Acorn Energy Reports Director/Officer Changes & Financials
Ticker: ACFN · Form: 8-K · Filed: Jan 8, 2025 · CIK: 880984
| Field | Detail |
|---|---|
| Company | Acorn Energy, INC. (ACFN) |
| Form Type | 8-K |
| Filed Date | Jan 8, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $16,780, $10,000, $17.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, corporate-governance, filing
TL;DR
Acorn Energy's leadership shuffle is underway, with new directors and officers appointed.
AI Summary
Acorn Energy, Inc. filed an 8-K on January 8, 2025, reporting on events that occurred on January 6, 2025. The filing indicates changes related to the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. It also includes financial statements and exhibits.
Why It Matters
This filing signals potential shifts in the company's leadership and governance structure, which could impact strategic direction and operational oversight.
Risk Assessment
Risk Level: medium — Changes in directors and officers, especially if significant, can indicate underlying issues or strategic realignments that may affect the company's future performance.
Key Players & Entities
- ACORN ENERGY, INC. (company) — Registrant
- January 6, 2025 (date) — Earliest event reported
- January 8, 2025 (date) — Filing date
FAQ
What specific changes occurred regarding directors or officers?
The filing indicates the departure of directors or certain officers, the election of directors, and the appointment of certain officers.
Are there any details on new compensatory arrangements?
The filing mentions compensatory arrangements of certain officers as an item of information.
What is the exact date of the events reported in this 8-K?
The earliest event reported occurred on January 6, 2025.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted on January 8, 2025.
What other information is included in this filing besides personnel changes?
The filing also includes Financial Statements and Exhibits.
Filing Stats: 617 words · 2 min read · ~2 pages · Grade level 10.8 · Accepted 2025-01-08 09:00:11
Key Financial Figures
- $16,780 — Loeb will receive cash compensation of $16,780 per month for service as President and
- $10,000 — EO of the Registrant, and an additional $10,000 per month for so long as he serves as A
- $17.50 — 5, closing price of the common stock of $17.50 per share. Twenty-five percent (25%) of
Filing Documents
- form8-k.htm (8-K) — 37KB
- ex10-1.htm (EX-10.1) — 29KB
- 0001493152-25-001317.txt ( ) — 239KB
- acfn-20250106.xsd (EX-101.SCH) — 3KB
- acfn-20250106_lab.xml (EX-101.LAB) — 33KB
- acfn-20250106_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
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 on this 8th day of January, 2025. ACORN ENERGY, INC. By: /s/ Tracy S. Clifford Name: Tracy S. Clifford Title: Chief Financial Officer