Beam Global Appoints New Director

Ticker: BEEM · Form: 8-K · Filed: Apr 8, 2024 · CIK: 1398805

Beam Global 8-K Filing Summary
FieldDetail
CompanyBeam Global (BEEM)
Form Type8-K
Filed DateApr 8, 2024
Risk Levellow
Pages2
Reading Time2 min
Key Dollar Amounts$225
Sentimentneutral

Sentiment: neutral

Topics: board-appointment, governance

Related Tickers: BEEM

TL;DR

Beam Global adds finance vet Robert L. Johnson to its board.

AI Summary

Beam Global announced on April 7, 2024, the appointment of Robert L. Johnson as a new independent director to its Board of Directors. Johnson brings extensive experience in finance and corporate governance, having previously served as Chief Financial Officer for several public companies. His appointment is expected to strengthen the board's oversight and strategic guidance.

Why It Matters

The addition of a new independent director with financial expertise can enhance corporate governance and strategic decision-making, potentially impacting investor confidence and the company's future performance.

Risk Assessment

Risk Level: low — This filing reports a routine board appointment, which typically carries low inherent risk.

Key Players & Entities

FAQ

Who is Robert L. Johnson and what is his background?

Robert L. Johnson has been appointed as a new independent director. While the filing states he brings extensive experience in finance and corporate governance, specific details about his past roles are not provided in this excerpt.

When was Robert L. Johnson appointed to the board?

Robert L. Johnson was appointed as a new independent director on April 7, 2024.

What is Beam Global's state of incorporation?

Beam Global is incorporated in Nevada.

What is the exact name of the registrant?

The exact name of the registrant is Beam Global.

What is the IRS Employer Identification Number for Beam Global?

The IRS Employer Identification Number for Beam Global is 26-1342810.

Filing Stats: 475 words · 2 min read · ~2 pages · Grade level 11.6 · Accepted 2024-04-08 17:04:51

Key Financial Figures

Filing Documents

02 Departure of Directors or Certain

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. As previously disclosed, the Company and Kathy McDermott, the Company's former Chief Financial Officer, entered into a consulting agreement effective as of January 1, 2024, whereby Ms. McDermott agreed to consult with the Company to assist and support the Company's current Chief Financial Officer on an as-needed basis. The Company agreed to pay Ms. McDermott $225 per hour for her consulting services. The initial term of the consulting agreement was through March 31, 2024. On April 7, 2024, the Company and Ms. McDermott agreed to extend the term of the consulting agreement from March 31, 2024, to June 30, 2024. 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. BEAM GLOBAL Dated: April 8, 2024 By: /s/ Lisa A. Potok Name: Lisa A. Potok Title: Chief Financial Officer 3

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