UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K/A
Amendment No. 2

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):      November 1, 2018

AquaVenture Holdings Limited
(Exact name of registrant as specified in Charter)

 

 

 

 

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))

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.    ☒

 

 

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EXPLANATORY NOTE

 

On November 1, 2018, AquaVenture Holdings, Inc., a wholly-owned subsidiary of AquaVenture Holdings Limited (the “Company”), announced an executive transition plan.

 

This Amendment No. 2 on Form 8-K/A amends and supplements the disclosure in Item 5.02 of both the Current Report on Form 8-K filed by the Company on November 1, 2018 (the “Original Form 8-K”) and Current Report on Form 8-K/A filed by the Company on January 7, 2019 (“Amendment No. 1”) to provide updated information regarding changes to compensation arrangements of certain officers. All of the other information in the Original Form 8-K and Amendment No. 1 remains unchanged. This amendment should be read in conjunction with the Original Form 8-K and Amendment No. 1.

 

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

 

Effective January 1, 2019 Olaf N. Krohg, the Chief Executive Officer of Seven Seas Water and an executive officer of the Company, will be paid a salary of $325,000 per year and have a target bonus of $100,000. In addition, Mr. Krohg  was granted long-term incentive grants worth $250,000.   

 

 

 

 

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