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[8-K] QuickLogic Corp Reports Material Event

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(Neutral)
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(Neutral)
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8-K
Rhea-AI Filing Summary

QuickLogic Corporation appointed Ron Shelton to its Board effective August 7, 2025, naming him a Class III director and the Chair of the Audit Committee. His initial term expires at the company’s 2026 annual meeting of stockholders.

Mr. Shelton is a finance executive with more than 25 years of financial and operational leadership, currently serving as Chief Financial Officer of Syntiant Corp. He previously held CFO roles at Navitas Semiconductor, Adesto Technologies, GigOptix, and Cirrus Logic and holds a BA in Economics from Stanford University. The Board determined he is independent, he will enter the company’s standard indemnification agreement, and he will be paid under the standard non-employee director compensation policy. The company furnished a press release about the appointment as Exhibit 99.1 on August 13, 2025.

QuickLogic Corporation ha nominato Ron Shelton nel suo Consiglio di Amministrazione con effetto dal 7 agosto 2025, designandolo direttore di Classe III e Presidente del Comitato di Revisione. Il suo mandato iniziale scade all'assemblea annuale degli azionisti del 2026.

Il Sig. Shelton è un dirigente finanziario con oltre 25 anni di esperienza in ruoli finanziari e operativi; è attualmente Chief Financial Officer di Syntiant Corp. In precedenza ha ricoperto incarichi di CFO presso Navitas Semiconductor, Adesto Technologies, GigOptix e Cirrus Logic e ha una laurea in Economia (BA) conseguita alla Stanford University. Il Consiglio ha valutato la sua indipendenza: Shelton aderirà all'accordo standard di indennizzo della società e verrà compensato secondo la politica consueta per amministratori non dipendenti. La società ha reso disponibile un comunicato stampa sull'incarico come Allegato 99.1 il 13 agosto 2025.

QuickLogic Corporation nombró a Ron Shelton en su Junta Directiva con efecto desde el 7 de agosto de 2025, designándolo director de Clase III y Presidente del Comité de Auditoría. Su mandato inicial vence en la reunión anual de accionistas de 2026.

El Sr. Shelton es un ejecutivo financiero con más de 25 años de liderazgo financiero y operativo; actualmente se desempeña como Director Financiero (CFO) de Syntiant Corp. Anteriormente ocupó cargos de CFO en Navitas Semiconductor, Adesto Technologies, GigOptix y Cirrus Logic y tiene una licenciatura en Economía (BA) por la Universidad de Stanford. La Junta determinó que es independiente; suscribirá el acuerdo estándar de indemnización de la compañía y recibirá la retribución conforme a la política habitual para directores no empleados. La compañía publicó un comunicado de prensa sobre el nombramiento como Exhibición 99.1 el 13 de agosto de 2025.

QuickLogic CorporationëŠ� 2025ë…� 8ì›� 7ì¼ë¶€ë¡� Ron Sheltonì� ì´ì‚¬íšŒì— 선임하고 그를 Class III ì´ì‚¬ì´ìž ê°ì‚¬ìœ„ì›íš� 위ì›ìž¥ìœ¼ë¡� 임명했습니다. ê·¸ì˜ ì´ˆê¸° 임기ëŠ� 2026ë…� 정기 주주ì´íšŒì—서 만료ë©ë‹ˆë‹�.

Shelton 씨는 25ë…„ì´ ë„˜ëŠ” 재무 ë°� ìš´ì˜ ë¦¬ë”ì‹� 경력ì� ê°€ì§� 금융 ê²½ì˜ì¸ìœ¼ë¡�, 현재 Syntiant Corp.ì� 최고재무책임ìž�(CFO)ë¥� ë§¡ê³  있습니다. ì´ì „ì—는 Navitas Semiconductor, Adesto Technologies, GigOptix, Cirrus Logicì—서 CFOë¡� 재ì§í–ˆìœ¼ë©� 스탠í¼ë“œ 대학êµì—서 경제í•� 학사(BA)ë¥� ì·¨ë“했습니다. ì´ì‚¬íšŒëŠ” 그가 ë…립 ì´ì‚¬ìž„ì„ í™•ì¸í–ˆìœ¼ë©�, 그는 회사ì� 표준 ë©´ì±… 계약ì—� 서명하고 비임ì›� ì´ì‚¬ì—� 대í•� 표준 보수 ì •ì±…ì—� ë”°ë¼ ë³´ìˆ˜ë¥� ë°›ì„ ì˜ˆì •ìž…ë‹ˆë‹�. 회사ëŠ� 2025ë…� 8ì›� 13ì� 해당 임명ì—� ê´€í•� ë³´ë„ìžë£Œë¥� ì¦ê±°ë¬�(Exhibit) 99.1ë¡� 제공했습니다.

