secwatch.observer — SEC 8-K summary
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Issuer:     Aeva Technologies, Inc. (AEVA)
CIK:        0001789029
Form:       8-K
Filed at:   2022-09-30T23:59:59+00:00
Accession:  0001140361-22-035468
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aeva appoints three new directors, enters standstill with Sylebra Capital
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- Board expanded to nine; Erin Polek (Qualcomm CAO), Stephen Zadesky (ex-Apple VP), Christopher Eberle (Sylebra) join effective Nov 11, 2022.
- Sylebra Letter Agreement: Eberle appointed as Class III director; Sylebra subject to standstill with ownership cap of 15% of outstanding shares.
- If Sylebra group ownership falls below 9%, the Company may request Eberle's resignation; he must resign within five business days.
- New director compensation plan adopted: $50,000 annual cash retainer, $10,000 per committee, and $150,000 annual RSU grant vesting over one year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1789029/000114036122035468/0001140361-22-035468-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1789029/000114036122035468/ny20005426x2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-035468

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