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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 
FORM 8-K
 

CURRENT REPORT
Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): June 30, 2023

 

Next Bridge Hydrocarbons, Inc.
(Exact name of registrant as specified in its charter)

 

Nevada
(State or other jurisdiction
of incorporation)

 

333-266143 87-2538731
(Commission
File Number)
(IRS Employer
Identification No.)
   
6300 Ridglea Place, Suite 950
Fort Worth, Texas
76116
(Address of principal executive offices) (Zip Code)
   

(817) 438-1937
Registrant’s telephone number, including area code

 

Not applicable
(Former name or former address, if changed since last report)

 

 

Securities registered pursuant to Section 12(b) of the Act: None

 

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):

 

  o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  o 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 x

 

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. o

 

 

 

 

 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

  

On June 30, 2023, Joseph DeWoody provided to Next Bridge Hydrocarbons, Inc. (the “Company”) a notice of his resignation from the Board of Directors (the “Board”) and as President of the Company effective as of June 30, 2023. Mr. DeWoody’s decision to resign relates to an increase in his responsibilities as an executive officer of another company and did not result from any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. In connection with Mr. DeWoody’s resignation, the Board appointed Clifton DuBose, Jr. to succeed Mr. DeWoody as President of the Company, who will also continue to serve as a director and the Chief Executive Officer of the Company. The Board voted to reduce the number of board of director positions from six board members to five board members and therefore the Company will not be replacing Mr. DeWoody’s position on the Board.

 

 

 

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.

 

  NEXT BRIDGE HYDROCARBONS, INC.
   
Date: July 3, 2023 By:  /s/ Clifton DuBose, Jr.
    Name:  Clifton DuBose, Jr.
    Title: Chief Executive Officer and President