10/28/2021 | Press release | Distributed by Public on 10/28/2021 04:51

Material Event - Form 8-K

transe20211026_8k.htm
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
October 27, 2021
Date of Report (date of earliest event reported)
_________________
Asensus Surgical, Inc.
(Exact name of Registrant as specified in its charter)
_________________
Delaware
(State or other jurisdiction of
incorporation or organization)
0-19437
(Commission
File Number)
11-2962080
(I.R.S. Employer
Identification Number)
1 TW Alexander Drive, Suite 160
Durham, NC27703
(Address of principal executive offices)
919-765-8400
(Registrant's telephone number, including area code)
Not Applicable
(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))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading symbol
Name of each exchange on which registered
Common Stock
$0.001 par value per share
ASXC
NYSE American
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. ☐
Item 8.01Other Events.
Board of Directors Appoint David Milne as Independent Board Chair
On October 27, 2021, the Board of Directors (the "Board") of Asensus Surgical, Inc. (the "Company") approved David Milne, a current director of the Company, to the role of independent Chair of the Board. The Company had previously announced that Paul LaViolette, the Chair of the Board since 2013, would step down as Chair in late October 2021 and leave his position as a director of the Company by the end of 2021 and that Mr. Milne would be appointed as Board Chair. Mr. LaViolette intends to work closely with Mr. Milne for the remainder of 2021 to ensure a smooth transition of the Chair role. Mr. Milne has been a member of the Board since 2013.
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, thereunto duly authorized.
ASENSUS SURGICAL, INC.
Date: October 28, 2021
/s/ Shameze Rampertab
Shameze Rampertab
Executive Vice President and Chief Financial Officer