other material
confidence high
sentiment neutral
materiality 0.50
NanoViricides extends President Diwan ($400k, 10k Series A shares) and CFO Vyas through June 2025
NANOVIRICIDES, INC.
- President Anil Diwan's employment extended to June 30, 2025 at $400,000 base salary.
- Diwan receives 10,204 Series A Preferred shares, vesting quarterly over the one-year term.
- CFO Meeta Vyas extended on same general terms; new health insurance reimbursement up to $2,500/month.
- Diwan eligible for six months' severance if terminated without cause, plus continued benefits.