Biote Corp. Elects New Directors, Reports Executive Compensation
Ticker: BTMD · Form: 8-K · Filed: Jun 5, 2025 · CIK: 1819253
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
TL;DR
Biote adds two directors, confirms exec pay details. Board shakeup incoming?
AI Summary
Biote Corp. announced on June 2, 2025, a change in its board of directors, with the election of two new directors, Dr. David G. Astin and Mr. David L. Schlotterbeck. The company also reported on compensatory arrangements for its named executive officers. This filing follows Biote Corp.'s transition from its former name, Haymaker Acquisition Corp. III, on July 27, 2020.
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 — Changes in board composition and executive compensation can sometimes precede significant strategic shifts or indicate internal dynamics that may affect the company's future.
Key Players & Entities
- Biote Corp. (company) — Registrant
- Dr. David G. Astin (person) — Newly Elected Director
- Mr. David L. Schlotterbeck (person) — Newly Elected Director
- Haymaker Acquisition Corp. III (company) — Former Company Name
- June 2, 2025 (date) — Date of Earliest Event Reported
- July 27, 2020 (date) — Date of Name Change
FAQ
Who are the newly elected directors of Biote Corp.?
The newly elected directors are Dr. David G. Astin and Mr. David L. Schlotterbeck.
What are the main topics covered in this 8-K filing?
This filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
When was the earliest event reported in this filing?
The earliest event reported was on June 2, 2025.
What was Biote Corp.'s former company name?
Biote Corp.'s former company name was Haymaker Acquisition Corp. III.
When did the company change its name from Haymaker Acquisition Corp. III?
The date of the name change was July 27, 2020.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on June 5, 2025 by Dr. David G. Astin regarding biote Corp. (BTMD).