secwatch.observer — SEC 8-K summary
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Issuer:     NANOVIRICIDES, INC. (NNVC)
CIK:        0001379006
Form:       8-K
Filed at:   2024-08-09T23:59:59+00:00
Accession:  0001104659-24-087828
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

NanoViricides extends President Diwan ($400k, 10k Series A shares) and CFO Vyas through June 2025
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1379006/000110465924087828/0001104659-24-087828-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1379006/000110465924087828/tm2421305d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-087828

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