Astrotech Corp Files 8-K/A Amendment
Ticker: ASTC · Form: 8-K/A · Filed: Jan 24, 2025 · CIK: 1001907
Sentiment: neutral
Topics: amendment, corporate-governance, executive-compensation
Related Tickers: ASTC
TL;DR
ASTC filed an 8-K/A amendment on Jan 24, updating leadership and compensation details from Jan 7.
AI Summary
Astrotech Corporation filed an amendment (8-K/A) on January 24, 2025, to a report originally dated January 7, 2025. The amendment pertains to the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements for certain officers. It also includes Regulation FD Disclosure and Financial Statements and Exhibits.
Why It Matters
This amendment provides updated information regarding changes in the company's leadership and executive compensation, which can impact investor confidence and strategic direction.
Risk Assessment
Risk Level: low — The filing is an amendment to a previous report and primarily concerns corporate governance and executive matters, not immediate financial distress or major operational changes.
Key Players & Entities
- ASTROTECH Corp (company) — Registrant
- January 7, 2025 (date) — Earliest event reported date
- January 24, 2025 (date) — Filing date of the amendment
- Delaware (location) — State of Incorporation
- 001-34426 (other) — SEC File Number
FAQ
What is the primary purpose of this 8-K/A filing?
The 8-K/A filing is an amendment to a previous report and concerns the departure of directors or certain officers, election of directors, appointment of certain officers, compensatory arrangements of certain officers, Regulation FD Disclosure, and Financial Statements and Exhibits.
What was the original report date that this amendment refers to?
The earliest event reported date for the original filing was January 7, 2025.
When was this amendment filed with the SEC?
This amendment (8-K/A) was filed on January 24, 2025.
What is Astrotech Corporation's state of incorporation?
Astrotech Corporation is incorporated in Delaware.
What is the SEC file number for Astrotech Corporation?
The SEC file number for Astrotech Corporation is 001-34426.
Filing Stats: 1,528 words · 6 min read · ~5 pages · Grade level 11.2 · Accepted 2025-01-24 16:30:40
Key Financial Figures
- $0.001 — ge on which registered Common Stock , $0.001 par value per share ASTC NASDAQ Stoc
- $175 — for cash compensation in the amount of $175/hour, payable every two weeks on an as
- $21,000 — thly cash compensation in the amount of $21,000 in exchange for a minimum 80 hours per
- $147,000 — hich With Finance Team LLC has received $147,000 in aggregate consulting fees from the C
Filing Documents
- astc20250122_8ka.htm (8-K/A) — 39KB
- ex_769150.htm (EX-10.1) — 118KB
- ex_769151.htm (EX-10.3) — 112KB
- ex_768918.htm (EX-99.1) — 9KB
- astc20250122_8kaimg001.jpg (GRAPHIC) — 5KB
- smlogo01.jpg (GRAPHIC) — 8KB
- 0001437749-25-001818.txt ( ) — 488KB
- astc-20250107.xsd (EX-101.SCH) — 3KB
- astc-20250107_def.xml (EX-101.DEF) — 12KB
- astc-20250107_lab.xml (EX-101.LAB) — 15KB
- astc-20250107_pre.xml (EX-101.PRE) — 12KB
- astc20250122_8ka_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On January 24, 2025, the Company issued a press release announcing the new compensation and services arrangement with Mr. Hinojosa, and the appointment of and compensation and services arrangement with Ryan Polk as the interim Chief Financial Officer, Treasurer and Secretary, effective February 14, 2025. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K/A. The information set forth under Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of such section. The information in Item 7.01 of this Current Report, including Exhibit 99.1, shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any incorporation by reference language in any such filing, except as expressly set forth by specific reference in such a filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1* Independent Contractor Agreement by and between the Company and Jaime Hinojosa, dated January 21, 2025. 10.2 Form of Amended and Restated Indemnification Agreement (incorporated by reference to Exhibit 10.1 of the Registrant's Current Report on Form 8-K filed with the Securities and Exchange Commission on December 19, 2024). 10.3* Independent Contractor Agreement by and between the Company and Ryan Polk, dated January 22, 2025. 99.1 Press Release of Astrotech Corporation, dated January 24, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). * Certain portions of this exhibit have been redacted pursuant to Item 601(a)(6) of Regulation S-K. The Company will provide a copy of such omitted materials to the Securities and Exchange Commission or its staff upon request.
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. Astrotech Corporation By: /s/ Thomas B. Pickens III Name: Thomas B. Pickens III Chief Executive Officer, Chief Technology Officer and Chairman of the Board Date: January 24, 2025