COLLECTORS UNIVERSE, INC. (NASDAQ:CLCT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 7.01.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers.
Departure of Officer
The employment of David G. Hall, as the Company’s President and Chief Operating Officer, was terminated effective September18, 2018. His termination is unrelated to the Company’s financial reporting or accounting practices. Mr. Hall remains on the Board of Directors.
Joseph J. Orlando, the Company’s Chief Executive Officer, will assume Mr.Hall’s duties.
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Item 7.01 |
Regulation FD Disclosure |
On September18, 2018, the Company issued a press release reporting the termination of David G. Hall’s employment as the Company’s President and Chief Operating Officer. A copy of that press release is attached as Exhibit99.1 to this Current Report.
In accordance with General Instruction B.2 of Form 8-K, the information in this Item 7.01 of this Report, and Exhibit99.1 hereto, are 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 of that Section, nor shall such information or such Exhibit be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”).
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Item 7.01 |
Financial Statements and Exhibits. |
(d)Exhibits.
COLLECTORS UNIVERSE INC ExhibitEX-99.1 2 ex_124287.htm EXHIBIT 99.1 ex_124287.htm Exhibit 99.1 COLLECTORS UNIVERSE ANNOUNCES DEPARTURE OF DAVID G. HALL AS PRESIDENT AND CHIEF OPERATING OFFICER NEWPORT BEACH,…To view the full exhibit click here
About COLLECTORS UNIVERSE, INC. (NASDAQ:CLCT)
Collectors Universe, Inc. provides authentication and grading services to dealers and collectors of coins, trading cards, event tickets, autographs and historical and sports memorabilia (collectibles). The Company operates through three segments: coins, trading cards and autographs, and other collectibles. The Company is engaged in the authentication, grading, publication and Web-based advertising, subscription-based business and product sales. The other collectibles segment includes the Certified Coin Exchange (CCE) subscription business, the Coinflation.com business and its collectibles conventions business. The Company is also engaged in selling of printed publications and collectibles price guides and advertising in such publications; selling of membership subscriptions in its Collectors Club; selling of subscriptions to its CCE dealer-to-dealer Internet bid-ask market for certified coins and to its CoinFacts Website, and conducting collectibles trade shows and conventions.