Astrotech Corporation (NASDAQ:ASTC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On June 27 and June 28, 2018, each of Sha-Chelle Manning and Michael R. Humphrey, respectively, informed Astrotech Corporation (the “Company”) that they are resigning as members of the Board of Directors of the Company. The resignations will be effective as of July 1, 2018. Both Ms. Manning’s and Mr. Humphrey’s resignations were not in connection with any known disagreement with the Company on any matter.
Item 8.01Other Events
On June29, 2018, the Company issued a press release announcing the resignations.The press release is attached as Exhibit99.1 to this report on Form8-K and is incorporated herein by reference.
Item 9.01Financial Statements and Exhibits
(d)Exhibits
ASTROTECH Corp ExhibitEX-99.1 2 astc-ex991_6.htm EX-99.1 HUMPHREY MANNING RESIGNATIONS astc-ex991_6.htm Exhibit 99.1 Astrotech Announces Changes to Board of Directors and Compensation Actions to Promote Cost Savings June 29,…To view the full exhibit click here
About Astrotech Corporation (NASDAQ:ASTC)
Astrotech Corporation is a science and technology development and commercialization company. The Company invents, acquires and commercializes technological innovations sourced from internal research, universities, laboratories and research institutions. The Company operates through two business units: Astro Scientific and Astral Images Corporation (Astral). The Astro Scientific is a technology incubator that commercializes technologies, and includes the operations of subsidiaries, such as 1st Detect Corporation (1st Detect) and Astrogenetix, Inc. (Astrogenetix). Astral segment provides film digitization, image correction and enhancement technology. It offers systems containing off-the-shelf hardware with integrated Astral software, software products and scanning or enhancement services. The Astral segment offers products, including Astral Black ICE, Astral Color ICE and Astral HDR ICE. The Company’s product portfolio also consists of MMS-1000 and OEM-1000.