cbdMD, Inc. Files 8-K: Board and Officer Changes
Ticker: YCBD · Form: 8-K · Filed: Dec 23, 2024 · CIK: 1644903
| Field | Detail |
|---|---|
| Company | Cbdmd, Inc. (YCBD) |
| Form Type | 8-K |
| Filed Date | Dec 23, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, compensation, governance
TL;DR
cbdMD board/exec shakeup, new comp plans filed.
AI Summary
On December 19, 2024, cbdMD, Inc. filed an 8-K report detailing changes in its board of directors and executive officers. The filing also includes information on compensatory arrangements for certain officers. Specific details regarding the individuals involved and the exact nature of the compensatory arrangements are not provided in this summary section of the filing.
Why It Matters
Changes in a company's board of directors and executive officers can signal shifts in strategy, governance, or operational focus, potentially impacting future performance and investor confidence.
Risk Assessment
Risk Level: medium — Changes in leadership and executive compensation can indicate internal restructuring or strategic shifts that may carry inherent risks.
Key Numbers
- 001-38299 — SEC File Number (Identifies the company's filing with the SEC.)
- 47-3414576 — IRS Number (Company's tax identification number.)
Key Players & Entities
- cbdMD, Inc. (company) — Registrant
- North Carolina (jurisdiction) — State of Incorporation
- Level Brands, Inc. (company) — Former Company Name
- LEVEL BEAUTY GROUP, INC. (company) — Former Company Name
FAQ
What specific changes were made to the board of directors and executive officers of cbdMD, Inc. on December 19, 2024?
The filing indicates changes in directors and certain officers, but the specific names and roles are detailed in the full report, not summarized here.
What are the details of the compensatory arrangements for certain officers mentioned in the filing?
The filing notes that information regarding compensatory arrangements of certain officers is included, but the specifics are within the full document.
What is the significance of the former company names 'Level Brands, Inc.' and 'LEVEL BEAUTY GROUP, INC.' for cbdMD, Inc.?
These are former names of cbdMD, Inc., indicating a history of name changes or corporate restructuring.
What is the primary business of cbdMD, Inc. based on its SIC code?
cbdMD, Inc.'s Standard Industrial Classification (SIC) code is 2844, which corresponds to 'PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS'.
What is the fiscal year end for cbdMD, Inc.?
The fiscal year end for cbdMD, Inc. is September 30 (0930).
Filing Stats: 651 words · 3 min read · ~2 pages · Grade level 10.7 · Accepted 2024-12-23 17:12:46
Filing Documents
- ycbd20241223_8k.htm (8-K) — 27KB
- ex_760485.htm (EX-99.1) — 8KB
- 0001437749-24-038295.txt ( ) — 183KB
- ycbd-20241219.xsd (EX-101.SCH) — 4KB
- ycbd-20241219_def.xml (EX-101.DEF) — 13KB
- ycbd-20241219_lab.xml (EX-101.LAB) — 17KB
- ycbd-20241219_pre.xml (EX-101.PRE) — 13KB
- ycbd20241223_8k_htm.xml (XML) — 5KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Exhibit 99.1 Press Release dated December 23, 2024 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. cbdMD, Inc. Date: December 23, 2024 By: /s/ T. Ronan Kennedy Name: T. Ronan Kennedy Title: Chief Executive Officer and Chief Financial Officer