# EDGAR Filing Document

**Accession Number:** 0001662684
**File Stem:** 0001104659-23-038008
**Filing Date:** 2023-3
**Character Count:** 14294
**Document Hash:** 5522726c460280f24ad25ef19ae2b271
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-038008.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001104659-23-038008

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20230329

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** KULR Technology Group, Inc.
- **CENTRAL INDEX KEY:** 0001662684
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRONIC COMPONENTS & ACCESSORIES [3670]
- **IRS NUMBER:** 811004273
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40454
- **FILM NUMBER:** 23771854

**BUSINESS ADDRESS:**
- **STREET 1:** 4863 SHAWLINE STREET
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92111
- **BUSINESS PHONE:** 408-663-5247

**MAIL ADDRESS:**
- **STREET 1:** 4863 SHAWLINE STREET
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92111

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** KT High-Tech Marketing Inc.
- **DATE OF NAME CHANGE:** 20160420

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Grant Hill Acquisition Corp
- **DATE OF NAME CHANGE:** 20151231

?xml version="1.0" encoding="utf-8"?

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, DC 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): March 29, 2023

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| |
|:---|
| **KULR TECHNOLOGY GROUP, INC.** |
| (Exact name of the registrant as specified in its charter) |

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| | | |
|:---|:---|:---|
| **Delaware** | **001-40454** | **81-1004273** |
| (State or other jurisdiction of<br> incorporation) | (Commission<br> File Number) | (IRS Employer Identification <br> No.) |

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**4863 Shawline Street, San Diego, California 92111**

(Address of principle executive offices) (Zip code)

Registrant's telephone number, including area code: **(408) 663-5247**

(Former name or 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):

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|:---|
| 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)) |

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Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of Each Class** | **Trading Symbol(s)** | **Name of Each Exchange on Which Registered** |
| Common Stock | KULR | NYSE American LLC |

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Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2).

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. ◻

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|:---|:---|
| **Item 5.02** | **Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.** |

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*Appointment of Chief Operating Officer*

Effective as of March 31, 2023, KULR Technology Group, Inc. ("KULR" or the "Company") announced the appointment by the Company's Board of Directors (the "Board") of Shawn Canter as Chief Financial Officer ("CFO") of the Company.

Mr. Canter, age 52, is a seasoned corporate executive and board member with over 25 years of experience leading teams in hands-on roles in both institutional and early/growth stage companies bringing solutions to complex situations. He gained significant financial and transactional experience as an executive in mergers and acquisitions ("M&A") at Goldman Sachs and at Bank of America's investment banking division where he also served as Chief Operating Officer of M&A. Currently, Mr. Canter is a partner at Orange Capital Ventures, a venture capital fund. In his new position with KULR, Mr. Canter will be responsible for financial management and driving a disciplined fiscal strategy while scaling the Company through its commercialization phase. Mr. Canter received a bachelor's degree in economics and a master's degree in organizational behavior from Stanford University, as well as a JD and an MBA from the University of Michigan.

Mr. Canter shall receive an annual salary of $250,000. In connection with his appointment, the Board granted Mr. Canter 1,500,000 shares of the Company's common stock, which shall vest in five (5) equal annual installments. No arrangement or understanding exists between Mr. Canter and any other persons pursuant to which he was appointed to the management of the Company. Mr. Canter has not engaged in any transaction or any currently proposed transaction, in which the Company was or is to be a participant and the amount involved exceeds $120,000, and in which any related person had or will have a direct or indirect material interest.

In recognition of Mr. Canter's value to the Company and his appointment to the CFO position, Simon Westbrook resigned as CFO. Mr. Westbrook's resignation was not as a result of any disagreements with the Company on any matter relating to its operations, policies or practices.

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|:---|:---|
| **Item 7.01** | **Regulation FD Disclosure** |

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On March 29, 2023, the Company issued a press release announcing Mr. Canter's appointment as CFO of the Company.

A copy of the above-mentioned press release is attached herewith as Exhibit 99.1.

By filing this Current Report on Form 8-K and furnishing the information contained herein, the Company makes no admission as to the materiality of any information in this report that is required to be disclosed solely by reason of Regulation FD. The Company uses, and will continue to use, its website, press releases, and various social media channels, including its Twitter account (<u>twitter.com/kulrtech</u>), its LinkedIn account (<u>linkedin.com/company/kulr-technology-corporation</u>), its Facebook account (<u>facebook.com/KULRTechnology</u>), its TikTok account (<u>tiktok.com/Kulr_tech</u>), its Instagram account (<u>instagram.com/Kulr_tech</u>), and its YouTube account (<u>youtube.com/channel/UC3wZBPINQd51N6p35Mo5uQg</u>), as additional means of disclosing public information to investors, the media and others interested in the Company. It is possible that certain information that the Company posts on its website, disseminated in press releases and on social media could be deemed to be material information, and the Company encourages investors, the media and others interested in the Company to review the business and financial information that the Company posts on its website, disseminates in press releases and on the social media channels identified above, as such information could be deemed to be material information.

