AMYRIS, INC.: Nasdaq/NYSE listing notice — Amyris CEO John Melo departs; interim CEO appointed; global workforce reduction; regains Nasdaq compliance

AMYRIS, INC.

CEO John Melo resigned effective June 26, 2023; employment ends June 30; receives 24 months base salary and COBRA.
CFO Han Kieftenbeld appointed Interim CEO; gets additional $40k/month cash comp and $250k bonus upon successor CEO hire.
Global reduction in force announced as part of strategic transformation and cost reduction initiatives (headcount not disclosed).
Nasdaq compliance regained: closing bid price above $1 for 10 consecutive business days; deficiency matter closed.

item 3.01 item 5.02 item 8.01

Executive movements

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Departed

John Melo

President & Chief Executive Officer

AMYRIS, INC.

Effective: 2023-06-26
Successor: Han Kieftenbeld
Filed: June 26, 2023, 7:59 PM ET

Mr. Melo resigned from his role as the Company’s President & CEO and as a director of the Board effective June 26, 2023

Appointed (interim)

Han Kieftenbeld

Interim Chief Executive Officer

AMYRIS, INC.

Effective: 2023-06-26
Filed: June 26, 2023, 7:59 PM ET

Effective as of June 26, 2023, the Board appointed Han Kieftenbeld as the Company’s Interim Chief Executive Officer.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

AMYRIS, INC. received a nasdaq compliance regained notice regarding minimum bid price (rules 5450(a)(1)).

Exchange: nasdaq
Notice: compliance regained
Deficiency: minimum bid price
Rules: 5450(a)(1)

Exact text from the filing

June 23, 2023, the Company received a letter from the Staff stating that because the Company’s common stock had a closing bid price at or above $1.00 per share for the last 10 consecutive business days, the Company had regained compliance with the Minimum Bid Price Requirement for continued listing on The Nasdaq Global Select Market and that the matter is now closed.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

John Melo resigned as President & Chief Executive Officer at AMYRIS, INC..

Action: resigned
Role: President & Chief Executive Officer

Exact text from the filing

Mr. Melo resigned from his role as the Company’s President & CEO and as a director of the Board effective June 26, 2023

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Han Kieftenbeld was appointed as Interim Chief Executive Officer at AMYRIS, INC..

Action: appointed
Role: Interim Chief Executive Officer

Exact text from the filing

Effective as of June 26, 2023, the Board appointed Han Kieftenbeld as the Company’s Interim Chief Executive Officer.

View on SEC.gov

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Source: SEC EDGAR

accession 0001365916-23-000075

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