Filing Overview
This Form 6-K was filed by Flora Growth Corp., not Zerostack Corp. It covers June 2021 and was signed June 10, 2021. The filing reports executive appointments rather than operating or financial results.
Business Context and Reporting Period
Flora Growth Corp. is an Ontario corporation with principal executive offices in Toronto, Canada. The company indicated that it files annual reports on Form 20-F.
Executive Appointments
- Jason Warnock was appointed Chief Revenue Officer, effective June 9, 2021.
- Lee Leiderman was appointed Chief Financial Officer, effective June 10, 2021.
- Leiderman succeeded Deborah Battiston following her retirement as CFO.
- Both executives will serve under independent contractor agreements and will be compensated according to those agreements.
Financial Metrics and Liquidity
The filing does not provide revenue, profit, cash flow, margin, debt, liquidity, balance sheet, or other financial metrics.
Material Changes and Outlook
The material change disclosed is the transition in the CFO role and the creation or filling of the CRO role. The filing provides no formal financial guidance, operating forecast, or management outlook.
Risks, Contingencies, and Unusual Items
- The filing states that neither appointee has a reportable family relationship with a director or officer.
- It also states that neither appointee had or will have a disclosed direct or indirect material interest in transactions requiring disclosure under Item 404(a) of Regulation S-K.
- No litigation, contingencies, unusual accounting items, or other risk factors are disclosed.
Facts for Investor Verification
- Verify the issuer identity: the supplied filing is for Flora Growth Corp., while the request metadata identifies Zerostack Corp.
- Confirm the effective dates of the appointments: June 9, 2021 for the CRO and June 10, 2021 for the CFO.
- Review the independent contractor agreements for compensation, term, termination provisions, and other material terms.
- Confirm Deborah Battiston’s retirement and the resulting CFO succession in subsequent filings.