ZRCN Inc. Director Departs, New Director Appointed
Ticker: ZRCN · Form: 8-K · Filed: Oct 24, 2024 · CIK: 1901297
| Field | Detail |
|---|---|
| Company | Zrcn Inc. (ZRCN) |
| Form Type | 8-K |
| Filed Date | Oct 24, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001, $9 million, $200 million, $10 million, $3 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, officer-compensation
TL;DR
ZRCN board shakeup: David Lee out, Michael McEvoy in. Officer pay details also filed.
AI Summary
On October 18, 2024, ZRCN Inc. announced the departure of director David L. Lee and the appointment of new director Michael J. McEvoy. The company also disclosed compensatory arrangements for certain officers, though specific details and dollar amounts were not provided in this filing.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine board and officer changes, with no immediate financial distress or significant operational shifts indicated.
Key Players & Entities
- ZRCN Inc. (company) — Registrant
- David L. Lee (person) — Departing Director
- Michael J. McEvoy (person) — Appointed Director
- October 18, 2024 (date) — Date of earliest event reported
FAQ
Who has been appointed as a new director to the ZRCN Inc. board?
Michael J. McEvoy has been appointed as a new director to the ZRCN Inc. board.
Who has departed from the ZRCN Inc. board of directors?
David L. Lee has departed from the ZRCN Inc. board of directors.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is October 18, 2024.
What is the principal executive office address for ZRCN Inc.?
The principal executive office address for ZRCN Inc. is 1580 Dell Avenue, Campbell, CA 95008.
What other items are covered in this 8-K filing besides director changes?
This 8-K filing also covers the election of directors and compensatory arrangements of certain officers.
Filing Stats: 1,001 words · 4 min read · ~3 pages · Grade level 11.7 · Accepted 2024-10-24 17:21:23
Key Financial Figures
- $0.0001 — Exchange Act: Common Stock, par value $0.0001 per share (Title of class) Item 5.0
- $9 million — ousewares industry. She grew Tilia from $9 million revenue with significant losses to over
- $200 million — revenue with significant losses to over $200 million with outstanding EBITDA and cash flow p
- $10 million — mpleted the acquisition of VillaWare, a $10 million specialty appliance company and success
- $3 — perating plans. At Dole Food Company ($3+ billion food producer), Ms. Graebner h
- $7,200.00 — University. Ms. Graebner will receive $7,200.00 per calendar quarter, to serve as a Dir
Filing Documents
- form8-k.htm (8-K) — 44KB
- 0001493152-24-042411.txt ( ) — 208KB
- zrcn-20241018.xsd (EX-101.SCH) — 3KB
- zrcn-20241018_lab.xml (EX-101.LAB) — 33KB
- zrcn-20241018_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ZRCN Inc. Date: October 24, 2024 By: /s/ Jeff Parsons Jeff Parsons Chief Financial Officer 4