secwatch.observer — SEC 8-K summary
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Issuer:     MetaVia Inc. (MTVA)
CIK:        0001638287
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001104659-21-134050
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NeuroBo appoints Gil Price as CEO; Richard Kang resigns with $150k severance
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- CEO Richard Kang resigned Nov 3, 2021; remains on Board and will consult for up to one year at $10,000/month.
- Kang receives $150,000 severance, $130,680 prorated 2021 bonus, and up to 12 months COBRA reimbursement.
- Gil Price appointed CEO, President, Principal Executive and Financial Officer; base salary $400,000, target bonus 50%.
- Board adopted 2021 Inducement Plan, reserving 1,000,000 shares for equity grants to new hires without stockholder approval.
- Price granted inducement option for 616,666 shares at $2.04 (closing price Nov 3, 2021); vests over two years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1638287/000110465921134050/0001104659-21-134050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1638287/000110465921134050/tm2131812d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-134050

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