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Advantage Solutions Inc. Board/Management Information 2023

Aug 14, 2023

32822_rns_2023-08-14_652a1221-c87f-45ca-a5eb-0673a847ab32.zip

Board/Management Information

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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): August 8, 2023

Advantage Solutions Inc.

(Exact name of registrant as specified in its charter)

Delaware 001-38990 83-4629508
(State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.)
15310 Barranca Parkway , Suite 100 Irvine , CA 92618
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: ( 949 ) 797-2900

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))

Title of each class Trading Symbol(s) Name of each exchange on which registered
Class A common stock, $0.0001 par value per share ADV The NASDAQ Stock Market LLC
Warrants to purchase Class A common stock ADVWW The NASDAQ Stock Market LLC

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.

Resignation of Dean Kaye as Chief Financial Officer, North America and Principal Accounting Officer

On August 8, 2023, Dean Kaye, the Chief Financial Officer - North America, and principal accounting officer of Advantage Solutions Inc. (the “Company”), has notified the Company as to his intent to resign from his positions with the Company effective as of February 1, 2024. The Company expects to appoint a replacement principal accounting officer on or prior to such date.

Forward-Looking Statements

This Current Report on Form 8-K contains forward-looking statements, including statements related to the resignation and appointment of certain officers of the Company, which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to the disclosures contained herein. These risks and uncertainties include, among others, the risks and uncertainties included in the reports and other filings by the Company with the SEC, including the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2023 and in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022 under the heading “Risk Factors.” The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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: August 14, 2023

ADVANTAGE SOLUTIONS INC.
By: /s/ Christopher Growe
Christopher Growe
Chief Financial Officer