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): June 3, 2019
Dynatronics Corporation
(Exact name of registrant as specified in its charter)
| Utah | 0-12697 | 87-0398434 | ||
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
| 7030 Park Centre Dr., Cottonwood Heights, Utah | 84121 | (801) 568-7000 | ||
| (Address of principal executive offices) | (Zip Code) | (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:
☐ 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, no par value per share | DYNT | The NASDAQ Stock Market LLC |
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.
(c) Appointment of Chief Operating Officer
On May 29, 2019, Brian D. Baker was appointed Chief Operating Officer of Dynatronics Corporation (the “Company” or “Dynatronics”) by the Board of Directors of the Company. From February 2018 to May 2019, Mr. Baker served as the President of the Company’s Therapy Products Division. All operating sites will now report directly to Mr. Baker, as the Company has eliminated its divisional structure. This newly created position will streamline the reporting structure of the organization without increasing headcount.
Prior to joining Dynatronics, Mr. Baker worked as Vice President of Global Operations of Seaspine Holdings Corporation from July 2015 to January 2018; and as Vice President of Operations of the SeaSpine business within Integra LifeSciences Corporation from March 2015 to July 2015. From November 2013 until March 2015, he was an industry consultant providing mergers and acquisitions and business process optimization services.
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Signature
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.
Dynatronics Corporation
By: /s/ Christopher von Jako
Christopher von Jako, Ph.D.
Chief Executive Officer
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