공시 • Jun 11
Windtree Therapeutics, Inc. (NasdaqCM:WINT) entered into a binding agreement to acquire Titan Environmental Solutions Inc. (OTCPK:TESI). Windtree Therapeutics, Inc. (NasdaqCM:WINT) entered into a binding agreement to acquire Titan Environmental Solutions Inc. (OTCPK:TESI) on June 10, 2025. As consideration for the transaction, Windtree will issue preferred shares and has secured debt financing to fund the transaction and working capital for the business. Titan Environmental will become Windtree Environmental Services and operate as a subsidiary of Windtree. Members of Titan’s current management team will be retained to leverage their extensive experience in the waste management industry. In the event an agreement cannot be consummated, Windtree Therapeutics is entitled to an $8 million breakup fee. The transaction is expected to close in the 3rd quarter. 공시 • May 17
Titan Environmental Solutions Inc. announced delayed 10-Q filing On 05/16/2025, Titan Environmental Solutions Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. 공시 • Apr 23
Titan Environmental Solutions Inc. Announces Chief Financial Officer Changes On April 15, 2025, Titan Environmental Solutions Inc. appointed Anna Skowron as the Company’s Chief Financial Officer and Secretary, effective immediately. Anna Skowron, age 38, has over 14 years’ experience in strategic accounting and financial leadership, including serving as chief financial officer, chief accounting officer and in other senior financial executive roles at both domestic and multi-national public and private companies. She also has played a key role in various business acquisitions and capital raising initiatives across multiple industries. Since 2015, Ms. Skowron has served as principal of Skowron Accounting Professional Corporation, an Advisory firm that specializes in financial reporting, compliance, corporate governance and business strategy, in which capacity she provides accounting advisory services. From November 2014 to April 2016, Ms. Skowron managed consolidated reporting across North America for a division of ArcelorMittal, a global steel corporation. Ms. Skowron holds a Bachelor of Commerce and Finance with specialization in Accounting and Economics from the University of Toronto and became a member of the Institute of Chartered Accounts of Ontario in 2014. She is licensed as a Chartered Professional Accountant. On April 15, 2025, the Company terminated Michael Jansen as the Company’s Chief Financial Officer. However, Mr. Jansen will continue in the employ of the Company in its accounting group. Mr. Jansen had assumed the office of Chief Financial Officer of the Company at the time of the Company’s acquisition of Titan Trucking in May 2023. 공시 • Apr 22
Titan Environmental Solutions Inc. Appoints Anna Skowron as Secretary, Effective Immediately On April 15, 2025, Titan Environmental Solutions Inc. appointed Anna Skowron as the Company’s Chief Financial Officer and Secretary, effective immediately. Anna Skowron, age 38, has over 14 years’ experience in strategic accounting and financial leadership, including serving as chief financial officer, chief accounting officer and in other senior financial executive roles at both domestic and multi-national public and private companies. She also has played a key role in various business acquisitions and capital raising initiatives across multiple industries. Since 2015, Ms. Skowron has served as principal of Skowron Accounting Professional Corporation, an Advisory firm that specializes in financial reporting, compliance, corporate governance and business strategy, in which capacity she provides accounting advisory services. From November 2014 to April 2016, Ms. Skowron managed consolidated reporting across North America for a division of ArcelorMittal, a global steel corporation. Ms. Skowron holds a Bachelor of Commerce and Finance with specialization in Accounting and Economics from the University of Toronto and became a member of the Institute of Chartered Accounts of Ontario in 2014. She is licensed as a Chartered Professional Accountant. 공시 • Apr 09
Titan Environmental Solutions Inc. Appoints Edward J. Borkowski and Edward F. Feighan to Its Board of Directors Titan Environmental Solutions Inc. announced the appointment of Edward J. Borkowski and Edward F. Feighan to its board of directors, effective immediately. Edward J. Borkowski, age 65, is a healthcare executive who currently serves as an independent consultant. From April 2023 to July 2024, Mr. Borkowski was Executive Vice President and Chief Financial Officer of Purdue Pharma LP, a privately-held pharmaceutical company that is currently in bankruptcy. He was also Executive Vice President for Therapeutics MD Inc., a pharmaceutical company focused on family planning and womens health issues, a position he has held from January 2020 to October 2022. Mr. Borkowski also serves on the board of directors of Entero Therapeutics Inc, a clinical stage biopharmaceutical company, a position he has held since May 2015. He started his career with Arthur Andersen &Co. after receiving his MBA from Rutgers University subsequent to having earned his degree in Economics and Political Science from Allegheny College. Mr. Borkowski is currently a Trustee and a member of the Executive Committee of Allegheny College.Edward F. Feighan, age 77, is currently, and has been since 2016, the Chairman and Chief Executive Officer of Covius LLC, a privately-held firm providing a range of services to the mortgage securitization industry. Mr. Feighan has been an owner and director of Continental Heritage Insurance Company, an early leader in the cannabis insurance market which provides surety bonds and other insurance solutions to the emerging cannabis markets, for more than 20 years. Previously, Mr. Feighan served as Chairman and Chief Executive Officer of ProCentury Insurance Corporation from its initial public offering in 2004 until the sale of the company to another public insurance group in 2008. Mr. Feighan is also Chairman of the Board of Range Impact Inc., a public impact investing company. Mr. Feighan served five terms as a Member of the United States House of Representatives from 1983 to 1993. During those ten years, Mr. Feighan served on the U.S. House Judiciary Committee and Foreign Affairs Committee. Mr. Feighan earned his law degree from Cleveland State University. 공시 • Feb 16
Titan Environmental Solutions Inc. Announces Resignation of Jeff Rizzo as Member of the Board of Directors On February 13, 2025, Jeff Rizzo, a member of the Board of Directors (the “Board”) of Titan Environmental Solutions Inc. (the “Company”), announced his resignation from the Board and all committees thereof. Mr. Rizzo had been a member of the Board since May 19, 2023, at which time the Company acquired Titan Trucking LLC, the Company’s operating subsidiary for which Mr. Rizzo was at that time the Managing Member. Mr. Rizzo previously had, on February 9, 2025, resigned as the Company’s Chief Operating Officer. To the knowledge of the Company, Mr. Rizzo’s decision to resign from the Board was a result of his resignation as an executive officer of the Company and was not related to any disagreements with the Company on any matter relating to its operations, policies or practices or any issues regarding financial disclosures, accounting or legal matters. Following Mr. Rizzo’s resignation from the Board, the Board removed Mr. Rizzo as the President of its operating subsidiaries, Titan Trucking LLC, Standard Trucking LLC and Standard Waste Services, LLC (“Standard”), and appointed Glen Miller, the Company’s Chief Executive Officer, as the President of those subsidiaries. The Board also expanded the role of Dominic Campo, a consultant to the Company and the former Chief Executive of Standard, to oversee the day-to-day operations of the Company’s operating subsidiaries. Mr. Campo was the Chief Executive Officer of Standard at the time of the Company’s acquisition of Standard in May 2024.