secwatch.observer — SEC 8-K summary
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Issuer:     Edgio, Inc. (—)
CIK:        0001391127
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001193125-24-195964
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Edgio appoints Eugene I. Davis to board, Chairman of Transaction Committee, $40K/month
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- Board increased from 4 to 5 directors; vacancy filled by Class II director Eugene I. Davis.
- Davis serves as Chairman of a new Transaction Committee; receives $40,000/month fixed cash fee.
- Davis has over 40 years of restructuring, M&A, and strategic advisory experience across 250+ companies.
- Term set at minimum 6 months; may end by death, mutual agreement, shareholder vote, or board request.
- Davis also serves on boards of Fossil Group and previously several other public companies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1391127/000119312524195964/0001193125-24-195964-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1391127/000119312524195964/d855182d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-195964

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