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    SEC Form 8-K filed by Montauk Renewables Inc.

    2/14/25 4:31:33 PM ET
    $MNTK
    Natural Gas Distribution
    Utilities
    Get the next $MNTK alert in real time by email
    8-K
    NASDAQ false 0001826600 0001826600 2025-02-14 2025-02-14

     

     

    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): February 14, 2025

     

     

    Montauk Renewables, Inc.

    (Exact name of registrant as specified in its charter)

     

     

     

    Delaware   1-39919   85-3189583

    (State or other jurisdiction

    of incorporation)

     

    (Commission

    File Number)

     

    (IRS Employer

    Identification No.)

     

    5313 Campbells Run Road, Suite 200

    Pittsburgh, PA 15205

    (Address of principal executive offices) (Zip Code)

    (412) 747-8700

    (Registrant’s telephone number, including area code)

    N/A

    (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 $0.01 per share   MNTK   The Nasdaq Capital Market

    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 February 14, 2025, Mr. Michael Jacobson provided notice to Montauk Renewables, Inc. (the “Company”) that he is resigning from the Company’s Board of Directors (the “Board”) effective immediately. Jacobson did not advise the Company of any disagreement with the Board or Company on any matter relating to the Company’s operations, policies or practices.

    On February 14, 2025, the Board reduced its size from seven to six directors and appointed current director Yunis Shaik to the Audit Committee of the Board. The Board has determined that Mr. Shaik is independent under the director independence standards established by the NASDAQ listing standards.


    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.

     

        MONTAUK RENEWABLES, INC.
    Date: February 14, 2025     By:  

    /s/ John Ciroli

        Name:   John Ciroli
        Title:   Chief Legal Officer
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