공시 • Sep 29
FitLife Brands, Inc. (NasdaqCM:FTLF) entered into an agreement to acquire Substantially all of the assets of MusclePharm Corporation (OTCPK:MSLP.Q) for $18.3 million. FitLife Brands, Inc. (NasdaqCM:FTLF) entered into an agreement to acquire Substantially all of the assets of MusclePharm Corporation (OTCPK:MSLP.Q) for $18.3 million on September 5, 2023. The Purchase Price is subject to adjustment and is expected to be funded from available cash and the proceeds from a committed $10.0 million term loan from First Citizens Bank with an interest rate equal to the SOFR (secured overnight financing rate) plus 275 basis points. On September 21, 2023, the U.S. Bankruptcy Court for the District of Nevada approved the transaction. Closing of the sale will occur on or before October 16, 2023. Samuel A. Schwartz of Schwartz Law, PLLC acted as legal advisor to MusclePharm. Todd Feinsmith of Troutman Pepper Hamilton Sanders LLP acted as legal advisor to FitLife Brands. 공시 • Sep 01
Musclepharm Corporation Announces Resignation of Paul Karr as Director Effective as of August 9, 2023, Paul Karr resigned as director MusclePharm Corporation. Mr. Karr’s resignation from the Board of Directors of the Company did not result from any disagreement with the Company. 공시 • Jul 22
Musclepharm Corporation Terminates Gary Shirshac as Chief Financial Officer Effective as of July 10, 2023, MusclePharm Corporation terminated Chief Financial Officer, Gary Shirshac. There are no family relationships between Mr. Shirshac and any other director or officer of the Company. There are no transactions in which Mr. Shirshac has an interest requiring disclosure under Item 404(a) of Regulation S-K. Separately, on December 15, 2022, the Company filed for protection under Chapter 11 of the United States Bankruptcy Code before the United States Bankruptcy Court for the District of Nevada, Case No. 22-14422 – NMC. Attached hereto are copies of the Monthly Operating Reports filed in the bankruptcy case. 공시 • Dec 16
MusclePharm Corporation Filed for Bankruptcy MusclePharm Corporation filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Nevada on December 15, 2022. The debtor listed both its assets and liabilities in the range of $10 million to $50 million. The debtor is represented by Samuel A. Schwartz of Schwartz Law, PLLC as its legal counsel. 공시 • Sep 30
MusclePharm Corporation Appoints Gary C. Shirshac to Serve as Interim Chief Financial Officer On September 26, 2022, MusclePharm Corporation appointed Gary C. Shirshac to serve as interim chief financial officer. There are no family relationships between Mr. Shirshac and any other director or officer of the company. There are no transactions in which Mr. Shirshac has an interest requiring disclosure under Item 404(a) of Regulation S-K. Set forth below is the biographical information of Mr. Shirshac, as required by Item 401 of Regulation S-K. Mr. Shirshac’s base salary is $250,000 and he will be eligible to participate in the company’s benefits plan as of October 1, 2022. Prior to joining the company, Mr. Shirshac, 60, served as the chief financial officer and on the board of Directors of Newpoint Financial Corporation from 2020 to February 2022. Prior to that, Mr. Shirshac served as the Chief Financial Officer and Managing Director of GCS Consulting from 2013 to 2019. Mr. Shirshac’s work experience prior to that included accounting, tax and SEC compliance work in-house, as a consultant and in national accounting firms. Mr. Shirshac is a Certified Public Accountant and received his BS Accountancy from Villanova University. 공시 • Aug 18
MusclePharm Corporation announced delayed 10-Q filing On 08/17/2022, MusclePharm Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC. 공시 • Jul 07
MusclePharm Announces the Launch of FitMiss Energy MusclePharm Corporation announced the launch of FitMiss Energy, a ready-to-drink, zero-calorie functional energy beverage featuring 450mg of Branched Chain Amino Acids (“BCAA”), 200mg of caffeine, and 100% recommended dietary intake (“RDI”) of Biotin per can in three refreshing flavors: Pineapple Coco, Mango Sunshine, and Watermelon Waterfall. The MusclePharm FitMiss brand has been a leader in the female performance segment, with FitMiss Delight, for the last 5 years. Building onto the FitMiss brand family, FitMiss Energy features no artificial colorings or flavorings and is available in competitively priced, 12-can cases of a single flavor or a variety-pack format exclusively on Amazon. 공시 • Jun 24
