secwatch.observer — SEC 8-K summary
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Issuer:     VivoSim Labs, INC. (VIVS)
CIK:        0001497253
Form:       8-K
Filed at:   2023-09-12T23:59:59+00:00
Accession:  0000950170-23-047720
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Organovo terminates General Counsel Tom Jurgensen; $345,000 severance
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- Tom Jurgensen, General Counsel and Corporate Secretary, terminated Aug 25, 2023 as part of reduction in force.
- Separation agreement effective Sept 15, 2023 provides $345,000 severance in three $115,000 installments.
- Covenants include release of claims, non-disparagement, cooperation for 12 months, and non-disclosure of business information.
- Jurgensen was notified Aug 16; employment ended Aug 25.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1497253/000095017023047720/0000950170-23-047720-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1497253/000095017023047720/onvo-20230907.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-047720

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer