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): September 28, 2018

 

 

 

SALON MEDIA GROUP, INC.

(Exact name of registrant as specified in charter)

 

 

Delaware

0-26395

94-3228750

(State or other jurisdiction of

incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

870 Market Street

San Francisco, CA 94102

(Address of principal executive offices)

 

 

Registrant’s telephone number, including area code: (415) 870-7566

 

 

(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 (see General Instruction A.2. below):

 

☐ 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))

 

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 Principal Officers; Election of Directors; Appointment of Principal Officers.

 

Effective as of September 28, 2018, Salon Media Group, Inc.’s (the “Company”) Chief Financial Officer, Elizabeth Hambrecht, provided notice that she is resigning from the Company, effective immediately. Ms. Hambrecht’s resignation is not because of any disagreements with Salon Media Group, Inc. on matters relating to its operations, policies and practices. Until a replacement is named, Salon’s accounting team will be overseen by both Salon’s Accounting Manager, and its Chief Executive Officer.

 

Section 9 – Financial Statements and Exhibits

 

Item 9.01   Financial Statements and Exhibits.

 

 

(c)

Exhibits.

 

  99.1       Resignation of Elizabeth Hambrecht.

 

 

 

 

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 thereunto duly authorized.

 

 

SALON MEDIA GROUP, INC.

     
  By: /s/ Jordan Hoffner
  Name: Jordan Hoffner
  Title: Chief Executive Officer

 

 

Dated: October 3, 2018

Exhibit 99.1

 

 

RESIGNATION OF OFFICER

 

 

September 28, 2018

 

 

 

Boards of Directors

Salon Media Group, Inc.

 

 

To whom it may concern:

 

I tender my resignation as Chief Financial Officer of Salon Media Group, Inc. effective immediately.

 

My resignation is not because of any disagreements with Salon Media Group, Inc. on matters relating to its operations, policies and practices.

 

Thank you in advance for your prompt attention to this matter.

 

 

 

 

  Sincerely yours,
   
  /s/ Elizabeth Hambrecht
   
  Elizabeth Hambrecht