{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-166013","form_type":"8-K","ticker":"LITS","cik":"0001262104","company_name":"Lite Strategy, Inc.","filed_at":"2023-06-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.219004+00:00","generated_at":"2026-06-14T01:51:40.918320+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"MEI Pharma Appoints Jay File as EVP Finance, to Become CFO; Brian Drazba to Depart","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-166013","json":"https://secwatch.observer/filing/0001193125-23-166013.json","markdown":"https://secwatch.observer/filing/0001193125-23-166013.md","text":"https://secwatch.observer/filing/0001193125-23-166013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1262104/000119312523166013/0001193125-23-166013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1262104/000119312523166013/d516259d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T01:51:40.918320+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9cb9f4a7b8","claim":"Brian Drazba was terminated as Chief Financial Officer at Lite Strategy, Inc..","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1262104/000119312523166013/0001193125-23-166013-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"terminated"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"cdedcb9e42","claim":"Jay File was appointed as Executive Vice President of Finance at Lite Strategy, Inc..","evidence_excerpt":"appointed Jay File to be Executive Vice President of Finance (“EVP Finance”) of the Company, effective as of June 12, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1262104/000119312523166013/0001193125-23-166013-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Vice President of Finance"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}