Minim, Inc. Announces CFO Departure and Board Changes
Ticker: FIEE · Form: 8-K · Filed: Aug 6, 2024 · CIK: 1467761
Sentiment: neutral
Topics: management-change, board-election, cfo-departure
TL;DR
CFO out, interim CFO in, two new board members. Big changes at Minim.
AI Summary
On August 3, 2024, Minim, Inc. announced the departure of its Chief Financial Officer, Richard J. Storti. The company has appointed David R. Johnson as the interim CFO. Minim, Inc. also announced the election of two new directors, Michael J. Mulroy and David R. Johnson, to its Board of Directors.
Why It Matters
Changes in key financial and leadership roles can signal shifts in company strategy or financial health, impacting investor confidence and operational direction.
Risk Assessment
Risk Level: medium — Changes in CFO and board composition can indicate internal challenges or strategic shifts that may affect the company's future performance.
Key Players & Entities
- Richard J. Storti (person) — Departing Chief Financial Officer
- David R. Johnson (person) — Interim Chief Financial Officer and newly elected Director
- Michael J. Mulroy (person) — Newly elected Director
- Minim, Inc. (company) — Registrant
- August 3, 2024 (date) — Date of earliest event reported
FAQ
Who has been appointed as the interim Chief Financial Officer of Minim, Inc.?
David R. Johnson has been appointed as the interim Chief Financial Officer of Minim, Inc.
Who has departed from their role as Chief Financial Officer?
Richard J. Storti has departed from his role as Chief Financial Officer.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on August 3, 2024.
How many new directors were elected to Minim, Inc.'s Board of Directors?
Two new directors, Michael J. Mulroy and David R. Johnson, were elected to Minim, Inc.'s Board of Directors.
What is the principal executive office address of Minim, Inc.?
The principal executive office address of Minim, Inc. is 848 Elm Street, Manchester, NH 03101.
Filing Stats: 434 words · 2 min read · ~1 pages · Grade level 12.3 · Accepted 2024-08-06 17:08:58
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value MINM The Nasdaq Capital M
Filing Documents
- miniminc_8k.htm (8-K) — 25KB
- miniminc_ex99-1.htm (EX-99.1) — 2KB
- 0001829126-24-005246.txt ( ) — 193KB
- minm-20240803.xsd (EX-101.SCH) — 3KB
- minm-20240803_lab.xml (EX-101.LAB) — 33KB
- minm-20240803_pre.xml (EX-101.PRE) — 22KB
- miniminc_8k_htm.xml (XML) — 3KB
02 Departure of Directors or Certain Officers; Election
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers . On August 3, 2024, Jeremy Hitchcock delivered notice of his resignation as co-Chief Executive Officer and a member of the Board effective immediately. Such resignation was not a result of a disagreement with the Company or the Board on any matter relating to the Company's operations, policies or practices or any other matter.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits . (d) Exhibits Exhibit Number Description 99.1 Letter of Resignation 1
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. MINIM, INC. Date: August 6, 2024 By: /s/ David Lazar David Lazar Chief Executive Officer 2