SideChannel, Inc. Announces Director Changes and New Compensation Plan
Ticker: SDCH · Form: 8-K · Filed: Apr 15, 2024 · CIK: 1022505
Sentiment: neutral
Topics: director-change, officer-compensation, governance
TL;DR
SideChannel's board is changing with new directors appointed; compensation plans are also being updated.
AI Summary
On April 9, 2024, SideChannel, Inc. reported a departure of a director, John P. O'Malley, and the appointment of two new directors, David L. Doman and Michael J. Doman. The company also announced a new compensatory arrangement for its officers, though specific details of this arrangement were not provided in this filing.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Director changes and new compensation arrangements can introduce uncertainty regarding future strategy and leadership effectiveness.
Key Players & Entities
- SideChannel, Inc. (company) — Registrant
- John P. O'Malley (person) — Departing Director
- David L. Doman (person) — Appointed Director
- Michael J. Doman (person) — Appointed Director
- April 9, 2024 (date) — Date of earliest event reported
FAQ
Who has departed from SideChannel, Inc.'s board of directors?
John P. O'Malley has departed from SideChannel, Inc.'s board of directors as of April 9, 2024.
Who has been appointed as new directors to SideChannel, Inc.'s board?
David L. Doman and Michael J. Doman have been appointed as new directors to SideChannel, Inc.'s board.
What is the date of the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing is April 9, 2024.
What other item information is included in this 8-K filing besides director changes?
This 8-K filing also includes information on the election of directors, appointment of certain officers, and compensatory arrangements of certain officers, as well as financial statements and exhibits.
What is the state of incorporation for SideChannel, Inc.?
SideChannel, Inc. is incorporated in Delaware.
Filing Stats: 539 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-04-15 17:00:18
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share SDCH OTC Markets Group (O
- $7,500 — e Director Hugh Regan, Jr. at a rate of $7,500 per quarter for services provided as ch
Filing Documents
- form8-k.htm (8-K) — 45KB
- form8-k_001.jpg (GRAPHIC) — 3KB
- 0001493152-24-014645.txt ( ) — 221KB
- sdch-20240409.xsd (EX-101.SCH) — 3KB
- sdch-20240409_lab.xml (EX-101.LAB) — 33KB
- sdch-20240409_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
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. SideChannel, Inc. Date: April 15, 2024 By: /s/ Brian Haugli Name: Brian Haugli Title: Chief Executive Officer