---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-21-033642"
form_type: "8-K"
ticker: "JANL"
cik: "0001133062"
company_name: "JANEL CORP"
filed_at: "2021-10-05T23:59:59+00:00"
generated_at: "2026-06-28T22:50:33.039001+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Janel Corp raises $600K via Series C preferred to related party; appoints new director

## Summary
- Sold 1,200 shares of Series C Cumulative Preferred at $500/share to Oaxaca Group LLC for $600,000 total.
- Oaxaca Group LLC, which owns 47.51% of Janel's common stock, is an accredited investor; proceeds for working capital.
- Appointed Karen Miller Ryan (Karen Padgett) to the Board, effective Oct 1, 2021; she will join Audit, Compensation, and Nominating committees.
- Authorized Series C Preferred shares increased from 20,000 to 30,000 to accommodate the issuance.

## SEC filing metadata
- accession: 0001140361-21-033642
- form_type: 8-K
- ticker: JANL
- cik: 0001133062
- company_name: JANEL CORP
- filed_at: 2021-10-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1133062/000114036121033642/0001140361-21-033642-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1133062/000114036121033642/brhc10029609_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-21-033642
- JSON: https://secwatch.observer/filing/0001140361-21-033642.json
- Plain text: https://secwatch.observer/filing/0001140361-21-033642.txt

## Key facts
- Executive change
  Karen Miller Ryan was appointed as Director at JANEL CORP.
  - Action: appointed
  - Role: Director
  source text: On October 1, 2021, the Board of the Company, upon the recommendation of its Nominating and Corporate Governance Committee, appointed Karen Miller Ryan, also known professionally as Karen Padgett, to the Board of Directors of the Company, effective October 1, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1133062/000114036121033642/0001140361-21-033642-index.htm

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