Results

Amass Brands

10/23/2026 | Press release | Distributed by Public on 10/23/2026 15:21

Corporate Action, Amendments to Bylaws (Form 8-K)

Item 3.03
Material Modification to Rights of Security Holders.
To the extent required by Item 3.03 of Form 8-K, the information contained in Item 5.03 of this Current Report on Form 8-K is incorporated by reference into this Item 3.03.
Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Resignation of Chief Financial Officer Effective as of November 16, 2026
On October 21, 2026, Zachary Ament notified AMASS Brands Inc. (the "Company") of his resignation as Chief Financial Officer of the Company, effective as of November 16, 2026. Mr. Ament's resignation was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices, including its financial disclosures or accounting matters.
The board of directors of the Company has commenced a search for a permanent Chief Financial Officer.
Appointment of Interim Chief Financial Officer Effective as of November 17, 2026
On October 21, 2026, the board of directors of the Company appointed Geoffrey McFarlane to serve as Interim Chief Financial Officer of the Company, effective as of November 17, 2026 immediately following the effectiveness of Mr. Ament's resignation, while the Company conducts a search for a permanent Chief Financial Officer. In such capacity, Mr. McFarlane will serve as the Company's principal financial officer and principal accounting officer.
Mr. McFarlane, age 43, has served as a consultant to the Company since August 2025. He previously served as the Company's Interim Chief Financial Officer from July 2024 to August 2025. Mr. McFarlane is a co-founder of Westbound & Down Brewing Company, where he has worked since December 2015. He also co-founded Winc Wines, where he served as Chief Financial Officer and Chief Operating Officer from August 2011 to January 2018 and as Chief Executive Officer from January 2018 to October 2022.
The appointment of Mr. McFarlane as the Company's Interim Chief Financial Officer was not pursuant to any arrangement or understanding between him and any other person. There are no family relationships between Mr. McFarlane and any director or executive officer of the Company. In addition, Mr. McFarlane has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K, other than: (i)
Mr. McFarlane served as a consultant to the Company following the end of his term as interim Chief Financial Officer in August 2025 and earned a base salary of $20,000 per month in his role as consultant; and (ii) in April 2024, the Company sold the AMASS trademark to Resonant LLC, a special purpose vehicle, whose director is Mr. McFarlane, and concurrently entered into an arrangement pursuant to which the Company would repurchase the trademark following repayment of a secured promissory note entered into in connection with the transaction.
In connection with his appointment, the Company is negotiating compensation arrangement with Mr. McFarlane. The Company has not yet entered into or materially amended any compensatory plan, contract or arrangement with Mr. McFarlane.
Item 5.03
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
Second Amendment and Restatement of Certificate of Designation
As previously disclosed, on August 19, 2026, the Company filed with the Secretary of State of the State of Delaware an Amended and Restated Certificate of Designation of Preferences and Rights of Series C Convertible Preferred Stock (the "First Amended and Restated Certificate of Designation"), which amended and restated in its entirety the Company's original Certificate of Designation of Preferences and Rights of Series C Convertible Preferred Stock. The First Amended and Restated Certificate of Designation provides for 35,000 authorized shares of the Company's Series C Convertible Preferred Stock, par value $0.00001 per share (the "Series C Preferred Stock"), each with a stated value of $1,086.96.
On October 22, 2026, upon obtaining the written consent of the holders of a majority of the then outstanding shares of the Series C Preferred Stock, and the approval of the Company's Board of Directors, in accordance with the Delaware General Corporation Law and Section 11(b) of the First Amended and Restated Certificate of Designation, the Company, on October 22, 2026, filed with the Secretary of State of the State of Delaware a Second Amended and Restated Certificate of Designation of Preferences and Rights of Series C Convertible Preferred Stock (the "Second Amended and Restated Certificate of Designation"), which amended and restated in its entirety the First Amended and Restated Certificate of Designation.
The Second Amended and Restated Certificate of Designation, among other things: (1) reduced the minimum "Floor Price" below which the conversion price of the Series C Preferred Stock may not be reduced from $4.00 per share to $1.00 per share; (2) eliminated the prior $0.75 per share minimum threshold on the "Market Price," and the Market Price would be calculated as 90% of the lowest daily volume weighted average price of the Company's common stock during the ten trading day period prior to the applicable measurement date; and (3) made certain conforming, clarifying and other non-substantive changes, including updates to the recitals to reflect the First Amended and Restated Certificate of Designation.
The foregoing description of the Second Amended and Restated Certificate of Designation is qualified in its entirety by reference to the full text of the Second Amended and Restated Certificate of Designation, which is filed as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Amass Brands published this content on October 23, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on October 23, 2026 at 21:21 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]