The information in this Item 7.01 disclosure, including Exhibit 99.1, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities under that Section. In addition, the information in this Item 7.01 disclosure, including Exhibits 99.1, shall not be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

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| | |
|:---|:---|
| **Item 9.01** | **Exhibits** |

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| | |
|:---|:---|
| **Exhibit <br> No.** | **Description** |
| [99.1](tm2310785d1_ex99-1.htm) | [Press Release dated March 29, 2023](tm2310785d1_ex99-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on behalf of the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
|  | KULR TECHNOLOGY GROUP, INC. | KULR TECHNOLOGY GROUP, INC. |
| Date: March 29, 2023 | By: | /s/ Michael Mo |
|  |  | Michael Mo |
|  |  | Chief Executive Officer |

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## Exhibit 99.1

**Exhibit 99.1**

![](image_001.jpg)

**KULR Continues to Strengthen Leadership Team with Appointment of Former Goldman Sachs M&A Executive Shawn Canter as its New Chief Financial Officer**

**SAN DIEGO / GLOBENEWSWIRE / March 29, 2023** / <u>KULR Technology Group, Inc.</u> (NYSE American: KULR) (the "Company" or "KULR"), a leading energy management platform company accelerating the global transition to a sustainable electrification economy, today announced it has strengthened its executive leadership team with the appointment of Shawn Canter as its Chief Financial Officer ("CFO"). Mr. Canter begins his role at the Company effective March 31, 2023.

Mr. Canter is a seasoned corporate executive and board member with over 25 years of experience leading teams in hands-on roles in both institutional and early/growth stage companies bringing solutions to complex situations. He gained significant financial and transactional experience as an executive in M&A at Goldman Sachs and at Bank of America's investment bank where he also served as Chief Operating Officer of M&A. Currently, Mr. Canter is a partner at Orange Capital Ventures.

In his new position, Mr. Canter will be responsible for financial management and driving a disciplined fiscal strategy while scaling the Company through its commercialization phase.

Michael Mo, KULR's CEO, stated, "We are pleased to welcome Shawn to the team at an important time for KULR and its growth. Shawn has extensive experience in supporting and guiding the scaling up of organizations to commercial maturity, and he brings a disciplined approach to driving shareholder value that complements our strategy. In addition to benefiting from his strong financial management skills, I look forward to collaborating with Shawn on our capital markets activities and believe he will be a valuable addition to our team with his leadership and team oriented value system."

Mr. Canter commented, "I am very excited to join the KULR team and be a part of the mission to catalyze our industry leading, sustainable energy storage and thermal management technologies to make sustainable energy solutions more effective and safer. With existing marquee customers like NASA and the US military, KULR is poised to seize an enormous commercial opportunity as the market for electrification expands globally. This is an exciting time for sustainable energy technologies, and KULR is on the cutting edge."

Mr. Canter received a bachelor's degree in economics and a master's degree in organizational behavior from Stanford University, as well as a JD and an MBA from the University of Michigan.

This announcement follows the retirement of Simon Westbrook as KULR's CFO, effective at the close of business on March 30, 2023. Michael Mo added, "the Company sincerely thanks Simon for his invaluable contributions as KULR's CFO all these years and we wish him all the best in his future endeavors."

**About KULR Technology Group Inc.**

KULR Technology Group Inc. (NYSE American: KULR) is a leading energy management platform company offering proven solutions that play a critical role in accelerating the electrification of the circular economy. Leveraging a foundation in developing, manufacturing, and licensing next-generation carbon fiber thermal management technologies for batteries and electronic systems, KULR has evolved its holistic suite of products and services to enable its customers across disciplines to operate with efficiency and sustainability in mind. For more information, please visit <u>www.kulrtechnology.com</u>.

**Safe Harbor Statement** 

This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed with the Securities and Exchange Commission on March 28, 2022. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. All forecasts are provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely on management's best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

**Investor Relations:**

Mark Komonoski

Partner

Integrous Communications

Phone: 1-877-255-8483

Email: <u>kulr@integcom.us</u>