Frank Chessman
Effective January 16, 2024, Frank Chessman resigned as the President and Chief Executive Officer of our company.
Highest-materiality recent filing
Effected 1-for-10 reverse stock split effective Dec 15, 2025; proportional adjustment no change in ownership.
Alkaline Water Co. receives SEC qualification for Regulation A offering of up to $10M
SEC qualified Tier 1 Regulation A offering for up to $10 million in gross proceeds.
Alkaline Water Company enters co-packing agreement with Sang Beverages for TEN Spring Water
Co-packing agreement to produce TEN Alkaline Spring Water, a premium 10 pH spring water.
Alkaline Water finalizes equipment acquisition; pays 34M restricted shares with lock-up
Acquired manufacturing equipment from FZA Note Buyers LLC via subsidiary Alkaline Water AZ LLC.
Alkaline Water Company signs national distribution deal covering 7,500+ retail points
National distribution agreement with wholesale grocery distributor covering over 7,500 supermarkets, chain stores, and military bases across Midwest, South, and Northeast.
Alkaline Water dismisses accounting and auditing firm Olayinka Oyebola & Co.
Dismissed Olayinka Oyebola & Co., previously engaged for accounting and auditing services.
Company issued 94,300,000 restricted shares to Prima Verde LLC for over $1.5M of inventory, subject to a 12-month lock-up period.
Alkaline Water Co. CEO and Chairman resign; CFO Guarino named Interim CEO
Director and Chairman Frank Lazaran resigned effective Jan 11, 2024.
Alkaline Water receives second Nasdaq delisting notice for late 10-Q filing
Received deficiency letter on Nov 21, 2023 for failure to file Form 10-Q (Sep 30, 2023), violating Nasdaq Rule 5250(c)(1).
Clean Bottling secures exclusive worldwide rights to manufacture, market, and distribute all Alkaline 88 bottled water products.
Alkaline Water faces Nasdaq delisting over bid price and market value deficiencies; appeal planned
Oct 9: Nasdaq notices bid price below $1.00 for 30 consecutive days; 180 days to cure by Apr 8, 2024.
Alkaline Water receives Nasdaq delisting notice for late 10-Q filing; faces potential OTC move
Received Nasdaq deficiency letter on Aug 23, 2023 for failure to file Form 10-Q (June 30, 2023) and late Form 10-K (March 31, 2023).
Alkaline Water Co. receives Nasdaq delisting notice for late Form 10-K filing
Received Nasdaq deficiency letter on July 18, 2023 for failure to file annual report (Form 10-K) for fiscal year ended March 31, 2023.
Alkaline Water receives Nasdaq deficiency notice for MVLS below $35M threshold
On April 13, 2023, Nasdaq notified Alkaline Water that MVLS was below $35M for 30 consecutive days.
Alkaline Water announces 15-for-1 reverse stock split to meet Nasdaq bid price; CSE delisting
Reverse stock split 15-for-1 effective April 5, 2023; reduces outstanding from ~152M to ~10.1M shares.
Alkaline88 expands to 160 new stores; Chairman Keay resigns, Lazaran appointed
Chairman Keay resigned Mar 13 for new venture; Lazaran appointed Chairman.
Revenue $15.9M (+21% YoY); gross margin 24.7% (up 300 bps sequentially).
Frank Lazaran resigned as CEO and President effective Feb 20, 2023, due to unforeseen medical issues; remains on Board of Directors.
Alkaline Water receives Nasdaq extension to cure bid-price deficiency by May 8, 2023
Nasdaq Hearings Panel granted continued listing subject to conditions.
Alkaline Water awards 2.55M restricted shares, 900K options; formalizes CFO deal, adds director
Granted 2,550,000 restricted shares to 13 U.S. and 1 non-U.S. person; 50% vest now, balance in 6-12 months.
Alkaline Water Co reports record Q2 revenue $19.6M (+28.3% YoY); operating loss narrows 50%
Record Q2 FY2023 revenue $19.6M, up 28.3% YoY from $15.3M; gross profit $4.6M (23.7% of revenue).
Alkaline Water receives Nasdaq delisting notice for bid price and equity non-compliance
Received Nasdaq determination letter on Nov 8, 2022 for failing to maintain $1.00 minimum bid price.
Alkaline Water Company projects $20M in cost savings, expects record Q2 revenue of $19.6M
Identified additional $5M in savings, total now ~$20M vs FY2022, to be fully implemented through FY2024.
Alkaline Water Company reports record Q1 revenue $16.9M (+20% YoY); operating expenses down 19%
Record revenue of $16.9M, +20% YoY from $14.1M; net loss per share ($0.06) improved from ($0.08).
Alkaline Water Co. identifies ~$15M in cost savings and margin enhancements
Up to $10M savings and margin improvement in FY2023; additional $5M by FY2024.
Alkaline Water settles $3.87M debt via equity; issues 19.3M shares to creditors
Settled $3,869,962 in debt by issuing units and special warrants to four non-U.S. creditors.
Alkaline Water prelim Q1 record rev $16.4-$16.6M; reaffirms FY23 $70M guidance
Preliminary Q1 FY2023 revenue $16.4M-$16.6M, a record and double-digit YoY growth.
Alkaline Water identifies additional $2M in annual savings; total $7M
Identified $2M more in expense reductions and margin enhancements, bringing total identified annual savings to $7M once fully implemented.
Alkaline Water Co reports FY2022 revenue $60.6M (+32% YoY); guides FY2023 $70M
Record revenue of $60.6M, up 32% YoY; net loss $39.4M, EPS ($0.40).
Alkaline Water Co. announces plan for $4.5M-$5M annual cost savings, pathway to profitability
Identified $4.5M-$5M in annual expense reductions and margin enhancements to be implemented over 12 months.
Alkaline Water receives Nasdaq delisting notice for failing independent director rule
Letter from Nasdaq staff on June 21, 2022 cites non-compliance with Listing Rule 5605.1.
Alkaline Water appoints Frank Lazaran as CEO; Richard Wright resigns with $550K severance
CEO Richard Wright resigned June 2, 2022; replaced by director Frank Lazaran (40-year retail veteran, former CEO of Winn-Dixie and Marsh Supermarkets).
Effective January 16, 2024, Frank Chessman resigned as the President and Chief Executive Officer of our company.
On the same date, we appointed David Guarino as our Interim Chief Executive Officer and President.
Effective January 11, 2024, Frank Lazaran resigned as a director of the Company and Chairman of our board of directors.
On March 17, 2023, we appointed Ronald V. DaVella as a director of our company.
Effective as of the same date, our board of directors appointed Frank Lazaran, a current director and former President and Chief Executive Officer of our company as Chairman of our board of directors.
Effective March 13, 2023, Aaron Keay resigned as a director of the Company and Chairman of our board of directors.
On the same date, we appointed Frank Chessman as our Chief Executive Officer and President.
Effective February 20, 2023, Frank Lazaran resigned as the President and Chief Executive Officer of our company.
On the same date, we appointed Frank Lazaran, the current director of our company, as our Chief Executive Officer and President.
Effective June 2, 2022, Richard A. Wright resigned as a director and officer (including as the President and Chief Executive Officer) of our company.
Max materiality 0.85 · Median 0.60 · Most common event other_material