Earth Science Tech Announces Board & Compensation Changes
Ticker: ETST · Form: 8-K · Filed: Apr 15, 2024 · CIK: 1538495
| Field | Detail |
|---|---|
| Company | Earth Science Tech, INC. (ETST) |
| Form Type | 8-K |
| Filed Date | Apr 15, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, compensation
TL;DR
ESTI shakes up board and exec pay - big changes coming?
AI Summary
Earth Science Tech, Inc. announced on April 9, 2024, a change in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and the election of new directors, alongside adjustments to compensatory plans for key personnel.
Why It Matters
Changes in leadership and compensation can signal shifts in company strategy and future performance, impacting investor confidence and stock valuation.
Risk Assessment
Risk Level: medium — Changes in board and executive compensation can indicate internal restructuring or strategic shifts that may carry inherent risks.
Key Players & Entities
- Earth Science Tech, Inc. (company) — Registrant
- April 9, 2024 (date) — Date of earliest event reported
- 000-55000 (company) — Commission File Number
- Miami, FL (location) — Principal executive offices
FAQ
What specific roles have changed within Earth Science Tech, Inc.'s executive team?
The filing indicates the departure of certain officers and the election of new directors, but does not specify the exact roles that have changed.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this filing occurred on April 9, 2024.
What is the Commission File Number for Earth Science Tech, Inc.?
The Commission File Number for Earth Science Tech, Inc. is 000-55000.
Where are Earth Science Tech, Inc.'s principal executive offices located?
Earth Science Tech, Inc.'s principal executive offices are located at 8950 SW 74th CT Suite 101, Miami, FL 33156.
What type of compensatory arrangements are being discussed in this filing?
The filing mentions compensatory arrangements of certain officers, indicating adjustments or new plans for executive pay.
Filing Stats: 471 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-04-15 16:44:27
Key Financial Figures
- $0.001 — ange on which registered Common Stock $0.001 par value ETST Over the Counter Bul
Filing Documents
- form8-k.htm (8-K) — 34KB
- 0001493152-24-014642.txt ( ) — 203KB
- etst-20240409.xsd (EX-101.SCH) — 3KB
- etst-20240409_lab.xml (EX-101.LAB) — 33KB
- etst-20240409_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 4KB
From the Filing
UNITED SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 9, 2024 Commission File No. 000-55000 EARTH SCIENCE TECH, INC. (Exact name of registrant as specified in its charter) florida 80-0961484 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 8950 SW 74 th CT Suite 101 Miami , FL 33156 , USA (Address of principal executive offices, zip code) (305) 724-5684 (Registrant's telephone number, including area code) 10650 NW 29th Terrace Doral , FL 33172 , USA (Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(g) of the Act: Title of Each Class Trading Symbol Name of each exchange on which registered Common Stock $0.001 par value ETST Over the Counter Bulletin Board Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On April 9, 2024, Earth Science Tech, Inc. a Florida corporation (the "Company"), Board of Directors appointed Mario G. Tabraue as the Company's Chief Operations Officer (the "COO"), relinquishing his role as President. The COO will continue to receive his October 1, 2023, compensation disclosed in the September 29, 2023, filed 8-K Item 5.02(e) Compensatory Arrangement of Certain Officers. Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE 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. EARTH SCIENCE TECH, INC. Dated: April 15, 2024 By: /s/ Giorgio R. Saumat Giorgio R. Saumat Its: CEO and Chairman of the Board