LiqTech International Inc. Files 10-K/A Amendment for Fiscal Year Ended Dec 31, 2023

TL;DR

<b>LiqTech International, Inc. has filed an amendment to its 2023 annual report on Form 10-K/A.</b>

AI Summary

LIQTECH INTERNATIONAL INC (LIQT) filed a Amended Annual Report (10-K/A) with the SEC on April 30, 2024. LiqTech International, Inc. filed an amendment (10-K/A) to its annual report for the fiscal year ended December 31, 2023. The company is incorporated in Nevada and its principal executive offices are located in Ballerup, Denmark. LiqTech International, Inc. is registered under the ticker symbol LIQT on The Nasdaq Stock Market LLC. The filing indicates the company is not a well-known seasoned issuer. The report covers the fiscal year ending December 31, 2023.

Why It Matters

For investors and stakeholders tracking LIQTECH INTERNATIONAL INC, this filing contains several important signals. This amendment provides updated or corrected information for the fiscal year 2023, which is crucial for investors to have the most accurate financial and operational data. As a publicly traded company on Nasdaq, timely and accurate filings are essential for maintaining investor confidence and regulatory compliance.

Risk Assessment

Risk Level: low — LIQTECH INTERNATIONAL INC shows low risk based on this filing. The filing is an amendment to a previous report, suggesting potential corrections or additions rather than new material events, thus posing a low immediate risk.

Analyst Insight

Review the specific changes and additions made in this 10-K/A filing to understand any updated financial or operational details for LiqTech International, Inc.

Key Numbers

• 2023-12-31 — Fiscal Year End (The report is for the fiscal year ended December 31, 2023.)
• 2024-04-30 — Filing Date (The amendment was filed on April 30, 2024.)
• 10-K/A — Filing Type (Amendment No. 1 to the Annual Report.)
• LIQT — Trading Symbol (Common Stock trading symbol.)

Key Players & Entities

• LiqTech International, Inc. (company) — Registrant name
• LIQT (company) — Trading symbol
• The Nasdaq Stock Market LLC (company) — Exchange where LIQT is traded
• 2023-12-31 (date) — Fiscal year end
• 2024-04-30 (date) — Filing date
• Nevada (jurisdiction) — State of incorporation
• Ballerup, Denmark (location) — Principal executive offices
• 001-36210 (other) — Commission File Number

FAQ

Industry Context

LiqTech International, Inc. operates in the industrial machinery and equipment sector, focusing on advanced water purification technologies.

Regulatory Implications

The company is subject to SEC regulations for public companies, including requirements for annual and amended filings like this 10-K/A.

What Investors Should Do

1. Analyze the specific amendments made in the 10-K/A filing.
2. Verify if the amendment addresses any previously identified discrepancies or provides new material information.
3. Assess the impact of any disclosed changes on LiqTech's financial health and operational outlook.

Year-Over-Year Comparison

This is an amendment (10-K/A) to the previously filed annual report for the fiscal year ended December 31, 2023.

Key Financial Figures

• $0.001 — ange on which registered Common Stock, $0.001 par value LIQT The Nasdaq Stock Mar
• $3.21 — ice of the registrant's common stock of $3.21 per share on June 30, 2023, was $ 16,15
• $850 million — revenue of DKK 6.225 billion (approx. US$850 million) in 2021. Prior to serving as Senior Vi
• $2 billion — as a director of Menasha Corporation, a $2 billion privately-held packaging and display eq

Filing Documents

• liqt20231231_10ka.htm (10-K/A) — 312KB
• ex_662545.htm (EX-31.1) — 9KB
• ex_662546.htm (EX-31.2) — 10KB
• 0001437749-24-013778.txt (&nbsp;) — 566KB
• liqt-20231231.xsd (EX-101.SCH) — 3KB
• liqt-20231231_def.xml (EX-101.DEF) — 17KB
• liqt-20231231_lab.xml (EX-101.LAB) — 23KB
• liqt-20231231_pre.xml (EX-101.PRE) — 18KB
• liqt20231231_10ka_htm.xml (XML) — 6KB

Executive Compensation

Executive Compensation 7 Item 12

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 10 Item 13 Certain Relationships and Related Transactions, and Director Independence 12 Item 14 Principal Accountant Fees and Services 13 PART IV Item 15 Exhibits and Financial Statement Schedules 14

Signatures

Signatures 17 Table of Contents Item 10. Directors, Executive Officers and Corporate Governance Set forth below is information concerning our directors and senior executive officers as of April 29, 2024. Name Age Titles Alexander Buehler 48 Chairman of the Board Fei Chen 60 Chief Executive Officer (Principal Executive Officer), Director Phillip Massie Price 32 Interim Chief Financial Officer (Principal Financial and Accounting Officer) Peyton Boswell 53 Director Rich Meeusen 69 Director Martin Kunz 59 Director According to our bylaws, the number of directors at any one time may not be less than one or more than seven. The maximum number of directors at any one time may be increased by a vote of a majority of the directors then serving. Our charter provides for the annual election of directors. At each annual meeting of stockholders, our directors will be elected for a one-year term and serve until their respective successors have been elected and qualified. It is anticipated that the Board of Directors will meet at least quarterly. Executive officers are appointed by and serve at the pleasure of the Board of Directors. A brief biography of each director and executive officer follows: Alexander Buehler . Mr. Buehler has served as a Director since August 11, 2017 and as Chairman of the Board of Directors since June 23, 2023. He is currently serving as the President & Chief Executive Officer of Integrated Water Services, Inc., a PE-backed company focused on the design-build of water and wastewater treatment systems along with the provision of MBR (membrane bioreactor) products and technologies. Beforehand, he served as the Company's Interim CEO from March 17, 2022, to September 12, 2022, before which, he served as President and CEO of the Brock Group, a leading industrial services provider to multiple industries. Prior thereto, Mr. Buehler served as the EVP of Global Resources for Intertek, the President and CEO of Energy Maintenan

Executive Compensation

Executive Compensation Summary Compensation Table The following table sets forth certain information with respect to compensation for the years ended December 31, 2023 and 2022 earned by or paid to our Chief Executive Officers and

View Full Filing

View this 10-K/A filing on SEC EDGAR