UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
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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. ¨
Section 5 - Corporate Governance and Management
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
After seven years of loyal and professional service as a KonaTel Independent Director, Mr. Jeffrey R. Pearl has elected to step down from his seat on the Board of Directors, effective April 16, 2025. The Company thanks Mr. Pearl for his professional service to the Company. The following is what Mr. Pearl stated in his resignation letter, which is attached hereto in “Item 9.01 Financial Statements and Exhibits,” as Exhibit 99:
It is with careful consideration that I submit my resignation from my position as a member of the Board of Directors at KonaTel, effective immediately.
I have truly appreciated the opportunity to contribute to the organization and work alongside esteemed colleagues. However, due to the lack of regular board meetings and the ongoing challenges faced by the company, I feel that my experience and expertise are not being fully utilized. As such, I believe it is in the best interest of both myself and KonaTel that I step down at this time.
I am confident that the board will continue to strive for the utmost success of the organization, and I remain optimistic about the potential for positive change and stability in the future.
Thank you for the opportunity to serve.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits:
Exhibit No. | Description of Exhibit | |
99 | Resignation of Jeffrey R. Pearl as an Independent Director dated April 16, 2025. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
KonaTel, Inc. | ||
Date: May 15, 2025 | By: | /s/ D. Sean McEwen |
D. Sean McEwen | ||
Chairman, Chief Executive Officer and Director |
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