Balance Labs Appoints New CEO, COO, and Directors
Ticker: BLNC · Form: 8-K · Filed: Jul 10, 2024 · CIK: 1632121
| Field | Detail |
|---|---|
| Company | Balance Labs, INC. (BLNC) |
| Form Type | 8-K |
| Filed Date | Jul 10, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $200 million, $400 million, $2,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: leadership-change, executive-appointment, director-appointment
TL;DR
Balance Labs just swapped out its CEO and COO, bringing in new blood to run the show.
AI Summary
On July 3, 2024, Balance Labs, Inc. reported changes in its board of directors and executive officers. The company announced the departure of Director Michael J. Collins and the appointment of new directors, including David M. Glickman and Robert M. Glickman. Additionally, the company appointed Robert M. Glickman as Chief Executive Officer and David M. Glickman as Chief Operating Officer.
Why It Matters
This filing indicates a significant leadership transition at Balance Labs, Inc., with new executives and directors taking the helm, which could signal a strategic shift for the company.
Risk Assessment
Risk Level: medium — Leadership changes can introduce uncertainty and potential shifts in strategy, impacting the company's future performance.
Key Players & Entities
- Balance Labs, Inc. (company) — Registrant
- Michael J. Collins (person) — Departing Director
- David M. Glickman (person) — Appointed Director and COO
- Robert M. Glickman (person) — Appointed Director and CEO
- July 3, 2024 (date) — Date of earliest event reported
FAQ
Who has departed from Balance Labs, Inc.'s board of directors?
Michael J. Collins has departed from Balance Labs, Inc.'s board of directors as of July 3, 2024.
Who has been appointed as new directors to Balance Labs, Inc.'s board?
David M. Glickman and Robert M. Glickman have been appointed as new directors to Balance Labs, Inc.'s board.
What are the new executive roles appointed at Balance Labs, Inc.?
Robert M. Glickman has been appointed as Chief Executive Officer, and David M. Glickman has been appointed as Chief Operating Officer.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on July 3, 2024.
What is the principal executive office address for Balance Labs, Inc.?
The principal executive office address for Balance Labs, Inc. is 407 Lincoln Road, Suite 701, Miami Beach, Florida 33139.
Filing Stats: 690 words · 3 min read · ~2 pages · Grade level 11.1 · Accepted 2024-07-10 16:00:37
Key Financial Figures
- $200 million — has been instrumental in securing over $200 million in funding across various ventures, as
- $400 million — cross various ventures, as well as over $400 million in acquisitions. His career also includ
- $2,000 — er will receive monthly compensation of $2,000 per month. There is no arrangement or u
Filing Documents
- form8-k.htm (8-K) — 36KB
- 0001493152-24-026786.txt ( ) — 200KB
- blnc-20240703.xsd (EX-101.SCH) — 3KB
- blnc-20240703_lab.xml (EX-101.LAB) — 33KB
- blnc-20240703_pre.xml (EX-101.PRE) — 22KB
- 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. BALANCE LABS, INC. Date: July 10, 2024 By: /s/ Michael D. Farkas Name: Michael D. Farkas Title: Chief Executive Officer