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 ~~April 9~~29, 2023

Cool Technologies, Inc.

(Exact name of registrant as specified in its charter)

Nevada

000-53443

75-3076597

(State or other jurisdiction

of incorporation or organization)

(Commission

File Number)

(I.R.S. Employer

Identification Number)

8875 Hidden River Parkway

Tampa, Florida

33637

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: (813) 975-7467

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:

☐	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))

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 58.0201 ~~Departure~~Other ~~of Directors of Certain Officers; Election of Directors; Appointment of Certain Officers; Compensation Arrangements of Certain Officers~~events

On April 19, 2023, Alfred Cullere filed a complaint against Ultimate Power Truck LLC (“UPT’, a subsidiary of Cool Technologies, Inc.) ~~Removal~~in the Sixth Judicial Circuit Court of ~~Quentin~~Pinellas ~~Ponder~~County, asFlorida. ~~Chief~~The ~~Financial~~complaint ~~Officer~~alleged that the $400,000 Mr. Cullere, a 5% owner of UPT, had advanced UPT (detailed in Note 3: Customer Deposits Related Party, of the Company’s 2022 Annual Report on Form 10-K) and ~~Treasurer~~a $250,000 loan that Mr. Cullere had also provided UPT (detailed in Note 4: Note Payable -- UPT Minority Owner, of the Company’s 2022 Annual Report on Form 10-K) had not been fully repaid. Between March 2018 and December 2021, the Company repaid him a total of $150,000. Mr. Cullere sought payment in full for both amounts plus 5% simple interest per year and reimbursement for attorney fees and costs.

OnThe ~~April~~two 9sides agreed to attend a mediation conference on August 3, 2023, ~~the~~and ~~Board~~consequently ofentered ~~Directors~~into ofa settlement agreement on August 29, 2023 which stipulates that Cool Technologies must pay $300,000 ~~Inc~~to Mr. ~~(“CoolTech”)~~Cullere ~~removed~~on ~~Quentin~~or ~~Ponder~~before ~~from~~December ~~his~~31, ~~position~~2023. asWithin ~~Chief~~5 ~~Financial~~days ~~Officer~~of receipt of payment, Mr. Cullere will file to dismiss the litigation with prejudice and ~~Treasurer~~each ofside will bear the ~~Company~~costs ~~due~~of totheir anrespective ~~unexpected~~attorneys’ ~~illness~~fees and any other costs of litigation.

~~(b)~~If ~~Appointment~~payment is not received by the deadline, Alfred Cullere shall be entitled to a final judgment in the amount of ~~Judson~~$500,000 ~~Bibb~~against asCool ~~interim~~Technologies. ~~Chief~~The ~~Financial~~Company’s ~~Officer~~only defense will be limited to the payment of the judgment.

On April 9, 2023, CoolTech’s Board of Directors appointed Judson Bibb interim Chief Financial Officer of the Company effective immediately. Mr. Bibb will hold the position until a new CFO and Treasurer can be interviewed and elected to the position by the Board of Directors.2

Mr. Bibb currently serves as Vice President and Secretary of the Board -- positions he has held with the Company since 2012. The additional title and interim designation will not change Mr. Bibb’s compensation. SIGNATURES

2Pursuant 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, thereunto duly authorized.

SIGNATURES

	Cool Technologies, Inc.
	(Registrant)

Date: September 1, 2023	/s/ Timothy Hassett
	Timothy Hassett
	Chairman and CEO (Principal Executive Officer)

~~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, thereunto duly authorized.~~3

	Cool Technologies, Inc.
	(Registrant)
Date: April 13, 2023	/s/ Timothy Hassett
	Timothy Hassett
	Chairman and CEO (Principal Executive Officer)

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