UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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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. |
(b) Effective 06 March 2023, the Board of Directors (the “Board”) of BoxScore Brands, Inc. (the “Company”) accepted the voluntary resignation of Ross Saldarini as chief financial officer and principal financial officer. There was no dispute or disagreement with Mr. Saldarini as his resignation was voluntary as Mr. Saldarini decided to pursue other opportunities.
(c) Effective 06 March 2023, the Board appointed David E. Graber (51) as the Company’s Co-CEO and Chairman of the Board. Mr. Graber was initially appointed to the Board of the Company in February, 2017, and since then has at various times served as the Company’s CEO and CFO, and has continued to serve on the Board of the Company since July, 2022.
Effective 06 March 2023, the Board designated Sebastian Lux (51) as the Company’s Co-CEO and Interim CFO. Mr. Lux has served as our CEO since July, 2022, and has previously served as our Interim CFO.
The Board will consider and determine a compensation arrangement and agreement for both Mr. Graber and Mr. Lux as appropriate considering their respective positions. There is no material plan, contract, arrangement, or understanding (whether or not written) pursuant to which either Mr. Graber or Mr. Lux was appointed as an officer, and each is expected to serve in his respective capacity up to and until the Board decides otherwise. There are no family relationships between either Mr. Graber or Mr. Lux with any director or executive officer of the Company, and there are no related party transactions between the Company and either Mr. Graber or Mr. Lux which would require disclosure under Item 404(a) of Regulation S-K.
A copy of the press release containing the announcement of Mr. Graber and Mr. Lux is attached hereto as Exhibit 99.1.
| ITEM 8.01 | Other Events. |
On 06 March 2022 the Company issued a press release announcing that the Company has appointed Mr. Graber and Mr. Lux as Co-CEOs. A copy of the press release is included herewith as Exhibit 99.1 and the information in the press release is incorporated by reference into this Item 8.01.
| ITEM 9.01 | Financial Statements And Exhibits. |
(d) Exhibits.
| Exhibit No. | Description | |
| 99.1 | Press Release published on 06 March 2023 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
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.
| Date: 10 March 2023 | BOXSCORE BRANDS, INC. | |
| BY: | /S/ SEBASTIAN LUX | |
| Sebastian Lux, | ||
| Co-Chief Executive Officer | ||