QuickLogic Corporation a nommé Ron Shelton à son conseil d'administration, avec effet au 7 août 2025, le désignant administrateur de classe III et président du comité d'audit. Son mandat initial prendra fin à l'assemblée annuelle des actionnaires de 2026.

M. Shelton est un dirigeant financier disposant de plus de 25 ans d'expérience en gestion financière et opérationnelle ; il est actuellement directeur financier (CFO) de Syntiant Corp. Il a précédemment occupé des fonctions de CFO chez Navitas Semiconductor, Adesto Technologies, GigOptix et Cirrus Logic et est titulaire d'un BA en économie de l'université Stanford. Le conseil a jugé qu'il est indépendant ; il signera le contrat standard d'indemnisation de la société et sera rémunéré conformément à la politique habituelle applicable aux administrateurs non salariés. La société a publié un communiqué de presse relatif à cette nomination en tant que Pièce 99.1 le 13 août 2025.

Die QuickLogic Corporation hat Ron Shelton mit Wirkung zum 7. August 2025 in ihren Vorstand berufen und ihn zum Class-III-Director sowie zum Vorsitzenden des Prüfungsausschusses ernannt. Seine erste Amtszeit endet auf der Hauptversammlung der Aktionäre im Jahr 2026.

Herr Shelton ist ein Finanzmanager mit mehr als 25 Jahren Erfahrung in Finanz- und operativer Leitung und ist derzeit Chief Financial Officer von Syntiant Corp. Zuvor war er CFO bei Navitas Semiconductor, Adesto Technologies, GigOptix und Cirrus Logic und verfügt über einen BA in Volkswirtschaftslehre der Stanford University. Der Vorstand hat seine Unabhängigkeit festgestellt; er wird den üblichen Entschädigungsvertrag der Gesellschaft eingehen und nach der üblichen Vergütungsregelung für nicht angestellte Direktoren vergütet. Das Unternehmen legte die Pressemitteilung zur Berufung am 13. August 2025 als Anlage 99.1 vor.

Positive
  • Appointment of Ron Shelton, an experienced public-company CFO, to the Board enhances financial and audit expertise
  • Named Audit Committee Chair, which strengthens oversight of financial reporting and internal controls
  • Board determined Mr. Shelton is independent, and no related-party transactions or family relationships were disclosed
Negative
  • None.

Insights

Experienced CFO addition improves audit oversight but has no immediate financial impact.

The appointment of Ron Shelton brings deep public-company CFO experience to QuickLogic’s Board, which is relevant for audit quality, financial reporting and risk oversight. As Audit Committee Chair and an independent director, Shelton’s background at semiconductor and technology companies aligns with QuickLogic’s industry profile, potentially strengthening governance and financial controls. There is no disclosure of compensation beyond standard policy and no related-party transactions. Impact on valuation or operations is likely minimal in the short term; this is a governance-strengthening development rather than a material business change.

Board-level financial expertise added; governance signal is positive but not materially transformative.

Designating an experienced CFO as Audit Committee Chair is a common governance practice to bolster financial oversight. The Board’s independence determination and absence of disclosed related-party interests reduce potential governance concerns. The use of the company’s standard indemnification and non-employee director compensation indicates no bespoke arrangements. Committee membership adjustments are routine and documented. Overall, this is a constructive governance move with limited immediate materiality to investors.

QuickLogic Corporation ha nominato Ron Shelton nel suo Consiglio di Amministrazione con effetto dal 7 agosto 2025, designandolo direttore di Classe III e Presidente del Comitato di Revisione. Il suo mandato iniziale scade all'assemblea annuale degli azionisti del 2026.

Il Sig. Shelton è un dirigente finanziario con oltre 25 anni di esperienza in ruoli finanziari e operativi; è attualmente Chief Financial Officer di Syntiant Corp. In precedenza ha ricoperto incarichi di CFO presso Navitas Semiconductor, Adesto Technologies, GigOptix e Cirrus Logic e ha una laurea in Economia (BA) conseguita alla Stanford University. Il Consiglio ha valutato la sua indipendenza: Shelton aderirà all'accordo standard di indennizzo della società e verrà compensato secondo la politica consueta per amministratori non dipendenti. La società ha reso disponibile un comunicato stampa sull'incarico come Allegato 99.1 il 13 agosto 2025.

