secwatch.observer — SEC 8-K summary
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Issuer:     EVERSPIN TECHNOLOGIES INC. (MRAM)
CIK:        0001438423
Form:       8-K
Filed at:   2024-07-18T23:59:59+00:00
Accession:  0001104659-24-080830
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Everspin CFO Anuj Aggarwal resigns; Matthew Tenorio appointed interim CFO
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- Anuj Aggarwal resigns as CFO effective July 26, 2024 to pursue another opportunity; no disagreement with company.
- Matthew Tenorio appointed interim CFO effective July 18, 2024; previously served as corporate controller and interim CFO in 2020.
- Tenorio receives $275K base salary, 35% target bonus, and 15,000 RSUs (subject to board approval).
- Company reiterates Q2 2024 guidance remains in line with the outlook provided on May 1, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1438423/000110465924080830/0001104659-24-080830-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1438423/000110465924080830/tm2419751d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-080830

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