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EX-99.1 - PRESS RELEASE ISSUED BY NUTRIBAND, INC. FEBRUARY 13, 2018 - NutriBand Inc.f8k021618ex99-1_nutribandinc.htm

 

 

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) February 16, 2018

 

Nutriband, INC.

 

Nevada   000-55654   81-1118176

(State or Other Jurisdiction

 of Incorporation)

  (Commission File Number)  

(I.R.S. Employer

Identification No.)

 

309 Celtic Ct., Oviedo Florida

  32765
(Address of Principal Executive Offices)   (Zip Code)

 

(385) 881-3385

Registrant’s Telephone Number, Including Area Code

 
 
(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))

 

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 February 13, 2018 the board of directors (the “Board”) of Nutriband Inc. (the “Company”) appointed the following executive officers of the Company to begin service in their new positions effective February 14, 2018:

 

Sean Gallagher, Appointed Company President and to the Board of Directors

Presidential candidate and runner up in the 2011 Irish presidential election, Sean Gallagher is an experienced businessman, inspiring speaker, and highly regarded business writer. Gallaher's notable business ventures include co-founding and serving as CEO of Clyde Real Estate, Pharmaceutical Directorships, and co-founding Ireland'slargest home technology company, Smarthomes. Gallagher has also served as an investor on the popular TV show Dragon's Den, Ireland and UK's version of Shark Tank.

 

Gallagher qualified with an MBA from the University of Ulster and served on a number of Irish State Boards including the National Training and Employment Agency (FAS), the North South Trade Body (InterTrade Ireland), and was Chair of the state-owned Drogheda Port Company.

 

Ray Kalmar, Appointed Company Chief Innovation Officer

Ray Kalmar, previously President of Nutriband Inc. has been appointed as Head of Innovation and remains on the Board of Directors. Mr Kalmar has over ten years’ experience in the pharmaceutical industry with a particular specialization in cardiovascular disease, infectious disease and pulmonology.  Mr Kalmar has also had extensive experience in pharmaceutical IP, Bulk Chemical supply (5 years) and pharmacognostics.  He received a Bachelor of Science, University of Central Florida. Mr Kalmar served 12 years with the United States Air Force as a Combat medic.

 

FOR THE FULL TERMS OF THE AGREEMENT, PLEASE REFER TO THE COPY THEREOF FILED AS EXHIBIT 99.2 TO THIS REPORT.

 

The company issued a Press Release on February 13, 2018.

 

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Item 8.01 Other Events.

 

DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS

 

Throughout this report, we make statements that may be deemed "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, that address activities, events, outcomes and other matters that Chancellor plans, expects, intends, assumes, believes, budgets, predicts, forecasts, projects, estimates or anticipates (and other similar expressions) will, should or may occur in the future are forward-looking statements. These forward-looking statements are based on management's current belief, based on currently available information, as to the outcome and timing of future events. When considering forward-looking statements, you should keep in mind the risk factors and other cautionary statements in this report.

 

 Any forward-looking statements that we may make are based on our current expectations and beliefs concerning future developments and their potential effects on us. There can be no assurance that future developments affecting us will be those anticipated by us. Any forward-looking statements are subject to the risks and uncertainties that could cause actual results of operations, financial condition, cost reductions, acquisitions, dispositions, financing transactions, operations, expansion, consolidation and other events to differ materially from those expressed or implied in such forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statements. As a result, the reader is cautioned not to rely on these forward-looking statements. Due to known and unknown risks, the company’s actual results may differ materially from its expectations or projections.

    

While most risks affect only future costs or revenues anticipated by the company, some risks may relate to accruals that have already been reflected in results of operations. The company’s failure to receive payments of accrued amounts or if liabilities are incurred in excess of amounts previously recognized, a charge against future earnings could result. In addition, any forward-looking statements should be considered in context with various disclosures made by us about our business including, without limitation, the risk factors more particularly described below in “Risk Factors.”

 

Item 9.01. Financial Statements and Exhibits.

 

(c) Exhibits.

 

Exhibit Number   Description 
     
99.1  

Press release issued by Nutriband, Inc. February 13, 2018

 

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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.

 

 

NUTRIBAND INC.

     
Date: February 16, 2018 By: /s/ Gareth Sheridan
  R: Gareth Sheridan
  Chief Executive Officer

 

 

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