---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-032224"
form_type: "8-K"
ticker: "EMMA"
cik: "0000822370"
company_name: "Emmaus Life Sciences, Inc."
filed_at: "2022-06-10T23:59:59+00:00"
generated_at: "2026-06-25T02:58:42.197849+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Three Emmaus directors resign after dispute with CEO over financial oversight and cost cuts

## Summary
- Lori Teranishi, Alfred Lui, and Jane Pine Wood resigned June 8, 2022, at CEO Yutaka Niihara's request.
- Directors stated resignations followed their repeated requests for financial information and business plans.
- CEO takes voluntary 30% salary reduction for three months; other senior management take 10% cuts.
- Non-essential spending cut, including suspension of EJ Holdings facility retrofitting in Ube, Japan.
- Company expects positive operating income later this year via increased Endari sales in U.S. and UAE/GCC.

## SEC filing metadata
- accession: 0001213900-22-032224
- form_type: 8-K
- ticker: EMMA
- cik: 0000822370
- company_name: Emmaus Life Sciences, Inc.
- filed_at: 2022-06-10T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/822370/000121390022032224/0001213900-22-032224-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/822370/000121390022032224/ea161387-8k_emmauslife.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-032224
- JSON: https://secwatch.observer/filing/0001213900-22-032224.json
- Plain text: https://secwatch.observer/filing/0001213900-22-032224.txt

## Key facts
- Executive change
  Lori Teranishi resigned as Director at Emmaus Life Sciences, Inc..
  - Action: resigned
  - Role: Director
  source text: By letter dated June 8, 2022, Lori Teranishi, Alfred Lui, M.D., and Jane Pine Wood graciously tendered their resignation as directors of Emmaus Life Sciences, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/822370/000121390022032224/0001213900-22-032224-index.htm
- Executive change
  Alfred Lui resigned as Director at Emmaus Life Sciences, Inc..
  - Action: resigned
  - Role: Director
  source text: By letter dated June 8, 2022, Lori Teranishi, Alfred Lui, M.D., and Jane Pine Wood graciously tendered their resignation as directors of Emmaus Life Sciences, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/822370/000121390022032224/0001213900-22-032224-index.htm
- Executive change
  Jane Pine Wood resigned as Director at Emmaus Life Sciences, Inc..
  - Action: resigned
  - Role: Director
  source text: By letter dated June 8, 2022, Lori Teranishi, Alfred Lui, M.D., and Jane Pine Wood graciously tendered their resignation as directors of Emmaus Life Sciences, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/822370/000121390022032224/0001213900-22-032224-index.htm

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