---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-158310"
form_type: "8-K"
ticker: "QMCO"
cik: "0000709283"
company_name: "QUANTUM CORP /DE/"
filed_at: "2024-06-10T23:59:59+00:00"
generated_at: "2026-06-01T05:25:09.896682+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Quantum appoints Todd Arden as director; Nasdaq grants extension on bid price and filing deadlines

## Summary
- Todd W. Arden appointed as director effective June 6, 2024; receives $15K/month cash retainer.
- Arden to resign within 2 business days after Blue Torch Takeout Date per credit agreement.
- Nasdaq hearings panel grants relief: minimum bid price must be met by Sept 16, 2024.
- Quarterly Reports on Form 10-Q for Sep and Dec 2023 must be filed by July 1, 2024.

## SEC filing metadata
- accession: 0001193125-24-158310
- form_type: 8-K
- ticker: QMCO
- cik: 0000709283
- company_name: QUANTUM CORP /DE/
- filed_at: 2024-06-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/709283/000119312524158310/0001193125-24-158310-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/709283/000119312524158310/d850362d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-158310
- JSON: https://secwatch.observer/filing/0001193125-24-158310.json
- Plain text: https://secwatch.observer/filing/0001193125-24-158310.txt

## Key facts
- Executive change
  Todd W. Arden was appointed as director at QUANTUM CORP /DE/.
  - Action: appointed
  - Role: director
  source text: On June 6, 2024, the Board of Directors (the “Board”) of Quantum Corporation (the “Company”), on the recommendation of the Corporate Governance and Nominating Committee of the Board, unanimously appointed Todd W. Arden as a director, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/709283/000119312524158310/0001193125-24-158310-index.htm

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