DarkPulse Board Changes and Officer Compensation Disclosed
Ticker: DPLS · Form: 8-K · Filed: Nov 27, 2024 · CIK: 866439
| Field | Detail |
|---|---|
| Company | Darkpulse, INC. (DPLS) |
| Form Type | 8-K |
| Filed Date | Nov 27, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-change, officer-compensation
TL;DR
DarkPulse board shakeup, new director appointed, officer pay details coming.
AI Summary
DarkPulse, Inc. announced on November 21, 2024, a change in its board of directors, with the resignation of Mr. David L. Johnson and the appointment of Mr. Robert L. Johnson as a Class II director. The company also disclosed compensatory arrangements for certain officers, though specific details and dollar amounts were not provided in this excerpt.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, while details on officer compensation are crucial for understanding executive incentives and potential dilution.
Risk Assessment
Risk Level: medium — Board changes and undisclosed compensatory arrangements introduce uncertainty regarding future strategic direction and financial implications.
Key Players & Entities
- DarkPulse, Inc. (company) — Filer
- David L. Johnson (person) — Resigned Director
- Robert L. Johnson (person) — Appointed Director
- November 21, 2024 (date) — Date of earliest event reported
FAQ
Who has been appointed to the board of directors at DarkPulse, Inc.?
Mr. Robert L. Johnson has been appointed as a Class II director.
Who has resigned from the board of directors at DarkPulse, Inc.?
Mr. David L. Johnson has resigned from the board of directors.
What is the exact date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is November 21, 2024.
What specific compensatory arrangements for officers were disclosed?
The filing indicates disclosure of compensatory arrangements for certain officers, but specific details and dollar amounts are not provided in this excerpt.
What is the state of incorporation for DarkPulse, Inc.?
DarkPulse, Inc. is incorporated in Delaware.
Filing Stats: 798 words · 3 min read · ~3 pages · Grade level 10.6 · Accepted 2024-11-27 15:56:30
Filing Documents
- darkpulse_8k.htm (8-K) — 29KB
- darkpulse_ex9901.htm (EX-99.1) — 8KB
- 0001683168-24-008423.txt ( ) — 206KB
- dpls-20241121.xsd (EX-101.SCH) — 3KB
- dpls-20241121_lab.xml (EX-101.LAB) — 33KB
- dpls-20241121_pre.xml (EX-101.PRE) — 24KB
- darkpulse_8k_htm.xml (XML) — 3KB
02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Director Appointment On November 21, 2024, the Board of Directors of DarkPulse, Inc., a Delaware corporation (the " Company "), expanded the board to four and appointed George Pappas as a director to fill the new vacancy. There is no arrangement or understanding between Mr. Pappas or any other persons, pursuant to which Mr. Pappas was selected as a director George Pappas Mr. Pappas is a national security, foreign policy, intelligence, and special operations expert with over four decades of experience as a government executive, and military officer. Mr. Pappas has served as Staff Director, House Permanent Select Committee on Intelligence; Deputy Chief Financial Executive at the Defense Intelligence Agency; and in other senior posts across the intelligence and special operations communities. Mr. Pappas was appointed as a director due to his extensive experience in working with the U.S. and foreign governments.
01
Item 7.01 Regulation FD Disclosure. On November 27, 2024, the Company issued a press release announcing Mr. Pappas' appointment. The press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The furnishing of the press release is not an admission as to the materiality of any information therein. The information contained in the press release is summary information that is intended to be considered in the context of more complete information included in the Company's filings with the U.S. Securities and Exchange Commission (the " SEC ") and other public announcements that the Company has made and may make from time to time by press release or otherwise. The Company undertakes no duty or obligation to update or revise the information contained in this report, although it may do so from time to time as its management believes is appropriate. Any such updating may be made through the filing of other reports or documents with the SEC, through press releases or through other public disclosures. The information in this Item 7.01 of this Current Report on Form 8-K and the press release shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. The information contained in this Item 7.01 and in the press release shall not be incorporated by reference into any filing with the SEC made by the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release dated November 27, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. DarkPulse, Inc. Date: November 27, 2024 By: /s/ Dennis O'Leary Dennis O'Leary, Chief Executive Officer 3