secwatch.observer — SEC 8-K summary
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Issuer:     Fabric.AI, Inc. (FABC)
CIK:        0001086745
Form:       8-K
Filed at:   2021-09-24T23:59:59+00:00
Accession:  0001493152-21-023617
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AYRO appoints Thomas Wittenschlaeger as CEO; Rod Keller resigns with $650K separation
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- Rod Keller resigned as President, CEO and director effective Sept 21, 2021; no disagreement with Company.
- Keller receives $650K cash separation plus consulting fees of $20,833/month for 1-3 months.
- Thomas Wittenschlaeger appointed CEO effective Sept 23, 2021, with a two-year initial term.
- Wittenschlaeger's compensation: $280K annual salary, bonus up to 50%, and 450,000 restricted shares with milestone-based vesting.
- Wittenschlaeger previously CEO of NantMobility and executive at FOX Factory.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1086745/000149315221023617/0001493152-21-023617-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1086745/000149315221023617/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-023617

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer