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    iMedia Brands Inc. filed SEC Form 8-K: Leadership Update

    8/30/23 4:03:34 PM ET
    $IMBI
    Catalog/Specialty Distribution
    Consumer Discretionary
    Get the next $IMBI alert in real time by email
    0000870826 false NONE true NONE 0000870826 2023-08-28 2023-08-28 0000870826 us-gaap:CommonStockMember 2023-08-28 2023-08-28 0000870826 imbi:SeniorNotes8.50PercentDue2026Member 2023-08-28 2023-08-28 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

     

    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): August 28, 2023

     

    iMedia Brands, Inc.

    (Exact name of registrant as specified in its charter)

     

    Minnesota   001-37495   41-1673770
    (State or other jurisdiction
    of incorporation)
      (Commission
    File Number)
      (IRS Employer
    Identification No.)

     

    6740 Shady Oak Road,

    Eden Prairie, Minnesota 55344-3433

    (Address of principal executive offices)

     

    (952) 943-6000

    (Registrant’s telephone number, including area code)

     

    Not applicable

    (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, $0.01 par value IMBIQ N/A
    8.50% Senior Notes due 2026 N/A N/A

     

    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 August 28, 2023, iMedia Brands, Inc. (the “Company”) terminated Tim Peterman’s employment as Chief Executive Officer with the Company, effective immediately.

     

    On August 28, 2023, the Company terminated Jean Sabatier’s employment as Executive Vice President and Chief Commerce Officer with the Company, effective immediately.

     

     

     

    SIGNATURE

     

    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.

     

    Date: August 30, 2023 iMedia Brands, Inc.
         
      By: /s/ James Alt
        James Alt
        Chief Transformation Officer

     

     

     

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