Agrify Corp Reports Director/Officer Changes and Compensation
Ticker: RYM · Form: 8-K · Filed: Jan 7, 2025 · CIK: 1800637
| Field | Detail |
|---|---|
| Company | Agrify Corp (RYM) |
| Form Type | 8-K |
| Filed Date | Jan 7, 2025 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, governance, compensation
TL;DR
Agrify's 8-K details director/officer changes and compensation as of Dec 31, 2024.
AI Summary
Agrify Corporation filed an 8-K on January 7, 2025, reporting events as of December 31, 2024. The filing primarily concerns the departure of directors or certain officers, the election of directors, and the appointment of certain officers, along with details on compensatory arrangements for these individuals. The company is incorporated in Nevada and its principal executive offices are located in Troy, Michigan.
Why It Matters
Changes in a company's board of directors and executive officers, along with their compensation, can signal shifts in strategy or governance that may impact future performance.
Risk Assessment
Risk Level: medium — Changes in directorship and officer appointments, especially when tied to compensation, can indicate internal restructuring or strategic shifts that carry inherent business risks.
Key Numbers
- 001-39946 — SEC File Number (Identifies the specific SEC filing for Agrify Corporation.)
- 30-0943453 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Agrify Corporation (company) — Registrant
- Nevada (jurisdiction) — State of incorporation
- Troy, MI (location) — Principal executive offices
- December 31, 2024 (date) — Date of earliest event reported
- January 7, 2025 (date) — Filing date
FAQ
What specific changes were made regarding directors or officers?
The filing indicates events related to the departure of directors or certain officers, the election of directors, and the appointment of certain officers.
When were these events effective?
The earliest event reported was as of December 31, 2024, and the filing was made on January 7, 2025.
What is Agrify Corporation's state of incorporation?
Agrify Corporation is incorporated in Nevada.
Where are Agrify's principal executive offices located?
Agrify's principal executive offices are located at 2468 Industrial Row Drive, Troy, MI 48084.
What is the primary purpose of this 8-K filing?
The primary purpose is to report on the departure/election/appointment of directors and officers, and related compensatory arrangements.
Filing Stats: 414 words · 2 min read · ~1 pages · Grade level 14.7 · Accepted 2025-01-07 16:30:07
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share AGFY Nasdaq Capital Marke
Filing Documents
- ea022695801-8k_agrify.htm (8-K) — 22KB
- 0001213900-25-001659.txt ( ) — 190KB
- agfy-20241231.xsd (EX-101.SCH) — 3KB
- agfy-20241231_lab.xml (EX-101.LAB) — 33KB
- agfy-20241231_pre.xml (EX-101.PRE) — 22KB
- ea022695801-8k_agrify_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. As previously reported, on December 31, 2024 (the "Effective Date"), Agrify Corporation sold certain assets relating to its Vertical Farming Unit business (the "Asset Sale") to CP Acquisitions, LLC ("CP"). In connection with the Asset Sale, David Kessler ceased serving as the Company's Chief Science Officer, Executive Vice President and General Manager of Cultivation, effective as of the Effective Date. 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. AGRIFY CORPORATION Date: January 7, 2025 By: /s/ Benjamin Kovler Benjamin Kovler Chairman and Interim Chief Executive Officer 2