secwatch.observer — SEC 8-K summary
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Issuer:     cbdMD, Inc. (YCBD)
CIK:        0001644903
Form:       8-K
Filed at:   2024-04-02T23:59:59+00:00
Accession:  0001437749-24-010629
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 5.07, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

cbdMD appoints new CEO/CFO, Chairman, and CAO; shareholder vote rejects Series A automatic conversion
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- Bradley Whitford appointed Chief Accounting Officer, Treasurer, Secretary; annual base salary $200,000.
- T. Ronan Kennedy named CEO and CFO; Scott G. Stephen appointed Chairman.
- Proposal to amend Series A Preferred Certificate of Designation for automatic conversion into common stock was not approved by shareholders.
- Board members receive RSUs for 4,000 shares vesting quarterly and option for 2,000 shares vesting immediately.
- All other six proposals at annual meeting approved, including director elections and auditor ratification.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1644903/000143774924010629/0001437749-24-010629-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1644903/000143774924010629/ycbd20240401_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-010629

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