Orbsat appoints Douglas Ellenoff as Vice Chairman/Chief Business Dev Strategist and Paul Thomson as EVP

NextPlat Corp

Douglas S. Ellenoff appointed Vice Chairman and Chief Business Development Strategist; receives 100k shares RSU (40k immediate) and options for 1.5M shares at $5.35.
Paul R. Thomson appointed Executive Vice President; receives 25k options immediate and 25k RSU (10k immediate) with $250k base salary.
Equity grants issued as Nasdaq inducement grants outside shareholder-approved plan.
Company expands strategic focus on e-commerce; cites $14M growth capital and Q2 revenue growth.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Douglas S. Ellenoff

Vice Chairman and Chief Business Development Strategist

NXPL · NextPlat Corp

Effective: 2021-08-24
Filed: August 30, 2021, 7:59 PM ET

On August 24, 2021, Douglas S. Ellenoff was appointed to the positions of Chief Business Development Strategist of Orbsat Corp (the “Company”) and Vice Chairman of the Board of Directors of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Douglas S. Ellenoff was appointed as Vice Chairman and Chief Business Development Strategist at NextPlat Corp.

Action: appointed
Role: Vice Chairman and Chief Business Development Strategist

Exact text from the filing

On August 24, 2021, Douglas S. Ellenoff was appointed to the positions of Chief Business Development Strategist of Orbsat Corp (the “Company”) and Vice Chairman of the Board of Directors of the Company.

View on SEC.gov

NextPlat Corp filing history →

Source: SEC EDGAR

accession 0001493152-21-021557

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

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.