quicklo20250812_8k.htm
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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) August 7, 2025
 
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 communicati1ons 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 $0.001 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. ☐
 
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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
 
Appointment of Director
 
On August 7, 2025, the Board of Directors (the “Board”) of QuickLogic Corporation (the “Company”), upon the recommendation of its Nominating and Corporate Governance Committee, appointed Mr. Ron Shelton to serve as a member of the Board effective August 7, 2025. Mr. Shelton was appointed as a Class III director and will serve as Chair and member of the Audit Committee of the Board. Mr. Shelton’s initial term will expire at the Company’s 2026 annual meeting of stockholders.
 
Mr. Shelton is a seasoned financial executive with more than 25 years of financial and operational leadership experience. He currently serves as Chief Financial Officer of Syntiant Corp., a leading provider of sensors, processors, and software models that enable AI at the edge. Previously, he held CFO roles at several other notable companies, including Navitas Semiconductor, Adesto Technologies, GigOptix, and Cirrus Logic. His extensive experience spans a wide range of organizations, from publicly traded companies to privately held startups. Shelton holds a BA in Economics from Stanford University.
 
The Board has determined that Mr. Shelton qualifies as an independent director under the Nasdaq listing standards. There is no arrangement or understanding between Mr. Shelton and any other persons pursuant to which Mr. Shelton was elected as a director. There are no family relationships between Mr. Shelton and any director or executive officer of the Company, and he has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
 
Mr. Shelton will enter into the Company’s standard form of indemnification agreement, a copy of which has been filed as Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q filed with the SEC on November 13, 2002. In addition, Mr. Shelton will be compensated for his service on the Board in accordance with the Company’s standard compensation policy for non-employee directors.
 
Mr. Farese, Ms. Kim and Mr. Tauss will remain as members of the Audit Committee and Mr. Pease will join the Board’s Compensation Committee.
 
Item 7.01 Regulation FD Disclosure.
 
On August 13, 2025, the Company issued a press release which announced appointment of Mr. Ron Shelton to the Board. A copy of the press release is furnished herewith as Exhibit 99.1.
 
The information in this Item 7.01, including Exhibit 99.1, is being 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 such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a 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.
 
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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: August 13, 2025
  
QuickLogic Corporation
     
   
/s/ Elias Nader
   
Elias Nader
Chief Financial Officer and Senior Vice-President, Finance
(Principal Financial Officer)
 
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Exhibit 99.1

 

QuickLogic Appoints Ron Shelton to Board of Directors

 

 

SAN JOSE, Calif., August 13, 2025 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leading developer of embedded FPGA (eFPGA) Hard IP and User Tools, ruggedized FPGAs, and Endpoint AI/ML solutions, today announced the appointment of Ron Shelton to its Board of Directors, effective August 7, 2025. Shelton will also serve as Chair of the Audit Committee.

 

Shelton is a seasoned executive with more than 25 years of financial and operational leadership experience. He currently serves as Chief Financial Officer of Syntiant Corp., a leading provider of sensors, processors and software models that enable AI at the edge. Previously, he held CFO roles at several other notable companies, including Navitas Semiconductor, Adesto Technologies, GigOptix, and Cirrus Logic. His extensive experience spans a wide range of organizations, from publicly traded companies to privately held startups. Shelton holds a BA in Economics from Stanford University.

 

“I am impressed by QuickLogic’s momentum in eFPGA Hard IP solutions and its long-standing commitment to customer success,” Shelton said. “I look forward to contributing to the company's continued growth and supporting strong financial oversight and governance.”

 

“We are pleased to welcome Ron to the QuickLogic board,” said Michael R. Farese, PhD, Chairman of the Board of QuickLogic. “Ron’s broad business acumen and deep financial expertise will provide valuable insight as we continue to expand our eFPGA IP licensing and FPGA Storefront business, and deepen our engagement with aerospace, defense, and other high-reliability markets.”

 

About QuickLogic
QuickLogic Corporation is a fabless semiconductor company specializing in eFPGA Hard IP, discrete FPGAs, and endpoint AI solutions. QuickLogic's unique approach combines cutting-edge technology with open-source tools to deliver highly customizable, low-power solutions for aerospace and defense, industrial, consumer, and computing markets. For more information, visit www.quicklogic.com.

QuickLogic and logo are registered trademarks of QuickLogic. All other trademarks are the property of their respective holders and should be treated as such. 

 

 

Press Contact:
Andrea Vedanayagam
Vedanayagam Consulting, LLC
408.656.4494
[email protected]