other material
confidence high
sentiment neutral
materiality 0.20
FinWise director repays $143K note; board appoints Hutchings to audit committee, curing Nasdaq deficiency
Finwise Bancorp
- Director Alan Weichselbaum repaid $143,410 principal plus $2,232 interest on June 1, 2022 note, terminating the note and security agreement.
- Board appointed existing independent director Jeana Hutchings to the Audit Committee on October 17, 2022.
- Appointment cured non-compliance with Nasdaq Listing Rule 5605 previously disclosed on October 6, 2022.