secwatch.observer — SEC 8-K summary
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Issuer:     Rafael Holdings, Inc. (RFL)
CIK:        0001713863
Form:       8-K
Filed at:   2025-07-18T23:59:59+00:00
Accession:  0001213900-25-065353
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rafael Holdings elects N. Scott Fine as ex-officio director; Cyclo CEO departs with $852K severance
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- N. Scott Fine elected as ex-officio (non-voting) director of Rafael Holdings.
- Fine resigned as CEO of Cyclo Therapeutics (subsidiary), effective July 31, 2025.
- Severance payment of $852,168 in 36 semi-monthly installments plus continued equity vesting.
- Board amended bylaws to authorize ex-officio directors and vice chairman officer position.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1713863/000121390025065353/0001213900-25-065353-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1713863/000121390025065353/ea0249478-8k_rafael.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-065353

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer