Cavitation Technologies Announces Board Changes
Ticker: CVAT · Form: 8-K · Filed: Sep 16, 2024 · CIK: 1376793
| Field | Detail |
|---|---|
| Company | Cavitation Technologies, Inc. (CVAT) |
| Form Type | 8-K |
| Filed Date | Sep 16, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-change, management-change
TL;DR
Cavitation Tech board shake-up, new directors in, old ones out. Details TBD.
AI Summary
Cavitation Technologies, Inc. announced on September 16, 2024, a change in its board of directors. The filing indicates the departure of certain officers and the election of new directors, alongside updates to compensatory arrangements for its officers. Specific details regarding the individuals involved or the financial implications of these changes were not provided in this initial filing.
Why It Matters
Changes in a company's board of directors can signal shifts in strategy, governance, or operational focus, potentially impacting future performance and investor confidence.
Risk Assessment
Risk Level: medium — Board changes can introduce uncertainty about future strategy and leadership, which may affect the company's performance.
Key Players & Entities
- Cavitation Technologies, Inc. (company) — Registrant
- September 16, 2024 (date) — Date of earliest event reported
FAQ
What specific roles have been affected by the departure of certain officers?
The filing states the departure of certain officers but does not specify the exact roles that have been vacated.
Who are the newly elected directors?
The filing indicates the election of directors but does not name the individuals who have been elected.
Are there any changes to the company's executive compensation structure?
The filing mentions updates to compensatory arrangements of certain officers, but the specifics of these arrangements are not detailed.
What is the reason for the changes in the board of directors?
The filing does not provide a reason for the departure of directors or the election of new ones.
When did these changes to the board and officer positions become effective?
The earliest event reported is as of September 16, 2024, indicating the changes are effective around this date.
Filing Stats: 409 words · 2 min read · ~1 pages · Grade level 12.3 · Accepted 2024-09-16 15:08:57
Filing Documents
- cavitation_8k.htm (8-K) — 23KB
- image_001.jpg (GRAPHIC) — 2KB
- 0001683168-24-006424.txt ( ) — 192KB
- cvat-20240916.xsd (EX-101.SCH) — 3KB
- cvat-20240916_lab.xml (EX-101.LAB) — 33KB
- cvat-20240916_pre.xml (EX-101.PRE) — 24KB
- cavitation_8k_htm.xml (XML) — 3KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Departure of Director Effective August 22, 2024, James Fuller voluntarily resigned as a Director of Cavitation Technologies, Inc. ("Company") and any committees thereof for personal reasons. Mr. Fuller's resignation was not the result of any disagreement with the Company, including any matters relating to the Company's operations, policies, or procedures. 2
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. Cavitation Technologies, Inc. By /s/ Naum Voloshin Name: Naum Voloshin Title: CEO Date: September 16, 2024 3