---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-006659"
form_type: "8-K"
ticker: "AGPU"
cik: "0001446159"
company_name: "Axe Compute Inc."
filed_at: "2022-10-20T23:59:59+00:00"
generated_at: "2026-06-23T02:16:02.323772+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Predictive Oncology appoints Raymond Vennare as CEO and Chairman, replaces retiring J. Melville Engle

## Summary
- Raymond Vennare appointed CEO and Chairman effective Nov 1, 2022, succeeding J. Melville Engle retiring Oct 31.
- Annual base salary of $525,000; eligible for annual cash bonus up to 50% of salary.
- Award of 300,000 RSUs with performance-based vesting over three years (target).
- Severance: 12 months base salary plus prorated bonus if terminated without cause or resigns for good reason.
- Press release highlights Vennare's 30+ years in biotech and informatics.

## SEC filing metadata
- accession: 0001171843-22-006659
- form_type: 8-K
- ticker: AGPU
- cik: 0001446159
- company_name: Axe Compute Inc.
- filed_at: 2022-10-20T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1446159/000117184322006659/0001171843-22-006659-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1446159/000117184322006659/f8k_102022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-006659
- JSON: https://secwatch.observer/filing/0001171843-22-006659.json
- Plain text: https://secwatch.observer/filing/0001171843-22-006659.txt

## Key facts
- Executive change
  Raymond F. Vennare was appointed as Chief Executive Officer at Axe Compute Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: the Company appointed Raymond F. Vennare, age 70, to succeed Mr. Engle as Chief Executive Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1446159/000117184322006659/0001171843-22-006659-index.htm
- Executive change
  J. Melville Engle departed as Chief Executive Officer and Chairman at Axe Compute Inc..
  - Action: retiring
  - Role: Chief Executive Officer and Chairman
  source text: J. Melville Engle would be retiring as the Company’s Chief Executive Officer and as Chairman and a member of the Company’s board of directors, effective October 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1446159/000117184322006659/0001171843-22-006659-index.htm
- Executive change
  Raymond F. Vennare was appointed as Chairman of the Board at Axe Compute Inc..
  - Action: appointed
  - Role: Chairman of the Board
  source text: the Board of Directors of the Company appointed Raymond F. Vennare as Chairman of the Board, effective upon Mr. Engle’s retirement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1446159/000117184322006659/0001171843-22-006659-index.htm

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