Calidi Biotherapeutics Appoints New CMO, Adds Director

Ticker: CLDWW · Form: 8-K · Filed: Aug 20, 2024 · CIK: 1855485

Calidi Biotherapeutics, Inc. 8-K Filing Summary
FieldDetail
CompanyCalidi Biotherapeutics, Inc. (CLDWW)
Form Type8-K
Filed DateAug 20, 2024
Risk Levelmedium
Pages2
Reading Time2 min
Key Dollar Amounts$0.0001
Sentimentneutral

Sentiment: neutral

Topics: management-change, board-appointment, personnel

Related Tickers: CLDI

TL;DR

Calidi Biotherapeutics beefs up leadership with a new CMO and board member.

AI Summary

Calidi Biotherapeutics, Inc. announced on August 16, 2024, the appointment of Dr. Xiaolin Liu as Chief Medical Officer and the election of Dr. Lawrence Stern to its Board of Directors. The company also disclosed compensatory arrangements for these key individuals. This filing follows a period of significant corporate activity, including a name change from First Light Acquisition Group, Inc. on April 6, 2021.

Why It Matters

The appointment of a new Chief Medical Officer and a Board Director signals potential strategic shifts and leadership changes that could impact the company's future drug development and business strategy.

Risk Assessment

Risk Level: medium — Changes in key leadership and board composition can introduce uncertainty regarding future strategy and execution.

Key Numbers

  • 001-40789 — SEC File Number (Identifies the company's filing history with the SEC.)
  • 86-2967193 — IRS Number (Company's Employer Identification Number.)

Key Players & Entities

  • Calidi Biotherapeutics, Inc. (company) — Registrant
  • Dr. Xiaolin Liu (person) — Appointed Chief Medical Officer
  • Dr. Lawrence Stern (person) — Elected to Board of Directors
  • First Light Acquisition Group, Inc. (company) — Former Company Name
  • August 16, 2024 (date) — Date of earliest event reported
  • April 6, 2021 (date) — Date of name change

FAQ

Who has been appointed as the new Chief Medical Officer?

Dr. Xiaolin Liu has been appointed as the new Chief Medical Officer.

Who has been elected to the Board of Directors?

Dr. Lawrence Stern has been elected to the Board of Directors.

What is the exact date of the earliest event reported in this 8-K filing?

The date of the earliest event reported is August 16, 2024.

What was Calidi Biotherapeutics, Inc. formerly known as?

Calidi Biotherapeutics, Inc. was formerly known as First Light Acquisition Group, Inc.

When did the company change its name from First Light Acquisition Group, Inc.?

The company changed its name on April 6, 2021.

Filing Stats: 623 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-08-20 06:04:17

Key Financial Figures

  • $0.0001 — ch Registered Common stock, par value $0.0001 per share CLDI NYSE American LLC

Filing Documents

01 Other Events

Item 8.01 Other Events. On August 16, 2024, following the receipt of notice from Mr. Ng, and as permitted by the Bylaws of the Company, the Board at the recommendation of the Nominating and Corporate Governance Committee, reduced the size of the Board from six (6) to five (5) members, by eliminating the Class I vacancy on the Board that is expected to result from the expiration of Mr. Ng's term at the 2024 annual shareholder meeting. The information under Item 5.02 above is also incorporated herein by reference.

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. CALIDI BIOTHERAPEUTICS, INC. Dated: August 20, 2024 By: /s/ Wendy Pizarro Name: Wendy Pizarro Title: Chief Legal Officer

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