QuickLogic Corporation nombró a Ron Shelton en su Junta Directiva con efecto desde el 7 de agosto de 2025, designándolo director de Clase III y Presidente del Comité de Auditoría. Su mandato inicial vence en la reunión anual de accionistas de 2026.

El Sr. Shelton es un ejecutivo financiero con más de 25 años de liderazgo financiero y operativo; actualmente se desempeña como Director Financiero (CFO) de Syntiant Corp. Anteriormente ocupó cargos de CFO en Navitas Semiconductor, Adesto Technologies, GigOptix y Cirrus Logic y tiene una licenciatura en Economía (BA) por la Universidad de Stanford. La Junta determinó que es independiente; suscribirá el acuerdo estándar de indemnización de la compañía y recibirá la retribución conforme a la política habitual para directores no empleados. La compañía publicó un comunicado de prensa sobre el nombramiento como Exhibición 99.1 el 13 de agosto de 2025.

QuickLogic CorporationëŠ� 2025ë…� 8ì›� 7ì¼ë¶€ë¡� Ron Sheltonì� ì´ì‚¬íšŒì— 선임하고 그를 Class III ì´ì‚¬ì´ìž ê°ì‚¬ìœ„ì›íš� 위ì›ìž¥ìœ¼ë¡� 임명했습니다. ê·¸ì˜ ì´ˆê¸° 임기ëŠ� 2026ë…� 정기 주주ì´íšŒì—서 만료ë©ë‹ˆë‹�.

Shelton 씨는 25ë…„ì´ ë„˜ëŠ” 재무 ë°� ìš´ì˜ ë¦¬ë”ì‹� 경력ì� ê°€ì§� 금융 ê²½ì˜ì¸ìœ¼ë¡�, 현재 Syntiant Corp.ì� 최고재무책임ìž�(CFO)ë¥� ë§¡ê³  있습니다. ì´ì „ì—는 Navitas Semiconductor, Adesto Technologies, GigOptix, Cirrus Logicì—서 CFOë¡� 재ì§í–ˆìœ¼ë©� 스탠í¼ë“œ 대학êµì—서 경제í•� 학사(BA)ë¥� ì·¨ë“했습니다. ì´ì‚¬íšŒëŠ” 그가 ë…립 ì´ì‚¬ìž„ì„ í™•ì¸í–ˆìœ¼ë©�, 그는 회사ì� 표준 ë©´ì±… 계약ì—� 서명하고 비임ì›� ì´ì‚¬ì—� 대í•� 표준 보수 ì •ì±…ì—� ë”°ë¼ ë³´ìˆ˜ë¥� ë°›ì„ ì˜ˆì •ìž…ë‹ˆë‹�. 회사ëŠ� 2025ë…� 8ì›� 13ì� 해당 임명ì—� ê´€í•� ë³´ë„ìžë£Œë¥� ì¦ê±°ë¬�(Exhibit) 99.1ë¡� 제공했습니다.

QuickLogic Corporation a nommé Ron Shelton à son conseil d'administration, avec effet au 7 août 2025, le désignant administrateur de classe III et président du comité d'audit. Son mandat initial prendra fin à l'assemblée annuelle des actionnaires de 2026.

M. Shelton est un dirigeant financier disposant de plus de 25 ans d'expérience en gestion financière et opérationnelle ; il est actuellement directeur financier (CFO) de Syntiant Corp. Il a précédemment occupé des fonctions de CFO chez Navitas Semiconductor, Adesto Technologies, GigOptix et Cirrus Logic et est titulaire d'un BA en économie de l'université Stanford. Le conseil a jugé qu'il est indépendant ; il signera le contrat standard d'indemnisation de la société et sera rémunéré conformément à la politique habituelle applicable aux administrateurs non salariés. La société a publié un communiqué de presse relatif à cette nomination en tant que Pièce 99.1 le 13 août 2025.

Die QuickLogic Corporation hat Ron Shelton mit Wirkung zum 7. August 2025 in ihren Vorstand berufen und ihn zum Class-III-Director sowie zum Vorsitzenden des Prüfungsausschusses ernannt. Seine erste Amtszeit endet auf der Hauptversammlung der Aktionäre im Jahr 2026.

