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): March 1, 2019
AQUANTIA CORP.
(Exact name of Registrant as Specified in Its Charter)
| | | | |
Delaware | | 001-38270 | | 20-1199709 |
(State or Other Jurisdiction of Incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
| | |
91 E. Tasman Drive, Suite 100 San Jose, California | | | | 95134 |
(Address of Principal Executive Offices) | | | | (Zip Code) |
(408) 228-8300
(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 Instructions 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)) |
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 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On March 1, 2019, Mr. Lip-Bu Tan, a member of the Board of Directors (the “Board”) of Aquantia Corp. (the “Company”), notified the Board of his intention to resign from the Board and each committee of the Board on which he serves, effective as of the date of the Company’s next annual shareholders’ meeting, due to his commitment as the Chief Executive Officer of Cadence Design Systems. Mr. Tan’s decision to resign was not the result of any disagreement with the Company. Immediately following Mr. Tan’s resignation, the Board intends to reduce the size of the Board from eight to seven members.
In addition, the Company plans to enter into an advisory service arrangement with Mr. Tan pursuant to which Mr. Tan will continue to provide certain advisory services to the Company after his resignation from the Board. The Board thanks Mr. Tan for his contributions as a director and looks forward to his ongoing support as an advisor to the Company.
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.
AQUANTIA CORP.
Date:March 7, 2019
By: /s/ Faraj Aalaei
Faraj Aalaei
President and Chief Executive Officer