Musclepharm Corporation Appoints Eric Chin as Chief Accounting Officer MusclePharm Corporation announced that effective as of June 17, 2022 the company appointed Mr. Eric Chin as the Company’s Chief Accounting Officer. Mr. Chin, age 42, joins the Company from Apollo Medical Holdings Inc., where he served as Chief Financial Officer. From 2015 to 2018, Mr. Chin served as the Controller/Head of Finance - Real Estate of Public Storage. From 2011 to 2015, he served as Assistant Vice-President - Financial Reporting of Alexandria Real Estate Equities Inc. Mr. Chin began his career at Ernst & Young, LLP in 2002. Mr. Chin is a Certified Public Accountant. He received his Bachelor of Arts in Business/Economics with Accounting and Computing from UCLA. 공시 • Jun 15
MusclePharm Corporation Appoints Sabina Rizvi as Member of the Board of Directors MusclePharm Corporation announced that effective June 10, 2022, the company appointed Sabina Rizvi, the Company’s President and Chief Financial Officer, as a member of the board of directors of the Company. Sabina Rizvi has served as the Company’s President and Chief Financial Officer since April 2021. Previously, Ms. Rizvi held multiple C-suite roles at Yum! Brands, with increasing responsibility including CFO of the Canadian and Thailand business units and President and General Manager of Pizza Hut Thailand, where she oversaw significant growth of the brand. Most recently, she was Chief Operating Officer, Yum! Digital and Technology, playing an instrumental role in leveraging technology to transform the customer experience. Ms. Rizvi graduated from University of Windsor, Canada with a Master of Business Administration and completed her Honors Bachelor of Mathematics from University of Waterloo, Canada. The Company believes Ms. Rizvi is qualified to serve as a member of the Company’s board of directors because of the aforementioned experience and the breadth of her management responsibilities with the Company. 공시 • May 12
MusclePharm Corporation to Report Q1, 2022 Results on May 16, 2022 MusclePharm Corporation announced that they will report Q1, 2022 results After-Market on May 16, 2022 공시 • Apr 13
MusclePharm Corporation to Report Q4, 2021 Results on Apr 14, 2022 MusclePharm Corporation announced that they will report Q4, 2021 results After-Market on Apr 14, 2022 공시 • Feb 08
MusclePharm Rolls Out New and Improved MP Combat Protein Powder to Costco US MusclePharm Corporation announced the expansion of its product line with Costco U.S with the roll out of its reformulated MP Combat Protein Powder in a newly sized tub. The reformulated product has an improved taste and mixability factor and is now being sold in Costco U.S in a recyclable, 6.2-liter tub. The new product will be part of a promotion running in all Costco U.S stores this March with samples available for customers to try out the new taste. 공시 • May 18
MusclePharm Corporation announced delayed 10-Q filing On 05/17/2021, MusclePharm Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC. 공시 • Jan 22
Musclepharm Appoints Michael Heller to Its Board of Directors MusclePharm Corporation announced that it has appointed Michael Heller to its Board of Directors. Michael Heller, Principal of Talent Resources Holdings, is a marketing visionary in the world of influencer, celebrity, athlete and social media marketing. He has become a leading industry voice, having appeared in such major outlets as CNBC, Business Insider, Fortune, Fox Business, Buzzfeed, CNN, Digiday, The Hollywood Reporter, Vanity Fair and many others. With over 25 years of experience, Michael has conceived and produced some of the most high-profile events and activations in the country, including the annual Sports Illustrated Super Bowl party. 공시 • Jan 09
William Bush Submits Resignation from the Board of Directors of MusclePharm Corporation and All Committees On December 31, 2020, William Bush submitted his resignation from the Board of Directors of MusclePharm Corporation and all committees on which he served, effective the date thereof. 