MEI Pharma Appoints Jay File as EVP Finance, to Become CFO; Brian Drazba to Depart

Lite Strategy, Inc.

Jay File appointed EVP Finance effective June 12, 2023, with base salary $450,000 and target bonus 40%.
Brian Drazba's tenure as CFO will end no later than September 1, 2023, due to merger with Infinity Pharmaceuticals.
File received an inducement stock option for 53,302 shares at $7.35 per share, with additional grant contingent on merger closing.
Board approved amended inducement plan authorizing 92,000 additional shares for equity grants.
File previously served as CFO of Evofem Biosciences from 2015 to 2023.

item 5.02 item 9.01

Executive movements

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Departed

Brian Drazba

Chief Financial Officer

LITS · Lite Strategy, Inc.

Successor: Jay File
Filed: June 13, 2023, 7:59 PM ET

Brian Drazba’s employment as the CFO of the Company will terminate as of the closing date of the Merger, and in any event no later than September 1, 2023.

Appointed

Jay File

Executive Vice President of Finance

LITS · Lite Strategy, Inc.

Effective: 2023-06-12
Filed: June 13, 2023, 7:59 PM ET

appointed Jay File to be Executive Vice President of Finance (“EVP Finance”) of the Company, effective as of June 12, 2023

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Brian Drazba was terminated as Chief Financial Officer at Lite Strategy, Inc..

Action: terminated
Role: Chief Financial Officer

Exact text from the filing

Brian Drazba’s employment as the CFO of the Company will terminate as of the closing date of the Merger, and in any event no later than September 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jay File was appointed as Executive Vice President of Finance at Lite Strategy, Inc..

Action: appointed
Role: Executive Vice President of Finance

Exact text from the filing

appointed Jay File to be Executive Vice President of Finance (“EVP Finance”) of the Company, effective as of June 12, 2023

View on SEC.gov

Lite Strategy, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-166013

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