New Concept Energy Board & Executive Changes

Ticker: GBR · Form: 8-K · Filed: 2024-08-27T00:00:00.000Z

Sentiment: neutral

Topics: governance, executive-compensation, board-changes

TL;DR

Board shakeup and pay adjustments at New Concept Energy.

AI Summary

New Concept Energy, Inc. announced on August 15, 2024, a change in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and directors, the election of new directors, and adjustments to compensatory arrangements for key executives.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance expectations.

Risk Assessment

Risk Level: medium — Changes in leadership and compensation can introduce uncertainty and potential strategic shifts.

Key Players & Entities

FAQ

What specific roles have been affected by the director and officer changes?

The filing indicates changes related to the departure of certain officers and directors, and the election of new directors, but does not specify the exact roles affected in this excerpt.

When was the earliest event reported in this 8-K filing?

The earliest event reported was on August 15, 2024.

What is the state of incorporation for New Concept Energy, Inc.?

New Concept Energy, Inc. is incorporated in Nevada.

What is the IRS Employer Identification Number for New Concept Energy, Inc.?

The IRS Employer Identification Number for New Concept Energy, Inc. is 75-2399477.

What are the main items reported in this 8-K filing?

This 8-K filing reports on the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.

Filing Stats: 567 words · 2 min read · ~2 pages · Grade level 10.2 · Accepted 2024-08-27 06:01:41

Key Financial Figures

Filing Documents

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned, hereunto duly authorized. Dated: August 26, 2024 NEW CONCEPT ENERGY, INC. By: /s/Gene S. Bertcher Gene S. Bertcher, President and Chief Executive and Financial Officer

View on Read The Filing