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| EX-99.1 - PRESS RELEASE DATED FEBRUARY 20, 2020 ISSUED BY THE COMPANY - ADDVANTAGE TECHNOLOGIES GROUP INC | pressrelease_02202020.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
Date of report (Date of earliest event reported) February
17, 2020
ADDVANTAGE TECHNOLOGIES GROUP, INC.
(Exact name of Registrant as specified in its Charter)
Oklahoma
(State or other Jurisdiction of Incorporation)
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1-10799
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73-1351610
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(Commission file Number)
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(IRS Employer Identification No.)
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13757 N. Stemmons Freeway, Farmers Branch, Texas
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75234
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(Address of Principal Executive Offices)
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(Zip Code)
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(918) 251-9121
(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 InstructionA.2. below):
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Written Communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4© under the Exchange Act (17 CFR 240.13e-4(c))
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
On February 17, 2020, the Company announced that Kevin Brown, the Chief Financial Officer of ADDvantage Technologies Group, will be leaving the Company
effective March 6, 2020. Mr. Brown has accepted a new opportunity in Houston where he and his family reside. He has been commuting to Dallas and Tulsa, Oklahoma for over a year. Joe Hart, the Company's Chief Executive Officer, and the Board of
Directors will begin the search for a long-term replacement in Dallas to help take ADDvantage to the next level. In the meantime, Scott Francis, who serves as the Company’s Chief Accounting Officer and former Chief Financial Officer, will serve as
the company’s Principal Financial Officer.
Item 8.01 Other Events.
On February 20, 2020, the Company issued a press release announcing the departure of Kevin Brown as Chief Financial Officer. A copy of the press release is
attached as Exhibit 99.1 to this Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
The following exhibit is furnished herewith:
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Exhibit 99.1
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Press Release dated February 20, 2020 issued by the Company.
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SIGNATURES
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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.
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ADDVANTAGE TECHNOLOGIES GROUP, INC.
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Date: February 20, 2020
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By: /s/ Scott Francis
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Scott Francis
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Vice-President & Chief Accounting Officer
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Exhibit Index
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Exhibit Number
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Description
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99.1
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Press Release dated February 20, 2020 issued by the Company.
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