8-K
filed January 29, 2024, 6:59 PM ET
CIK 0001437491
leadership
confidence high
sentiment negative
materiality 0.85
RiskOn CEO and CFO resign; Todd Ault appointed Chairman and CEO; White River distribution abandoned
RiskOn International, Inc.
- Randy May resigns as Chairman and CEO; Jay Puchir resigns as CFO effective Jan 29, 2024.
- Milton C. 'Todd' Ault appointed Chairman and CEO; Kayson Pulsipher appointed CFO with $250k base salary and $50k signing bonus.
- William Horne and Steve Smith join Board; Joseph Spaziano COO; Douglas Gintz CTO.
- Company abandons planned distribution of White River Energy shares due to regulatory reasons; enters Transfer Agreement to attempt alternative transfer.
- New CEO Ault and other officers initially uncompensated; Pulsipher employment includes clawback provisions.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Randy May resigned as Chairman of the Board of Directors at RiskOn International, Inc..
- Action
- resigned
- Role
- Chairman of the Board of Directors
Exact text from the filing
the Company, accepted the resignations of (i) Randy May, its former Chairman of the Board of Directors (the “ Board ”) in such capacity, and as the Company’s Chief Executive Officer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Milton C. Ault was appointed as Chief Executive Officer at RiskOn International, Inc..
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
On the Effective Date, the Company appointed Mr. Ault as its Chairman of the Board as well as its Chief Executive Officer.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jay Puchir resigned as Chief Financial Officer at RiskOn International, Inc..
- Action
- resigned
- Role
- Chief Financial Officer
Exact text from the filing
and (ii) Jay Puchir, its former Chief Financial Officer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Milton C. Ault was appointed as Chairman of the Board at RiskOn International, Inc..
- Action
- appointed
- Role
- Chairman of the Board
Exact text from the filing
On the Effective Date, the Company appointed Mr. Ault as its Chairman of the Board as well as its Chief Executive Officer.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Randy May resigned as Chief Executive Officer at RiskOn International, Inc..
- Action
- resigned
- Role
- Chief Executive Officer
Exact text from the filing
the Company, accepted the resignations of (i) Randy May, its former Chairman of the Board of Directors (the “ Board ”) in such capacity, and as the Company’s Chief Executive Officer
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.