secwatch / observer
8-K filed November 9, 2023, 6:59 PM ET ticker ADTX CIK 0001726711
debt confidence high sentiment negative materiality 0.70

Aditxt enters $2.1M loan at 49% interest; director resigns, new director appointed

Aditxt, Inc.

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Namvar Kiaie

Director
ADTX · Aditxt, Inc.
Effective
2023-11-03
Successor
Charles Athle Nelson
Filed
November 9, 2023, 6:59 PM ET
On November 3, 2023, Namvar Kiaie notified the board of directors (the “Board”) of the Company that he intends to resign as a member of the Board and as a member of the Company’s Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee effective November 3, 2023.
Appointed

Charles Athle Nelson

Director and Chair of Compensation Committee
ADTX · Aditxt, Inc.
Effective
2023-11-03
Filed
November 9, 2023, 6:59 PM ET
On November 3, 2023, the Board, with the recommendation of the Nominating and Corporate Governance Committee, appointed Mr. Charles Athle Nelson as a member of the Board and as a member of the Company’s Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee, to become effective on November 3, 2023 following the resignation of Mr. Kiaie.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Namvar Kiaie resigned as Director at Aditxt, Inc..

Action
resigned
Role
Director
Exact text from the filing
On November 3, 2023, Namvar Kiaie notified the board of directors (the “Board”) of the Company that he intends to resign as a member of the Board and as a member of the Company’s Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee effective November 3, 2023.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Charles Athle Nelson was appointed as Director and Chair of Compensation Committee at Aditxt, Inc..

Action
appointed
Role
Director and Chair of Compensation Committee
Exact text from the filing
On November 3, 2023, the Board, with the recommendation of the Nominating and Corporate Governance Committee, appointed Mr. Charles Athle Nelson as a member of the Board and as a member of the Company’s Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee, to become effective on November 3, 2023 following the resignation of Mr. Kiaie.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Aditxt, Inc. entered into Business Loan and Security Agreement with a commercial funding source (the "Lender") valued at principal amount of $2,100,000 (effective 2023-11-07).

Action
entry
Agreement
credit facility
Counterparty
a commercial funding source (the "Lender")
Value
principal amount of $2,100,000
Effective
2023-11-07
Exact text from the filing
On November 7, 2023, the Company entered into a Business Loan and Security Agreement (the “November Loan Agreement”) with the Lender, pursuant to which the Company obtained a loan from the Lender in the principal amount of $2,100,000
View on SEC.gov

283 material agreements filed in the last 30 days. Browse all material agreements →

Aditxt, Inc. filing history →

Source: SEC EDGAR
accession 0001213900-23-085248
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