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
Date of Report (Date of earliest event reported) November 1, 2022
QuickLogic Corporation
(Exact name of registrant as specified in its charter)
Delaware | | 000-22671 | | 77-0188504 |
| | | | | |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
| | | | | |
2220 Lundy Avenue, San Jose, CA | | | | 95131-1816 |
(Address of principal executive offices) | | | | (Zip Code) |
Registrant’s telephone number, including area code (408) 990-4000
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 (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(s) | Name of each exchange on which registered |
| Common Stock, par value $.001 per share | QUIK | The Nasdaq Capital Market |
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.
(b) On October 28 2022, Daniel A. Rabinovitsj advised the Board of Directors (the "Board") of QuickLogic Corporation (the "Company") of his decision to step down from his role as a member of the Board of Directors (the "Board"). Mr. Rabinovitsj served as a member of each of the Board's Nominating and Corporate Governance Committee and Compensation Committee. Mr. Rabinovitsj's decision to step down from his role as a member of the Board was not a result of a disagreement with management regarding the Company's operations, policies, practices or otherwise.
In its acceptance of Mr. Rabinovitsj's decision to step down from his role as a member of the Board, the Chairman of the Board expressed his gratitude and appreciation to Mr. Rabinovitsj for his eight years of contributions and service to the Company.
Item 7.01 Regulation FD Disclosure
On November 1, 2022 Company issued a press release announcing the change to its Board of Directors on Mr. Daniel A. Rabinovitsj's decision to step down as a director of the Company. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated into this Item 7.01 by reference.
The information in this Current Report on Form 8-K is intended to be furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| | Exhibit
Number | | Description |
| * | 99.1 | | |
| | 104 | | Cover Page Interactive Data File - The cover page XBRL tags are embedded within the inline XBRL document. |
| | | | |
| * | Filed herewith. |
SIGNATURES
Pursuant 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.
| Date: November 1, 2022 | | QuickLogic Corporation |
| | | |
| | | /s/ Elias Nader |
| | | Elias Nader Chief Financial Officer and Senior Vice-President, Finance
(Principal Financial Officer) |
