secwatch.observer — SEC 8-K summary
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Issuer:     MILESTONE SCIENTIFIC INC. (MLSS)
CIK:        0000855683
Form:       8-K
Filed at:   2024-12-20T23:59:59+00:00
Accession:  0001437749-24-038111
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Milestone Scientific finalizes consulting agreement with ex-CEO Arjan Haverhals
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- Consulting agreement with RH Consulting LLC effective Jan 1, 2025, for indefinite term.
- Annual fee of $350,000: $150,000 in Q1 2025, then $66,666 per quarter thereafter.
- Services include sales/business strategy, reimbursement, distributor management, and R&D guidance.
- No minimum time commitment; either party may terminate with 90 days' notice.
- Haverhals remains a director and retains rights under expiring employment agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/855683/000143774924038111/0001437749-24-038111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/855683/000143774924038111/mlss20241219_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-038111

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