Coda Octopus Group Reports Executive Changes & Compensation
Ticker: CODA · Form: 8-K · Filed: Feb 16, 2024 · CIK: 1334325
| Field | Detail |
|---|---|
| Company | Coda Octopus Group, INC. (CODA) |
| Form Type | 8-K |
| Filed Date | Feb 16, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $102,500, $1.25, $7,500 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, compensation, corporate-governance
TL;DR
**Coda Octopus Group just filed an 8-K about executive changes and their pay, so keep an eye out for what that means for the stock!**
AI Summary
Coda Octopus Group, Inc. filed an 8-K on February 16, 2024, reporting an event on February 12, 2024, concerning the departure or election of directors or officers and their compensatory arrangements. The filing also includes information on financial statements and exhibits. The company, based in Orlando, Florida, operates in the search, detection, navigation, guidance, and aeronautical systems industry.
Why It Matters
Changes in executive leadership and compensation structures can signal strategic shifts or financial health, impacting investor confidence and future company direction.
Risk Assessment
Risk Level: medium — Changes in executive leadership can introduce uncertainty regarding future company strategy and performance, posing a medium risk to investors.
Key Players & Entities
- Coda Octopus Group, Inc. (company) — Filing company
- February 12, 2024 (date) — Date of earliest event reported
- February 16, 2024 (date) — Filing date
- Orlando, Florida (location) — Company headquarters
- Delaware (location) — State of incorporation
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 12, 2024.
What specific items were reported in this 8-K by Coda Octopus Group, Inc.?
The 8-K reported on 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits'.
When was this 8-K filed with the SEC?
This 8-K was filed with the SEC on February 16, 2024.
What is the business address of Coda Octopus Group, Inc.?
The business address of Coda Octopus Group, Inc. is 3300 S Hiawassee Rd., Suite 104-105 Orlando, Florida 32835.
What is the CIK number for Coda Octopus Group, Inc.?
The Central Index Key (CIK) for Coda Octopus Group, Inc. is 0001334325.
Filing Stats: 607 words · 2 min read · ~2 pages · Grade level 11.7 · Accepted 2024-02-16 16:05:27
Key Financial Figures
- $102,500 — nual salary of 82,000 (or approximately $102,500), using an exchange rate of $1.25. As i
- $1.25 — ly $102,500), using an exchange rate of $1.25. As inducement for assuming the additio
- $7,500 — centive payment of 6,000 (approximately $7,500) for each month that she acts as the Co
Filing Documents
- form8-k.htm (8-K) — 37KB
- 0001493152-24-007005.txt ( ) — 231KB
- coda-20240212.xsd (EX-101.SCH) — 3KB
- coda-20240212_def.xml (EX-101.DEF) — 26KB
- coda-20240212_lab.xml (EX-101.LAB) — 33KB
- coda-20240212_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. Dated: February 16, 2024 Coda Octopus Group, Inc. By: /s/ Annmarie Gayle Chief Executive Officer