Community Redevelopment 8-K: Officer/Director Changes, Comp Arrangements
Ticker: CRDV · Form: 8-K · Filed: 2024-01-04T00:00:00.000Z
Sentiment: neutral
Topics: leadership-change, compensation, corporate-governance
TL;DR
**Community Redevelopment filed an 8-K about leadership changes and pay, watch for details.**
AI Summary
Community Redevelopment Inc. filed an 8-K on January 4, 2024, reporting an event that occurred on December 28, 2023, related to changes in directors or officers and their compensation. The filing indicates that the company is based in Ewing, NJ, with a business phone number of (866) 692-6847. This matters to investors because changes in leadership and compensation arrangements can signal shifts in company strategy, financial health, or governance, potentially impacting future stock performance.
Why It Matters
Changes in executive leadership and compensation can directly influence a company's strategic direction and operational efficiency, which are critical factors for long-term shareholder value.
Risk Assessment
Risk Level: medium — The filing indicates changes in leadership and compensation, which can introduce uncertainty regarding future company direction and stability, warranting a medium risk assessment.
Analyst Insight
Investors should monitor subsequent filings or press releases from Community Redevelopment Inc. for specific details regarding the individuals involved in the leadership changes and the nature of the compensatory arrangements, as these specifics will determine the actual impact on the company.
Key Players & Entities
- Community Redevelopment Inc. (company) — the registrant filing the 8-K
- December 28, 2023 (date) — date of the earliest event reported
- January 4, 2024 (date) — date the 8-K was filed
- Oklahoma (company) — state of incorporation for Community Redevelopment Inc.
- 85-2629422 (dollar_amount) — IRS Employer No. for Community Redevelopment Inc.
- 820 Bear Tavern Rd #303 Ewing , NJ 08628 (company) — principal executive offices address
- (866) 692-6847 (dollar_amount) — registrant's telephone number
FAQ
What was the earliest event reported in this 8-K filing by Community Redevelopment Inc.?
The earliest event reported in this 8-K filing by Community Redevelopment Inc. occurred on December 28, 2023.
What specific items are covered in this 8-K filing for Community Redevelopment Inc.?
This 8-K filing covers 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' as per the Item Information section.
Where are Community Redevelopment Inc.'s principal executive offices located?
Community Redevelopment Inc.'s principal executive offices are located at 820 Bear Tavern Rd #303 Ewing, NJ 08628.
What is the telephone number for Community Redevelopment Inc. as listed in the filing?
The registrant's telephone number, including area code, is (866) 692-6847.
What is the state of incorporation for Community Redevelopment Inc.?
Community Redevelopment Inc. is incorporated in Oklahoma.
Filing Stats: 430 words · 2 min read · ~1 pages · Grade level 11.8 · Accepted 2024-01-04 13:35:02
Filing Documents
- community_i8k.htm (8-K) — 21KB
- 0001683168-24-000083.txt ( ) — 187KB
- cwnr-20231228.xsd (EX-101.SCH) — 3KB
- cwnr-20231228_lab.xml (EX-101.LAB) — 33KB
- cwnr-20231228_pre.xml (EX-101.PRE) — 22KB
- community_i8k_htm.xml (XML) — 3KB
02 – Departure of Directors or
ITEM 5.02 – Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers. On December 28 th , 2023, the Company appointed Mr. Phil Sands as President, joining the executive management. Mr. Sands is a seasoned veteran in the investment community, having served in positions such as CEO, Director and President of both publicly traded companies and private businesses. Mr. Sands, through his professional relationships within the investment community, has guided companies in raising millions of dollars in capital. Mr. Sands has an AS in English from Atlantic Union College, 1982; and a BS in Business Communications from Worcester College, 1984.
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. Dated: January 4 th , 2024 COMMUNITY REDEVELOPMENT CORP. By: /s/ Richard Balles Name: Richard Balles Title: Chief Executive Officer 2