Intelligent Protection Management Corp. Files 8-K

TL;DR

IPMC filed an 8-K on Jan 7th, reporting leadership changes and compensation details.

AI Summary

Intelligent Protection Management Corp. (formerly Paltalk, Inc.) filed an 8-K on January 8, 2025, reporting events as of January 7, 2025. The filing indicates changes related to the departure of directors or officers, the election of directors, the appointment of officers, and compensatory arrangements. It also includes Regulation FD disclosures and financial statements/exhibits.

Why It Matters

This 8-K filing signals potential changes in the company's leadership and executive compensation structure, which could impact its strategic direction and investor relations.

Risk Assessment

Risk Level: medium — Changes in directors and officers, along with compensatory arrangements, can indicate internal shifts that may affect future performance and strategy.

Key Players & Entities

• INTELLIGENT PROTECTION MANAGEMENT CORP. (company) — Registrant
• PALTALK, INC. (company) — Former company name
• PeerStream, Inc. (company) — Former company name
• Snap Interactive, Inc (company) — Former company name
• January 7, 2025 (date) — Date of earliest event reported
• January 8, 2025 (date) — Filing date

FAQ

Key Financial Figures

• $0.001 — nge on which registered Common Stock, $0.001 par value IPM The Nasdaq Capital Ma
• $21,000 — ly consists of annual cash retainers of $21,000 per year for service on the Board and $
• $4,000 — 0 per year for service on the Board and $4,000 per year for service on the Strategic T

Filing Documents

• ea0226912-8k_intelli.htm (8-K) — 36KB
• ea022691201ex99-1_intelli.htm (EX-99.1) — 14KB
• 0001213900-25-001824.txt ( ) — 228KB
• palt-20250107.xsd (EX-101.SCH) — 3KB
• palt-20250107_lab.xml (EX-101.LAB) — 33KB
• palt-20250107_pre.xml (EX-101.PRE) — 22KB
• ea0226912-8k_intelli_htm.xml (XML) — 4KB

02. Departure of Directors or Certain

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of New Directors Appointment of Mr. Sloane as Newtek Representative As described in Intelligent Protection Management Corp.'s (the " Company ") Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission (the " SEC ") on November 26, 2024 (the " Proxy Statement "), pursuant to the terms of that certain Agreement and Plan of Merger (the " Acquisition Agreement "), by and among the Company, PALT Merger Sub 1, Inc., PALT Merger Sub 2, LLC, Newtek Technology Solutions, Inc. (" NTS ") and NewtekOne, Inc. (" Newtek "), the Company agreed to cause one representative nominated by Newtek (the " Newtek Representative ") to be appointed to the Company's Board of Directors (the " Board ") promptly following the closing of the Company's acquisition of NTS. Newtek has designated Barry Sloane, who is currently Newtek's Chairman, Chief Executive Officer and President, as the Newtek Representative. Effective as of January 7, 2025, the Board increased the size of the Board from five (5) directors to seven (7) directors and appointed Mr. Sloane to the Board, to serve in such capacity until the Company's 2025 annual meeting of stockholders (the " 2025 Annual Meeting ") and until his successor is duly elected and qualified or until his earlier death, disqualification, resignation or removal. Mr. Sloane has not been appointed to any committee of the Board. Mr. Sloane has served as Newtek's Chairman and Chief Executive Officer since 1999, as Newtek's President since 2008 and Chairman and Chief Executive Officer of its bank subsidiary, Newtek Bank, N.A., since January 2023. Mr. Sloane founded Newtek in 1998 and is an executive officer of each of Newtek's subsidiaries. From September 1993 through July 1995, Mr. Sloane was a Managing Director of Smith Barney, Inc., where he directed th

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. On January 8, 2025, the Company issued a press release announcing the appointments of each of Messrs. Sloane and Rabsatt to the Board. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K (this " Current Report ") and is incorporated into this Item 7.01 by reference herein. The information included under Item 7.01 of this Current Report (including Exhibit 99.1) is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the " Exchange Act "), or otherwise be subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act or the Exchange Act, whether made before or after the date hereof and regardless of any general incorporation language in such filing. Section 9 — Financial Statements and Exhibits

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release of Intelligent Protection Management Corp., dated January 8, 2025 (furnished pursuant to Item 7.01). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 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. Date: January 8, 2025 INTELLIGENT PROTECTION MANAGEMENT CORP. By: /s/ Jason Katz Jason Katz Chief Executive Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR