SPAR Group appoints two independent directors, regains Nasdaq compliance

SPAR Group, Inc.

Michael Wager and Sean M. Whelan appointed to Board and Audit Committee effective Oct. 14, 2021.
Board now has six independent directors out of eight, meeting Nasdaq majority independence rule.
Nasdaq confirmed compliance on Oct. 20, 2021 after prior deficiency from simultaneous director resignations.
Audit Committee now has three independent members; Whelan designated audit committee financial expert.
Appointments complete the plan submitted July 2, 2021 to remedy compliance by Oct. 15, 2021 deadline.

item 5.02 item 8.01 item 9.01

Executive movements

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Appointed

Sean M. Whelan

Director

SGRP · SPAR Group, Inc.

Effective: 2021-10-14
Filed: October 20, 2021, 7:59 PM ET

On October 12, 2021, as recommended by SGRP's Governance Committee, the Board of Directors of SGRP (the " Board ") appointed Mr. Michael Wager and Mr. Sean M. Whelan to the Board and to the Audit Committee.

Appointed

Michael Wager

Director

SGRP · SPAR Group, Inc.

Effective: 2021-10-14
Filed: October 20, 2021, 7:59 PM ET

On October 12, 2021, as recommended by SGRP's Governance Committee, the Board of Directors of SGRP (the " Board ") appointed Mr. Michael Wager and Mr. Sean M. Whelan to the Board and to the Audit Committee.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Sean M. Whelan was appointed as Director at SPAR Group, Inc..

Action: appointed
Role: Director

Exact text from the filing

On October 12, 2021, as recommended by SGRP's Governance Committee, the Board of Directors of SGRP (the " Board ") appointed Mr. Michael Wager and Mr. Sean M. Whelan to the Board and to the Audit Committee.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Wager was appointed as Director at SPAR Group, Inc..

Action: appointed
Role: Director

Exact text from the filing

On October 12, 2021, as recommended by SGRP's Governance Committee, the Board of Directors of SGRP (the " Board ") appointed Mr. Michael Wager and Mr. Sean M. Whelan to the Board and to the Audit Committee.

View on SEC.gov

SPAR Group, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-21-023962

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