Aspen Aerogels, Inc. (NYSE:ASPN) Files An 8-K Results of Operations and Financial ConditionItem 2.02 Results of Operations and Financial Condition.
On August 3, 2017, Aspen Aerogels, Inc. (the “Company”) announced its financial results for the second quarter of 2017 ended June 30, 2017 and also discussed recent business developments. A copy of the press release containing such announcement is attached hereto as Exhibit 99.1.
The information set forth in the press release, except for the information set forth under the heading “2017 Financial Outlook” and under the heading “About Aspen Aerogels, Inc.,” together with the forward-looking statement disclaimer at the end of the press release, is incorporated by reference into this Item 2.02 of this Current Report on Form8-K.
Item 2.02 Departure of Directors or certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain officers
(b) On July 31, 2017, Craig A. Huff, a member of the Board of Directors (“Board”) of the Company, notified the Company that he would voluntarily resign from the Board and delivered his letter of resignation effective July 31, 2017. There were no disagreements between Mr. Huff and the Company or any director of the Company which led to the resignation. At the same time as Mr. Huff resigned from the Board, he also resigned as a member of the Compensation and Leadership Development Committee of the Board (the “Compensation Committee”). Effective August 2, 2017, the Board reduced the size of the Board to seven members and appointed Steven R. Mitchell to the Compensation Committee.
Item 2.02 Regulation FD Disclosure.
The information set forth under the heading “2017 Financial Outlook” and under the heading “About Aspen Aerogels, Inc.,” together with the forward-looking statement disclaimer at the end of the press release, is incorporated by reference into this Item 2.02 of this Current Report on Form8-K.
Item 2.02 Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit Number |
Description |
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99.1 |
Press Release issued by Aspen Aerogels, Inc. on August 3, 2017. |
The press release may contain hypertext links to information on our website. The information on our website is not incorporated by reference into this Current Report on Form8-Kand does not constitute a part of this Form8-K.
The information contained in this Current Report on Form8-Kand Exhibit 99.1 attached hereto is being furnished and shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section, nor shall it be deemed incorporated by reference into any registration statement or other 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 filing.
ASPEN AEROGELS INC ExhibitEX-99.1 2 aspn-ex991_6.htm EX-99.1 aspn-ex991_6.htm Exhibit 99.1 Aspen Aerogels,…To view the full exhibit click here
About Aspen Aerogels, Inc. (NYSE:ASPN)
Aspen Aerogels, Inc. is an energy technology company that designs, develops and manufactures aerogel insulation used primarily in energy infrastructure facilities. The Company also performs contract research services for various federal and non-federal government agencies, including the Department of Defense, the Department of Energy and other institutions. Its product lines include Pyrogel and Cryogel. The Company provides Pyrogel XT/XT-E that reduces the risk of corrosion under insulation in high temperature operating systems; Pyrogel XTF, which provides protection against fire; Cryogel Z, which is designed for sub-ambient and cryogenic applications in the energy infrastructure market, and Spaceloft Subsea, which is used in pipe-in-pipe applications in offshore oil production. It also offers Spaceloft for use in building and construction market, and Cryogel X201, which is used in cold system designs consisting of refrigerated appliances, cold storage equipment and aerospace systems.