8-K
filed June 7, 2023, 7:59 PM ET
CIK 0001671818
other material
confidence high
sentiment negative
materiality 0.95
Oncorus board approves dissolution plan, appoints Interim CEO and President
Oncorus, Inc.
- Board approved Plan of Liquidation and Dissolution; special stockholder meeting to seek approval.
- Brian Shea appointed Interim CEO and President; eligible for retention bonus of six months' base salary.
- Ted Ashburn appointed Chairman, replacing Mitchell Finer; director Luke Evnin resigned from board.
- Company warns trading in ONCR stock is highly speculative; stockholders may realize little value.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Brian Shea was appointed as Interim Chief Executive Officer and President at Oncorus, Inc..
- Action
- appointed
- Role
- Interim Chief Executive Officer and President
Exact text from the filing
the Board appointed Brian Shea, age 35, the Company's General Counsel and Secretary, as the Company's Interim Chief Executive Officer and President.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Mitchell Finer changed role as Chairman of the Board at Oncorus, Inc..
- Action
- stepped down
- Role
- Chairman of the Board
Exact text from the filing
The Company thanks Dr. Finer for his years of service as Chairman and previously as Executive Chairman.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Luke Evnin resigned as Director at Oncorus, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
Luke Evnin, Ph.D. notified the Company of his resignation from the Board as well as the Compensation Committee and Nominating and Corporate Governance Committee of the Board, effective immediately.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Theodore Ashburn was appointed as Chairman of the Board at Oncorus, Inc..
- Action
- appointed
- Role
- Chairman of the Board
Exact text from the filing
the Board approved the appointment of Theodore (Ted) Ashburn, M.D., Ph.D. as Chairman of the Board, to replace Mitchell Finer, Ph.D.
View on SEC.gov
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