UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
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(Exact name of registrant as specified in its charter)
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(State or Other Jurisdiction | (Commission | (I.R.S. Employer |
of Incorporation) | File Number) | Identification No.) |
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by checkmark if the registrant
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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) | Resignation of Interim Chief Financial Officer |
Effective as of January 18, 2023, Mr. Gary Rodney has resigned as Interim Chief Financial Officer of Energy and Water Development Corp. (the “Company”). Mr. Rodney’s resignation is not a result of any disagreement with the Company or its independent auditors on any matter relating to the Company’s accounting, strategy, management, operations, policies, regulatory matters, or practices (financial or otherwise).
In connection with Mr. Rodney’s departure, that certain Consulting Services Agreement with InfoQuest Technology, Inc. dated June 2, 2021 (the “Consulting Agreement”), pursuant to which Mr. Rodney was providing his services as Interim Chief Financial Officer, was simultaneously terminated and the Company entered into a Settlement and Release Agreement (the “Release Agreement”) whereby the Company has agreed to issue an aggregate 6,250,000 shares of the Company’s common stock to Mr. Rodney in full and complete satisfaction of any and all amounts owed to pursuant to the Consulting Agreement.
The foregoing description of the Release Agreement contained herein does not purport to be complete and is qualified in its entirety by reference thereto, which is attached to this Current Report on Form 8-K as Exhibit 10.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d)Exhibits
Exhibit No. | Description | |
10.1 | Settlement and Release Agreement dated effective as of January 18, 2023 by and among Energy and Water Development Corp., Gary Rodney, and InfoQuest Technology, Inc. | |
104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document) |
SIGNATURES
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.
Energy and Water Development Corp. | ||
Dated: January 18, 2023 | By: | /s/ Irma Velazquez |
Name: Title: |
Irma Velazquez Chief Executive Officer |