Herr Shelton ist ein Finanzmanager mit mehr als 25 Jahren Erfahrung in Finanz- und operativer Leitung und ist derzeit Chief Financial Officer von Syntiant Corp. Zuvor war er CFO bei Navitas Semiconductor, Adesto Technologies, GigOptix und Cirrus Logic und verfügt über einen BA in Volkswirtschaftslehre der Stanford University. Der Vorstand hat seine Unabhängigkeit festgestellt; er wird den üblichen Entschädigungsvertrag der Gesellschaft eingehen und nach der üblichen Vergütungsregelung für nicht angestellte Direktoren vergütet. Das Unternehmen legte die Pressemitteilung zur Berufung am 13. August 2025 als Anlage 99.1 vor.

false 0000882508 0000882508 2025-08-07 2025-08-07
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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 7, 2025
 
QuickLogic Corporation
(Exact name of registrant as specified in its charter) 
 
Delaware
 
000-22671
 
77-0188504
         
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)
         
2220 Lundy Avenue, San Jose, CA
     
95131-1816
(Address of principal executive offices)
     
(Zip Code)
 
 
Registrants telephone number, including area code (408) 990-4000
 
N/A
(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 communicati1ons pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, par value $0.001 per share
QUIK
The Nasdaq Capital Market
 
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. ☐
 
1 / 3

 
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
 
Appointment of Director
 
On August 7, 2025, the Board of Directors (the “Board”) of QuickLogic Corporation (the “Company”), upon the recommendation of its Nominating and Corporate Governance Committee, appointed Mr. Ron Shelton to serve as a member of the Board effective August 7, 2025. Mr. Shelton was appointed as a Class III director and will serve as Chair and member of the Audit Committee of the Board. Mr. Shelton’s initial term will expire at the Company’s 2026 annual meeting of stockholders.
 
Mr. Shelton is a seasoned financial executive with more than 25 years of financial and operational leadership experience. He currently serves as Chief Financial Officer of Syntiant Corp., a leading provider of sensors, processors, and software models that enable AI at the edge. Previously, he held CFO roles at several other notable companies, including Navitas Semiconductor, Adesto Technologies, GigOptix, and Cirrus Logic. His extensive experience spans a wide range of organizations, from publicly traded companies to privately held startups. Shelton holds a BA in Economics from Stanford University.
 
The Board has determined that Mr. Shelton qualifies as an independent director under the Nasdaq listing standards. There is no arrangement or understanding between Mr. Shelton and any other persons pursuant to which Mr. Shelton was elected as a director. There are no family relationships between Mr. Shelton and any director or executive officer of the Company, and he has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
 
Mr. Shelton will enter into the Company’s standard form of indemnification agreement, a copy of which has been filed as Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q filed with the SEC on November 13, 2002. In addition, Mr. Shelton will be compensated for his service on the Board in accordance with the Company’s standard compensation policy for non-employee directors.
 
Mr. Farese, Ms. Kim and Mr. Tauss will remain as members of the Audit Committee and Mr. Pease will join the Board’s Compensation Committee.
 
Item 7.01 Regulation FD Disclosure.
 
On August 13, 2025, the Company issued a press release which announced appointment of Mr. Ron Shelton to the Board. A copy of the press release is furnished herewith as Exhibit 99.1.
 
The information in this Item 7.01, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
 
Item 9.01 Financial Statements and Exhibits.
 
(d) Exhibits.
 
 
 
Exhibit
Number
 
Description
*
99.1
 
Press Release
 
104
 
Cover Page Interactive Data File - The cover page XBRL tags are embedded within the inline XBRL document.
       
*
Filed herewith.
 
2 / 3
 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Date: August 13, 2025
 
QuickLogic Corporation
     
   
/s/ Elias Nader
   
Elias Nader
Chief Financial Officer and Senior Vice-President, Finance
(Principal Financial Officer)
 
3 / 3

FAQ

Who did QuickLogic (QUIK) appoint to its Board?

Ron Shelton was appointed as a Class III director and will serve as Chair and member of the Audit Committee.

When does Mr. Ron Shelton's Board term expire?

His initial term will expire at QuickLogic’s 2026 annual meeting of stockholders.

What is Ron Shelton's professional background?

He has 25+ years of financial and operational leadership, currently CFO of Syntiant Corp. and formerly CFO at Navitas, Adesto, GigOptix, and Cirrus Logic.

Is Mr. Shelton considered independent under Nasdaq standards?

Yes, the Board has determined that Mr. Shelton qualifies as an independent director under Nasdaq listing standards.

Will Mr. Shelton receive special compensation or arrangements?

He will enter the company’s standard indemnification agreement and be compensated under the company’s standard non-employee director compensation policy.
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