8-K
Coda Octopus Group, Inc. (CODA)
UNITEDSTATES
SECURITIESAND EXCHANGE COMMISSION
WASHINGTON,D.C. 20549
FORM8-K
CURRENTREPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 15, 2021
CODAOCTOPUS GROUP, INC.
(Name of Small Business Issuer in its Charter)
| Delaware | 001-38154 | 34-200-8348 |
|---|---|---|
| (State<br> or other jurisdiction<br><br> <br>of<br> incorporation or organization | (Commission<br><br> <br>File<br> Number) | (I.R.S.<br> Employer<br><br> <br>Identification<br> Number) |
3300S Hiawassee Rd., Suite 104-105
Orlando,Florida 32835
(Address, Including Zip Code of Principal Executive Offices)
863-937-8985
(Issuer’s telephone number)
(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<br> communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| [ ] | Soliciting<br> material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| [ ] | Pre-commencement<br> communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| [ ] | Pre-commencement<br> 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<br> of each class | Trading<br> Symbol(s) | Name<br> of each exchange on which registered |
|---|---|---|
| Common<br> Stock | CODA | Nasdaq |
Item5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangementsof Certain Officers.
(e) Effective February 15, 2021, Coda Octopus Group, Inc. (the “Company”) reached a new understanding with Michael Midgley, the Company’s Chief Financial Officer. Under the revised arrangement, he will be spending only approximately 60% of his time performing duties for the Company in order to spend more time on personal matters. His compensation will be reduced proportionally.
Both the Company and Mr. Midgley believe that he will be able to perform his Company designated duties in accordance with this revised schedule.
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.
Dated: February 18, 2021
| Coda Octopus Group, Inc. | |
|---|---|
| By: | /s/ Annmarie Gayle |
| Chief<br> Executive Officer |