Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On January 6, 2022, David Benhaim informed the Board of Directors (the "Board")
of Markforged Holding Corporation (the "Company") of his intent to step down
from his position as Chief Technology Officer of the Company. Pursuant to the
Transition Agreement by and between the Company and Mr. Benhaim, dated as of
January 10, 2022 (the "Transition Agreement"), Mr. Benhaim will resign as Chief
Technology Officer effective as of January 12, 2022 and will continue to serve
the Company in an advisory role until July 8, 2022 (the "Transition Period").
During the Transition Period, Mr. Benhaim will continue to receive his current
base salary and employment benefits. The foregoing description of the Transition
Agreement does not purport to be complete and is subject to, and qualified in
its entirety by, the complete text of the Transition Agreement, a copy of which
the Company expects to file with its Annual Report on Form 10-K for the fiscal
year ending December 31, 2021, and upon filing will be incorporated herein by
reference.
Item 7.01. Other Events.
On January 12, 2022, the Company issued a press release announcing Mr. Benhaim's
resignation. A copy of the press release is furnished as Exhibit 99.1 and
incorporated herein by reference. Neither Exhibit 99.1 nor any information
contained therein shall be deemed "filed" for the purposes of Section 18 of the
Securities Exchange Act of 1934 or otherwise subject to the liabilities of that
section, nor shall either Exhibit 99.1 or any information therein be deemed
incorporated by reference in any filing under the Securities Act of 1933 or the
Securities Exchange Act of 1934 except as expressly set forth by specific
reference in such a filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit
No. Description
99.1 Press release issued by Markforged Holding Corporation on
January 12, 2022, furnished herewith.
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses