false 2023-07-25 0001882607 Alpine Summit Energy Partners, Inc. 0001882607 2023-07-25 2023-07-25

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 25, 2023

ALPINE SUMMIT ENERGY PARTNERS, INC.
(Exact name of registrant as specified in its charter)

British Columbia 001-41510 98-1623755
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)

3322 West End Ave.
Suite 450
Nashville, Tennessee, United States 37203
(Address of principal executive offices) (ZIP Code)

Registrant’s telephone number, including area code: (346) 264-2900

Not Applicable
(Former name or former address, if changed since last report)

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:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class   Trading Symbols   Name of each exchange on which registered
Class A Subordinate Voting Shares, without par value   ALPS   NASDAQ Global Market

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 check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 25, 2023, HB2 Origination, LLC ("HB2"), the operating subsidiary of Alpine Summit Energy Partners, Inc. (the "Company"), terminated the employment of the Company's Chief Operating Officer, Michael McCoy ("McCoy"), for cause under the Member Services Agreement between HB2 and McCoy, entered into on September 7, 2021.  HB2 had placed McCoy on unpaid administrative leave on May 30, 2023 pending an investigation being conducted on behalf of the Company's Board of Directors (the "Board") by outside legal counsel into possible misconduct by McCoy. The Board completed its investigation on July 25, 2023, and determined, based on the conclusions thereof, to terminate McCoy for cause. 


SIGNATURE

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.

    ALPINE SUMMIT ENERGY PARTNERS, INC.

 
July 28, 2023 By: /s/ Darren Moulds
  Name: Darren Moulds
  Title: Chief Financial Officer