false 0000803578 0000803578 2022-04-18 2022-04-18
 
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): April 18, 2022
 
WAVEDANCER, INC.
(Exact name of registrant as specified in its charter)
 
DE 000-22405 54-1167364
(State or other jurisdiction
of incorporation)
(Commission
File Number)
 (IRS Employer
Identification No.)
                                   
12015 Lee Jackson Memorial Highway
Suite 210
Fairfax, VA 22033
(Address of principal executive offices, including zip code)
 
703-383-3000
(Registrant's telephone number, including area code)
 
 
(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
Symbol(s)
Name of each exchange on which registered
Common Stock, par value $0.001 per share
WAVD
The Nasdaq Stock Market, LLC
 
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 April 18, 2022, the Board appointed Linda L. Singh, age 57, as a Class I member of the Board of Directors. It has not yet been determined to which committee or committees Ms. Singh will be appointed. Ms. Singh currently serves as the CEO of Kaleidoscope Affect, LLC, a consulting and strategic advisory firm she founded in 2014. From January 2020 through January, 2022, Ms. Singh served as a Clinical Professor of Leadership at Towson University. For the first nine months of 2020, Ms. Singh was the Interim Executive Director/ CEO of the Maryland Technology Development Corporation, a state sponsored organization that supports start-up businesses in Maryland. From 1995 to May, 2016, Ms. Singh held various positions with Accenture Inc., eventually becoming a managing director in 2011 and thereafter being appointed as the Director of Operations for Health and Public Services, an operating unit with $3.4 billion in revenue. Ms. Singh was the Adjutant General and Secretary of the Military Department of Maryland. Ms. Singh has held various command and staff positions from 1992 to 2015 in the Maryland National Guard rising to the rank of Major General. Ms. Singh obtained her Bachelor of Science Business Administration degree from Washington Adventist University, a Master of Business Administration degree from Touro University International and a PhD, Industrial and Organizational Psychology from Capella University. She was a board member of Howard Bank from 2020 to 2022 and has served in various non-profit and governmental committees and organizations throughout her career. Ms. Singh was inducted into the Maryland Women’s Hall of Fame in 2015.
 
Item 9.01
Financial Statements and Exhibits
 
Exhibit No. Description
   
99.1 Press Release dated April 18, 2022
   
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
           
 

 
 
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 hereunto duly authorized.
 
 
   
WAVEDANCER, INC.
Date: April 22, 2022
By:
/s/ Timothy G. Hannon
   
Timothy G. Hannon
   
Chief Financial Officer
 
 
 
 

Exhibit 99.1

 

 

 

NEW BOARD MEMBER BRINGS VAST EXPERIENCE ACROSS A RANGE OF LEADERSHIP POSITIONS

 

FAIRFAX, Va., April 18, 2022 (GLOBE NEWSWIRE) -- WaveDancer, Inc. (NASDAQ: WAVD) announced today the appointment of Major General Linda Singh to its Board of Directors. With a combination of public and private sector experience that spans defense, health, state and local government, Singh brings a unique perspective to the WaveDancer board.

 

Singh served as a Major General in the Maryland National Guard, dedicating more than 38 years of service to Maryland’s military. As the Adjutant General, a Cabinet-level Secretary, she was responsible for the Maryland Military Department and all matters affecting Maryland’s National Guard service members.  In this capacity she reported directly to the Governor of Maryland.

 

During a 21-year career at Accenture, Singh served as the Managing Director leading the Health and Public Service North America Operating Unit, a multi-billion-dollar business segment. She also brings public company board experience having served on the Board of Howard Bank.

 

Singh holds a bachelor’s degree in business, a Master of Business Administration, a Master of Strategic Studies, and a PhD in Industrial and Organizational Psychology. She has received numerous awards, including the Top 100 Diverse Emerging Leaders and The Network Journal 25 Influential Black Women in Business Award. She is the recipient of the Ellis Island Medal of Honor. Singh is also inducted into the Maryland Women’s Hall of Fame and has been named as one of InStyle Magazine’s “Badass 50” for her history making history as a member of many leadership teams.

 

Jamie Benoit, Chairman and CEO of WaveDancer, said, “Linda Singh’s appointment to WaveDancer’s board represents a significant step forward for us and is proof that we intend to build a board representative of the core values of our company: integrity, excellence, service to the Nation and diversity.” He added, “Linda has done it all from leading a large and complex military organization, successfully leading a major corporate enterprise, serving on a public company board, and inspiring others through her ongoing mentorship of young professionals around the country. We’re lucky to have her.”

 

“I am excited to join the board of WaveDancer and I am looking forward to being part of an exciting journey where technical innovation and imagination creates a safer tomorrow,” said Linda Singh. “I look forward to partnering with Jamie and the entire management team to build a company that delivers mission-enabling technology solutions and significant shareholder value.”  

 

 

 

 

About WaveDancer

 

WaveDancer (www.wavedancer.com), headquartered in Fairfax, Virginia, offers zero trust blockchain-enabled software solutions for supply chain security. Our technologies are deployed and being used to help organizations manage very complex supply chain challenges. Customers are using the WaveDancer platform to gain unprecedented levels of accountability, auditability, and predictability from their data, while giving insights to their partners and suppliers through a controlled, distributed ledger that is immutable and can be trusted by all parties. In March 2022, WaveDancer announced a Definitive Agreement to acquire Knowmadics, Inc., a leading provider of IoT device and data management software solutions.

 

Additional information for investors

 

This release may contain forward-looking statements regarding the Company's business, customer prospects, or other factors that may affect future earnings or financial results. Such statements involve risks and uncertainties which could cause actual results to vary materially from those expressed in the forward-looking statements. Investors should read and understand the risk factors detailed in the Company's 10-K for the fiscal year ended December 31, 2021 and in other filings with the Securities and Exchange Commission.

 

For additional information contact:

 

Jeremy Hellman, CFA
Vice President
The Equity Group Inc.
jhellman@equityny.com
(212) 836-9626