leadership
confidence high
sentiment neutral
materiality 0.75
SpringBig appoints Jaret Christopher as CEO, acquires VICE CRM for 2.38M shares
SpringBig Holdings, Inc.
- Jaret Christopher appointed CEO effective April 1, 2025; Jeffrey Harris steps down on March 31.
- Base salary $450K, annual bonus target 50% of base; receives 4,766,251 RSAs vesting 4 yrs and 8,125,000 milestone-based RSUs with price targets from $1 to $4.
- Company to acquire VICE CRM LLC, an AI-enabled marketing platform, for 2,383,126 common shares; half at closing, half after 12 months service.
- Acquisition subject to due diligence and execution of definitive purchase agreement by June 12, 2025.