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UNITED STATES
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):
July 8, 2025
FLEXSHOPPER, INC. |
(Exact name of registrant as specified in its charter) |
Delaware |
|
001-37945 |
|
20-5456087 |
(State or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS Employer
Identification No.) |
901 Yamato Road, Suite 260
Boca Raton, Florida |
|
33431 |
(Address of Principal Executive Offices) |
|
(Zip Code) |
Registrant’s telephone number, including
area code: (855) 353-9289
N/A |
(Former name or former address, if changed since last report.) |
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, par value $0.0001 per share |
|
FPAY |
|
The Nasdaq Stock Market LLC |
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):
☐ | 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)) |
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. ☐
CURRENT REPORT ON FORM 8-K
FlexShopper, Inc. (the “Company”)
July 8, 2025
Item 5.02. |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On July 8, 2025, the Board
of Directors of the Company appointed John Davis, the Company’s current Chief
Operating Officer, to the additional position of President of the Company.
Mr. Davis, age 55, has
served as Chief Operating Officer of the Company since November 2020. From April 2020 to November 2020, Mr. Davis
was a consultant to the company through Woodlands Financial Advisory LLC in which he served as Chief Executive Officer. From May 2016
to March 2020, Mr. Davis served as President of Credit and Collections and Chief Credit Officer with Conn’s Homeplus,
a specialty retailer that offers a selection of consumer goods in addition to credit solutions for its core customers. Prior to Conn’s,
he served as Founder and Chief Executive Officer of GFC Advisors, Ltd., a consultancy in the consumer credit industry, from 2013 to 2016,
President of E-Commerce of DFC Global Corp, an international specialty finance company, from 2011 to 2013, Managing Director of MEM
Consumer Finance, a specialty finance company based in the United Kingdom, from 2010 to 2011, and Managing Director of Forecasting and
Risk Management with CompuCredit Corp. from 2000 to 2010. Mr. Davis holds a Bachelor of Science degree in Computer Information Science
from the University of Delaware.
The Company and John Davis
are parties to an Employment Agreement made and entered into effective as of February 23, 2022, pursuant to which Mr. Davis has served
as the Chief Operating Officer of the Company. The Company and Mr. Davis intend to enter into an amendment to the Employment Agreement. Mr.
Davis has not engaged in a related party transaction with the Company during the last two fiscal years, and there are no family relationships
between Mr. Davis and any of our other executive officers or directors.
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.
|
FLEXSHOPPER, INC. |
|
|
Dated: July 14, 2025 |
By: |
/s/ John Davis |
|
|
Name: |
John Davis |
|
|
Title: |
President and Chief Operating Officer |
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