8-K
NON INVASIVE MONITORING SYSTEMS INC /FL/ (NIMU)
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
March13, 2023
Date
of Report (date of earliest event reported)
Non-InvasiveMonitoring Systems, Inc.
(Exactname of Registrant as specified in its charter)
| Florida | 000-13176 | 59-2007840 |
|---|---|---|
| (State or other jurisdiction of incorporation or organization) | (Commission<br><br> <br>File Number) | (I.R.S. Employer<br><br> <br>Identification Number) |
4400Biscayne Blvd., Suite 180, Miami, Florida 33137
(Addressof principal executive offices)
(305)575-4207
(Registrant’stelephone number, including area code)
NotApplicable
(Formername 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 of each class | Trading Symbol(s) | Name on each exchange on which registered |
|---|---|---|
| Common<br> Stock, par value $0.01 per share | NIMU | OTC<br> Pink |
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. ☐
Item5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements ofCertain Officers.
| (a) | On<br> March 13, 2023, Steven D. Rubin notified the Registrant of his intention to resign as a director<br> of Non-Invasive Monitoring Systems, Inc. effective immediately. Mr. Rubin’s resignation<br> was not the result of any disagreement with the Registrant on any matter relating to the<br> Registrant’s operations, policies or practices. |
|---|---|
| (b) | Effective<br> March 13, 2023, the Registrant appointed Jerry Jacobs as a member of the Board of Directors<br> and the Audit Committee. |
| --- | --- |
Jerry A Jacobs, 65, has served as the Executive VP of Investacorp Group Inc., an independent financial services firm headquartered in Miami, FL since October 2007. Prior to that, Mr. Jacobs was a Regional Director at Investacorp Inc, in Miami Lakes FL, assisting in fixed income trading and representative relations and vendor relations. Investacorp Inc, then became part of Ladenburg Thalmann in 2007. In 2020, Ladenburg Thalmann was sold to a private equity group in a transaction valued at approximately $1.3 billion. Mr. Jacobs currently holds Securities Licenses series 7, 63, 66., as well as Florida Insurance licensed for Health, Life, and Variable Annuities. In addition, he currently holds a Florida Real Estate Sales Associate license. Mr. Jacobs holds a BS degree from Florida State University.
As of the date hereof, there are no transactions between Mr. Jacobs and the Registrant that would be reportable under Item 404(a) of Regulation S-K. Consistent with the other members of the Board of Directors, Mr. Jacobs will not receive any compensation for serving on the Board or the Audit Committee.
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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 hereunto duly authorized.
| Non-Invasive<br> Monitoring Systems, Inc. | ||
|---|---|---|
| March 14, 2023 | By: | /s/ James J. Martin |
| Name: | James J. Martin | |
| Title: | Chief Financial Officer |
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