BIO-key International Announces Board and Officer Changes
Ticker: BKYI · Form: 8-K · Filed: Aug 20, 2025 · CIK: 1019034
| Field | Detail |
|---|---|
| Company | Bio Key International INC (BKYI) |
| Form Type | 8-K |
| Filed Date | Aug 20, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, officer-appointment, director-election
TL;DR
BIO-key International shakes up leadership, new execs and board members appointed.
AI Summary
On August 8, 2025, BIO-key International, Inc. filed an 8-K report detailing changes in its board of directors and executive officers, including the appointment of new officers and the election of directors. The filing also covers compensatory arrangements for certain officers. The company, formerly known as SAC Technologies Inc., is incorporated in Delaware and headquartered in Holmdel, NJ.
Why It Matters
Changes in a company's leadership and executive compensation can signal shifts in strategy or operational focus, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in executive and board composition can introduce uncertainty regarding future strategy and execution.
Key Players & Entities
- BIO-key International, Inc. (company) — Registrant
- SAC TECHNOLOGIES INC (company) — Former company name
- Delaware (jurisdiction) — State of incorporation
- Holmdel, NJ (location) — Principal executive offices
FAQ
What specific roles were affected by the changes in directors or officers?
The filing indicates changes related to the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' and 'Compensatory Arrangements of Certain Officers', suggesting shifts in leadership positions and executive compensation.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on August 8, 2025.
What is BIO-key International's primary business classification according to the filing?
BIO-key International, Inc. is classified under Standard Industrial Classification (SIC) code 7372, which pertains to 'SERVICES-PREPACKAGED SOFTWARE'.
What was BIO-key International's former company name?
BIO-key International, Inc.'s former company name was SAC TECHNOLOGIES INC.
Where are BIO-key International's principal executive offices located?
BIO-key International, Inc.'s principal executive offices are located at 101 CRAWFORDS CORNER ROAD, SUITE 4116, HOLMDEL, NJ 07733.
Filing Stats: 551 words · 2 min read · ~2 pages · Grade level 10 · Accepted 2025-08-20 16:32:11
Filing Documents
- bkyi20250820_8k.htm (8-K) — 25KB
- ex_855400.htm (EX-10.1) — 7KB
- ex_855401.htm (EX-10.2) — 5KB
- 0001437749-25-027454.txt ( ) — 168KB
- bkyi-20250808.xsd (EX-101.SCH) — 3KB
- bkyi-20250808_def.xml (EX-101.DEF) — 11KB
- bkyi-20250808_lab.xml (EX-101.LAB) — 15KB
- bkyi-20250808_pre.xml (EX-101.PRE) — 11KB
- bkyi20250820_8k_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Amendment No. 1 to the BIO-key International, Inc. 2023 Stock Incentive Plan (filed herewith) 10.2 Amendment No. 1 to the BIO-key International, Inc. 2021 Employe Stock Purchase Plan (filed herewith) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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. BIO-KEY INTERNATIONAL, INC. Date: August 20, 2025 By: /s/ Cecilia C. Welch Cecilia C. Welch Chief Financial Officer