secwatch.observer — SEC 8-K summary
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Issuer:     NOCOPI TECHNOLOGIES INC/MD/ (NNUP)
CIK:        0000888981
Form:       8-K
Filed at:   2022-09-30T23:59:59+00:00
Accession:  0001079973-22-001239
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nocopi appoints Winger as EVP, amends standstill with MSL18 raising threshold to 40%
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- Matthew Winger named EVP of Corporate Development effective Oct 1, 2022; base salary $125K/yr plus discretionary comp.
- Second Amendment extends deadline for MSL18 to appoint additional board designee to Oct 7, 2022.
- Amendment exempts Winger from board independence requirements due to his employment at the company.
- Ownership threshold under standstill agreement increased from 35% to 40% for MSL18 Holdings Group.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/888981/000107997322001239/0001079973-22-001239-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/888981/000107997322001239/nnup_8k-157.htm
  HTML page:      https://secwatch.observer/filing/0001079973-22-001239

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