---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-024787"
form_type: "8-K"
ticker: null
cik: "0001729750"
company_name: "Kubient, Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T11:52:47.249067+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Kubient cuts workforce 50%, terminates CTO, explores business wind-down

## Summary
- Reduced workforce by ~50% (2 employees) as part of potential wind-down of business (Item 2.05).
- CTO Mitchell Berg terminated without cause; receives $150,000 severance (6 months base salary) plus COBRA subsidy.
- Restructuring charges for severance and benefits expected, but amounts redacted in filing.
- Reduction intended to lower operating costs as company considers winding down operations.

## SEC filing metadata
- accession: 0001140361-24-024787
- form_type: 8-K
- cik: 0001729750
- company_name: Kubient, Inc.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.05, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1729750/000114036124024787/0001140361-24-024787-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1729750/000114036124024787/ef20028650_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-024787
- JSON: https://secwatch.observer/filing/0001140361-24-024787.json
- Plain text: https://secwatch.observer/filing/0001140361-24-024787.txt

## Key facts
- Executive change
  Mitchell Berg departed as Chief Technology Officer at Kubient, Inc..
  - Action: terminated without cause
  - Role: Chief Technology Officer
  source text: On May 3, 2024 (the “Separation Date”), as part of the reduction in workforce plan described above in Item 2.05, the Company terminated the employment of Mitchell Berg as Chief Technology Officer of the Company without cause.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1729750/000114036124024787/0001140361-24-024787-index.htm
- Restructurings & Charges
  Kubient, Inc. announced a restructuring with charges of approximately $[●] (approximately 50% reduction in the Company’s workforce, or two people).
  - Type: restructuring
  - Charge: approximately $[●]
  - Headcount: approximately 50% reduction in the Company’s workforce, or two people
  source text: On May 3, 2024, Kubient, Inc. (the “Company”) implemented an approximately 50% reduction in the Company’s workforce, or two people.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1729750/000114036124024787/0001140361-24-024787-index.htm

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