---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-107752"
form_type: "8-K"
ticker: "NNVC"
cik: "0001379006"
company_name: "NANOVIRICIDES, INC."
filed_at: "2022-10-11T23:59:59+00:00"
generated_at: "2026-06-23T04:19:23.256010+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# NanoViricides extends President Diwan's employment to June 2023 at $400K salary, 10,204 Series A preferred shares

## Summary
- Employment extended through June 30, 2023; annual base salary of $400,000.
- Grant of 10,204 Series A Convertible Preferred shares, vesting quarterly over one year.
- Series A Preferred has 9 votes per share and converts into 3.5 common shares only upon change of control; non-transferable.
- Company to maintain $2M term life insurance policy on Diwan, with $1M assigned to the company.

## SEC filing metadata
- accession: 0001104659-22-107752
- form_type: 8-K
- ticker: NNVC
- cik: 0001379006
- company_name: NANOVIRICIDES, INC.
- filed_at: 2022-10-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1379006/000110465922107752/0001104659-22-107752-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1379006/000110465922107752/tm2227959d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-107752
- JSON: https://secwatch.observer/filing/0001104659-22-107752.json
- Plain text: https://secwatch.observer/filing/0001104659-22-107752.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.