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2025-07-04
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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): July 4, 2025
YUNHONG
GREEN CTI LTD.
(Exact
name of registrant as specified in charter)
| Illinois |
|
000-23115 |
|
36-2848943 |
| (State
or other jurisdiction |
|
(Commission |
|
(IRS
Employer |
| of
incorporation) |
|
File
Number) |
|
Identification
No.) |
22160
N. Pepper Road, Lake Barrington, IL 60010
(Address
of principal executive offices) (Zip Code)
(847)
382-1000
(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 (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)) |
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 |
|
YHGJ |
|
The
Nasdaq Stock Market LLC
(The
Nasdaq Capital Market) |
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
July 8, 2025, the Board of Directors of Yunhong Green CTI Ltd. (the “Company”) appointed Darlene Chiu Bryant as an Independent
Director for the vacant term to conclude upon the election of directors during the 2025 Annual Meeting of Shareholders. The Company previously
announced the retirement of Douglas Bosley from the Board of Directors.
On
July 4, 2025, the Company entered into a Consulting Agreement with an independent, third-party firm. The purpose of this agreement is
to assess and develop strategic alternatives for the Company, including but not limited to: new revenue sources, cost reductions, merger
and acquisition options and other means of potential shareholder value creation.
On
July 8, 2025, the Board of Directors of the Company appointed Sree Kommana, Corporate Controller of the Company, as Principal Financial
Officer (PFO) for the purpose of financial statement filings and related disclosures.
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.
| Dated:
July 9, 2025 |
YUNHONG
GREEN CTI LTD. |
| |
|
|
| |
By:
|
/s/
Jana M. Schwan |
| |
Name: |
Jana
M. Schwan |
| |
Title: |
Chief
Executive Officer |
