XpresSpa receives Nasdaq delisting notice for bid price below $1; CFO James Berry departs

XWELL, Inc.

Nasdaq notified XpresSpa that its stock closed below $1.00 for 30 consecutive business days; company has 180 days to regain compliance by Dec 5, 2022.
Company may consider a reverse stock split if needed to meet the minimum bid price requirement.
James Berry separated as CFO effective June 13, 2022; Omar Haynes appointed Interim CFO.
Haynes previously served as VP of Treasury & Finance; search for permanent CFO underway.
Stock continues trading on Nasdaq under symbol XSPA pending compliance.

item 3.01 item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed (interim)

Omar A. Haynes

Interim Chief Financial Officer

XWEL · XWELL, Inc.

Effective: 2022-06-13
Filed: June 14, 2022, 7:59 PM ET

the Board had appointed Omar A. Haynes as Interim Chief Financial Officer of the Company, which became effective on June 13, 2022.

Departed

James A. Berry

Chief Financial Officer

XWEL · XWELL, Inc.

Effective: 2022-06-13
Successor: Omar A. Haynes
Filed: June 14, 2022, 7:59 PM ET

the Company announced the separation of service with the Company of James A. Berry, the Chief Financial Officer, effective June 13, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Omar A. Haynes was appointed as Interim Chief Financial Officer at XWELL, Inc..

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

the Board had appointed Omar A. Haynes as Interim Chief Financial Officer of the Company, which became effective on June 13, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

James A. Berry departed as Chief Financial Officer at XWELL, Inc..

Action: separated
Role: Chief Financial Officer

Exact text from the filing

the Company announced the separation of service with the Company of James A. Berry, the Chief Financial Officer, effective June 13, 2022.

View on SEC.gov

XWELL, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-22-071022

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