Hennessy Advisors Files 8-K on Officer/Director Changes
Ticker: HNNAZ · Form: 8-K · Filed: Sep 20, 2024 · CIK: 1145255
| Field | Detail |
|---|---|
| Company | Hennessy Advisors INC (HNNAZ) |
| Form Type | 8-K |
| Filed Date | Sep 20, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $375,000, $275,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, corporate-governance, filing
Related Tickers: HNNA
TL;DR
Hennessy Advisors (HNNA) filed an 8-K detailing leadership changes and financial statements.
AI Summary
Hennessy Advisors, Inc. filed an 8-K on September 20, 2024, reporting events as of September 16, 2024. The filing pertains to the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. It also includes financial statements and exhibits.
Why It Matters
This filing indicates potential changes in the leadership and governance structure of Hennessy Advisors, Inc., which could impact the company's strategic direction and operations.
Risk Assessment
Risk Level: medium — Changes in directors or officers can signal internal shifts or strategic realignments that may affect company performance.
Key Players & Entities
- HENNESSY ADVISORS, INC. (company) — Registrant
- September 16, 2024 (date) — Date of earliest event reported
- September 20, 2024 (date) — Filing date
FAQ
What specific officer or director positions were affected by the events reported on September 16, 2024?
The filing indicates the departure of directors or certain officers, the election of directors, and the appointment of certain officers, but does not specify the names or exact positions in the provided text.
Are there any details regarding the compensatory arrangements for the officers mentioned?
The filing lists 'Compensatory Arrangements of Certain Officers' as an item, but the specific details of these arrangements are not included in the provided text.
What type of financial statements were included as exhibits in this filing?
The filing states 'Financial Statements and Exhibits' are included, but the specific nature or content of these financial statements is not detailed in the provided text.
What is the primary business of Hennessy Advisors, Inc. according to the filing?
According to the filing, Hennessy Advisors, Inc. is in the 'INVESTMENT ADVICE' sector, with SIC code 6282.
When is Hennessy Advisors, Inc.'s fiscal year end?
The fiscal year end for Hennessy Advisors, Inc. is September 30.
Filing Stats: 979 words · 4 min read · ~3 pages · Grade level 10.8 · Accepted 2024-09-20 16:21:16
Key Financial Figures
- $375,000 — ases Ms. Nilsen's annual base salary to $375,000. The Second Amendment to the Employmen
- $275,000 — l Officer and Senior Vice President, to $275,000. The salary adjustment is effective as
Filing Documents
- hnna20240919_8k.htm (8-K) — 37KB
- ex_726060.htm (EX-99.1) — 18KB
- ex_726061.htm (EX-99.2) — 19KB
- 0001437749-24-029760.txt ( ) — 228KB
- hnna-20240916.xsd (EX-101.SCH) — 4KB
- hnna-20240916_def.xml (EX-101.DEF) — 13KB
- hnna-20240916_lab.xml (EX-101.LAB) — 18KB
- hnna-20240916_pre.xml (EX-101.PRE) — 13KB
- hnna20240919_8k_htm.xml (XML) — 5KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits EXHIBIT INDEX Exhibit Description 99.1 Second Amendment to the Fourth Amended and Restated Employment Agreement, dated as of September 20, 2024, between Hennessy Advisors, Inc. and Neil J. Hennessy. 99.2 Second Amendment to the Employment Agreement, dated as of September 20, 2024, between Hennessy Advisors, Inc. and Teresa M. Nilsen. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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. HENNESSY ADVISORS, INC. September 20, 2024 By: /s/ Teresa M. Nilsen Teresa M. Nilsen President