home · filing · 0000950170-25-042190
8-K filed March 20, 2025, 7:59 PM ET
ticker IRIX
CIK 0001006045
other material
confidence high
sentiment neutral
materiality 0.75
IRIDEX raises $10M via preferred stock and convertible note; repays Lind debt; new CFO and directors
IRIDEX CORP
Issued 600K Series B Preferred at $10/sh (convertible into 3M common) and $4M 12% convertible note to Novel Inspiration.
Repaid Lind Global $3.33M, terminating Lind convertible note; remaining proceeds for general corporate purposes.
Board appointed William Moore and Nick Chen as directors (Novel nominees) effective upon closing.
Romeo Dizon appointed CFO (replacing Fuad Ahmad); $300K base salary and change-in-control severance.
Novel receives registration rights, two board seats, and veto power over specified corporate actions.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Departed
Fuad Ahmad
Chief Financial Officer
Effective 2025-03-16
Successor Romeo Dizon
Filed March 20, 2025, 7:59 PM ET
Romeo Dizon was appointed by the Company’s Board as its Chief Financial Officer, to replace Fuad Ahmad effective as of the Closing
Appointed
William Moore
Director
Effective 2025-03-16
Filed March 20, 2025, 7:59 PM ET
the Company’s board of directors (the “Board”) appointed William Moore and Nick Chen as members of the Board, effective as of the Closing
Appointed
Nick Chen
Director
Effective 2025-03-16
Filed March 20, 2025, 7:59 PM ET
the Company’s board of directors (the “Board”) appointed William Moore and Nick Chen as members of the Board, effective as of the Closing
Appointed
Romeo Dizon
Chief Financial Officer
Effective 2025-03-16
Filed March 20, 2025, 7:59 PM ET
Romeo Dizon was appointed by the Company’s Board as its Chief Financial Officer, to replace Fuad Ahmad effective as of the Closing
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.9
Fuad Ahmad departed as Chief Financial Officer at IRIDEX CORP.
Action replaced
Role Chief Financial Officer
Exact text from the filing
Romeo Dizon was appointed by the Company’s Board as its Chief Financial Officer, to replace Fuad Ahmad effective as of the Closing
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
William Moore was appointed as Director at IRIDEX CORP.
Action appointed
Role Director
Exact text from the filing
the Company’s board of directors (the “Board”) appointed William Moore and Nick Chen as members of the Board, effective as of the Closing
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Nick Chen was appointed as Director at IRIDEX CORP.
Action appointed
Role Director
Exact text from the filing
the Company’s board of directors (the “Board”) appointed William Moore and Nick Chen as members of the Board, effective as of the Closing
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Romeo Dizon was appointed as Chief Financial Officer at IRIDEX CORP.
Action appointed
Role Chief Financial Officer
Exact text from the filing
Romeo Dizon was appointed by the Company’s Board as its Chief Financial Officer, to replace Fuad Ahmad effective as of the Closing
View on SEC.gov
Source: SEC EDGAR
accession 0000950170-25-042190
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