Advent Technologies Announces Board Changes and Compensation Updates
Ticker: ADNH · Form: 8-K · Filed: Mar 12, 2024 · CIK: 1744494
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
Related Tickers: ADNT
TL;DR
Board shakeup at ADNT: Gregoriou out, Economou in. Exec pay details also filed.
AI Summary
Advent Technologies Holdings, Inc. announced on March 11, 2024, changes in its board of directors and executive compensation arrangements. Specifically, the company reported the departure of Director Vasilis Gregoriou and the election of Dr. Ioannis Economou as a new director. The filing also details compensatory arrangements for certain officers.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Board and executive changes, while common, can introduce uncertainty regarding future strategy and leadership stability.
Key Players & Entities
- Advent Technologies Holdings, Inc. (company) — Registrant
- Vasilis Gregoriou (person) — Departing Director
- Dr. Ioannis Economou (person) — Newly Elected Director
- March 11, 2024 (date) — Date of earliest event reported
FAQ
Who has departed from the board of directors at Advent Technologies Holdings, Inc.?
Vasilis Gregoriou has departed from the board of directors.
Who has been elected as a new director?
Dr. Ioannis Economou has been elected as a new director.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is March 11, 2024.
What other information is disclosed in this filing besides director changes?
The filing also discloses compensatory arrangements of certain officers.
What is the state of incorporation for Advent Technologies Holdings, Inc.?
The state of incorporation is Delaware.
Filing Stats: 701 words · 3 min read · ~2 pages · Grade level 13.3 · Accepted 2024-03-11 18:30:22
Key Financial Figures
- $0.0001 — ch registered Common stock, par value $0.0001 per share ADN The Nasdaq Stock Mark
- $11.50 — mon stock, each at an exercise price of $11.50 ADNWW The Nasdaq Stock Market LLC
Filing Documents
- adventtechnologies_8k.htm (8-K) — 36KB
- 0001829126-24-001524.txt ( ) — 248KB
- adn-20240311.xsd (EX-101.SCH) — 4KB
- adn-20240311_def.xml (EX-101.DEF) — 26KB
- adn-20240311_lab.xml (EX-101.LAB) — 36KB
- adn-20240311_pre.xml (EX-101.PRE) — 25KB
- adventtechnologies_8k_htm.xml (XML) — 6KB
SIGNATURES
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. Dated: March 11, 2024 Advent Technologies Holdings, Inc. By: /s/ Vassilios Gregoriou Name: Vassilios Gregoriou Title: Chairman and Chief Executive Officer 2