Current Report Filing (8-k)
May 16 2017 - 9:46AM
Edgar (US Regulatory)
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 26, 2017
XFIT
BRANDS, INC.
(Exact
name of registrant as specified in its charter)
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Nevada
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000-55372
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47-1858485
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(State
or other jurisdiction
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(Commission
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(IRS
Employer
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of
incorporation)
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File
Number)
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Identification
No.)
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25731
Commercentre Drive, Lake Forest, CA
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92630
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code:
(949) 916-9680
(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))
Item
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
of Certain Officers.
Resignation
of David E. Vautrin as Interim Chief Executive Officer, Appointment of J. Gregory Barrow as Interim Chief Executive Officer
On
April 26, 2017 the Registrant accepted the resignation of David E. Vautrin as interim chief executive officer and all officer
positions with the Registrant and its affiliates, who left to pursue other opportunities. Mr. Vautrin remains director of the
Registrant. Mr. J. Gregory Barrow was appointed as interim chief executive officer, to serve until his successor is duly elected
and qualified. Mr. Barrow, 51, is the founder and Managing Director of General Capital Partners (GCP) and has an extensive background
in business leadership, entrepreneurship and investment banking. Greg founded GCP in April of 2002 to leverage his experience
in the distressed marketplace and has transitioned the firm into a preeminent player in the middle market in a variety of industries
including manufacturing, real estate, consumer products, and energy/natural resources. In 2011, GCP shifted its focus to the health
and wellness industry, including the natural food and beverage industry, using its innovate approach to closing deals quickly
while maximizing value.
Mr.
Barrow has led and completed well over 100 transactions valued at over one billion dollars. His expertise has been featured in
media outlets such as Bloomberg, Dow Jones, MSN Money, The Deal, Denver Business Journal and he is a frequent speaker for the
Turnaround Management Association. From 1991 to 1999, Mr. Barrow was the founder and CEO of Peak Resources, Inc., an IBM Business
Partner providing information systems and solutions to Fortune 1000 companies. Mr. Barrow received a B.S. in Business Administration
with emphasis in Computer Science and Accounting from Washington & Lee University.
As
of the date of this Report, the Registrant and Mr. Barrow have not entered into any agreement requiring disclosure under
Item 5.02(c)(3).
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.
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XFIT
BRANDS, INC.
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(Registrant)
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Date:
May 16, 2017
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By:
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/s/
Greg Barrow
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J.
Gregory Barrow
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Interim
Chief Executive Officer
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