leadership
confidence high
sentiment neutral
materiality 0.60
ENDRA Life Sciences CTO Resigns, Enters Consulting Agreement; CFO Services Formalized
ENDRA Life Sciences Inc.
- Michael Thornton resigned as CTO effective Nov 28, 2025; entered Consulting Agreement at $150/hr (first 5 hrs/week) then $100/hr.
- Richard Jacroux continues as CFO via Impact Solve LLC; initial monthly fee $8,650 increasing to $10,800 from Jan 1, 2026.
- Thornton's outstanding Options and RSUs remain outstanding and continue to vest during the consulting term.
- Impact Solve Advisory Services Agreement replaces prior services agreement for CFO duties.