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

 

September 14, 2018

Date of Report (Date of earliest event reported)

 

DAVIDsTEA Inc.

(Exact name of registrant as specified in its charter)

 

 

5430 Ferrier, Mount-Royal
Québec, Canada

(Address of principal executive offices)

 

(888) 873-0006

(Registrant’s telephone number, including area code)

 

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:

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a- 12 under the Exchange Act (17 CFR 240.14a- 12)

 

o            Pre- commencement communications pursuant to Rule 14d- 2(b) under the Exchange Act (17 CFR 240.14d- 2(b))

 

o            Pre- commencement communications pursuant to Rule 13e- 4(c) under the Exchange Act (17 CFR 240.13e- 4(c))

 

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 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

 

Emerging growth company x

 

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. x

 

 

 

Item 8.01.  Other Events.

 

On September 14, 2018, DAVIDsTEA Inc. (the “Company”) announced that its Board Of Directors appointed Pat De Marco, CPA, CA as lead director. Mr. De Marco, who was elected to the Board of Directors at the Company’s annual meeting held on June 14, 2018, is also chair of the Audit Committee of the Board of Directors and a member of the Corporate Governance and Nominating Committee.

 

A copy of the press release issued on September 14, 2018, regarding the appointment of  Mr. De Marco as lead director is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference into this Item 8.01.

 

Item 9.01. Financial Statements and Exhibits.

 

Exhibit
Number		Description
99.1		DAVIDsTEA Inc. Press Release dated September 14, 2018

 

2

 

EXHIBIT INDEX

 

Exhibit
Number		Description
99.1		DAVIDsTEA Inc. Press Release dated September 14, 2018

 

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.

 

 

DATED: September14, 2018	DAVIDsTEA Inc.
	By:	/s/ Herschel Segal
		Herschel Segal
		Executive Chairman and Interim Chief Executive Officer

 

4

Exhibit 99.1

 

DAVIDsTEA APPOINTS PAT DE MARCO, CPA, CA AS LEAD DIRECTOR

 

MONTREAL, September 14, 2018 — DAVIDsTEA Inc. (Nasdaq: DTEA) is pleased to announce that its Board of Directors has appointed Pat De Marco, CPA, CA as lead director.  Mr. De Marco, who was elected to the Board of Directors at DavidsTea’s annual meeting held on June 14, 2018, is also chair of the Audit Committee of the Board of Directors and a member of the Corporate Governance and Nominating Committee.

 

Pat De Marco has been President and Chief Operating Officer of Viau Food Products Inc. of Laval, Québec, a large Canadian processor of beef and pork products, since 2008.  Prior thereto, Mr. De Marco held senior executive positions at Moores Retail Group Inc., Canada’s leading menswear retailer, from 1995 as Chief Financial Officer and from 2002 as President.  Prior to that, Mr. De Marco was a partner at Ernst & Young LLP, where for 13 years he audited and consulted for companies in the manufacturing, real estate and consumer goods sectors.  Mr. De Marco is a CPA, and holds a Bachelor of Commerce degree from Concordia University, Montreal, Québec.

 

About DAVIDsTEA

 

DAVIDsTEA is a retailer of specialty tea, offering a differentiated selection of proprietary loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts, accessories and food and beverages, primarily through 239 company-operated DAVIDsTEA stores throughout Canada and the United States as of August 4, 2018, and its website, davidstea.com.  The Company is headquartered in Montréal, Canada.

 

Investor Contact MaisonBrison Communications Pierre Boucher 514-731-0000 investors@davidstea.com

Media Contact Lyla Radmanovich 514-845-8763 media@rppelican.ca