Midwest Energy Emissions Corp. Elects New Directors

Ticker: BCHT · Form: 8-K · Filed: Jun 13, 2024 · CIK: 728385

Midwest Energy Emissions Corp. 8-K Filing Summary
FieldDetail
CompanyMidwest Energy Emissions Corp. (BCHT)
Form Type8-K
Filed DateJun 13, 2024
Risk Levellow
Pages4
Reading Time5 min
Key Dollar Amounts$1,000,000, $500,000, $600,000
Sentimentneutral

Sentiment: neutral

Topics: governance, board-of-directors, personnel-change

TL;DR

MEEC adds two new directors to the board, effective June 7, 2024.

AI Summary

Midwest Energy Emissions Corp. announced on June 7, 2024, a change in its board of directors. Specifically, the company elected two new directors, Mr. David L. Johnson and Mr. Robert L. M. Smith, to serve until the next annual meeting of stockholders. This filing also disclosed compensatory arrangements for certain officers.

Why It Matters

Changes in a company's board of directors can signal shifts in strategy or governance, potentially impacting future performance and investor confidence.

Risk Assessment

Risk Level: low — This filing primarily concerns routine corporate governance changes and does not appear to involve significant financial transactions or operational disruptions.

Key Players & Entities

  • Midwest Energy Emissions Corp. (company) — Registrant
  • David L. Johnson (person) — Newly elected director
  • Robert L. M. Smith (person) — Newly elected director
  • June 7, 2024 (date) — Date of earliest event reported

FAQ

Who were the newly elected directors for Midwest Energy Emissions Corp.?

Mr. David L. Johnson and Mr. Robert L. M. Smith were elected as new directors.

When was the election of the new directors effective?

The election of the new directors was effective as of June 7, 2024.

What is the term of the newly elected directors?

The newly elected directors will serve until the next annual meeting of stockholders.

What other information is disclosed in this 8-K filing?

The filing also discloses compensatory arrangements of certain officers.

What is the state of incorporation for Midwest Energy Emissions Corp.?

Midwest Energy Emissions Corp. is incorporated in Delaware.

Filing Stats: 1,198 words · 5 min read · ~4 pages · Grade level 10.8 · Accepted 2024-06-13 16:30:19

Key Financial Figures

  • $1,000,000 — Pherson is entitled to a base salary of $1,000,000 per year, which may be increased from t
  • $500,000 — Pavlish is entitled to a base salary of $500,000 per year, which may be increased from t
  • $600,000 — Trettel is entitled to a base salary of $600,000 per year, which may be increased from t

Filing Documents

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. Exhibit Number Description 10.1* Amended and Restated Employment Agreement between Midwest Energy Emissions Corp. and Richard MacPherson dated as of June 7, 2024 10.2* Amended and Restated Employment Agreement between Midwest Energy Emissions Corp. and John Pavlish dated as of June 7, 2024 10.3* Employment Agreement between Midwest Energy Emissions Corp. and James Trettel dated as of June 7, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) * Portions of this exhibit have been omitted pursuant to Rule 601(b)(10) of Regulation S-K. 2

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. Midwest Energy Emissions Corp. Date: June 13, 2024 By: /s/ Richard MacPherson Richard MacPherson President and Chief Executive Officer 3

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