LONG ISLAND ICED TEA CORP. (NASDAQ:LTEA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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LONG ISLAND ICED TEA CORP. (NASDAQ:LTEA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Directors; Compensatory Arrangements of Certain Officers.

On September 21, 2017, Kerry Kennedy resigned from the board of directors of Long Island Iced Tea Corp. (the “Company”) and from each committee on which she served, effective immediately. Ms. Kennedy resigned due to her other existing business obligations and not due to any disagreement with the Company or its management on any matter relating to the Company’s operations, policies or practices (financial or otherwise).

In addition, on September 27, 2017, Julian Davidson, the Company’s Executive Chairman, assumed the functions of the Company’s principal financial officer and principal accounting officer, which had been vacated upon the earlier departure of Richard Allen, the Company’s former Chief Financial Officer. Mr. Davidson’s biographical information is set forth in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on July 14, 2017 (the “Proxy Statement”), which information is incorporated herein by reference. There are no family relationships between Mr. Davidson and any of the Company’s other directors or executive officers. Except for the transaction described in the Company’s Proxy Statement, which description is incorporated herein by reference, Mr. Davidson is not party to any transactions required to be disclosed under Item 404(a) of Regulation S-K.


About LONG ISLAND ICED TEA CORP. (NASDAQ:LTEA)

Long Island Iced Tea Corp. is a holding company operating through its subsidiary, Long Island Brand Beverages, LLC (LIBB). The Company is engaged in the production and distribution of Non-Alcoholic Ready-to-Drink (NARTD) iced tea in the beverage industry. It is organized around its brand, Long Island Iced Tea. Long Island Iced Tea is sold primarily on the East Coast of the United States through a network of national and regional retail chains and distributors. The Company produces brewed tea, using black tea leaves, purified water and natural cane sugar or sucralose. The Company’s Long Island Iced Tea’s flavors include lemon, peach, raspberry, guava, mango, diet lemon, diet peach, sweet tea, green tea and honey, and half tea and half lemonade. It also offers lower calorie iced tea in over 12 ounce bottles. The lower calorie flavor options include mango, raspberry and peach. The Company’s products include All-Natural Tea, Diet Tea, Fruit-Flavored Tea, Organic Tea and Herbal Tea.