---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-000920"
form_type: "8-K"
ticker: "NXPL"
cik: "0001058307"
company_name: "NextPlat Corp"
filed_at: "2022-01-11T23:59:59+00:00"
generated_at: "2026-06-27T18:49:52.570495+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Orbsat appoints Rodney Barreto as director; Barreto invested in $7.2M private placement

## Summary
- Rodney Barreto appointed to board effective Jan 20, 2022; two-year term with $48k/yr cash retainer and 20,000 restricted shares.
- Barreto is President/CEO of Barreto Group, with over 35 years in public affairs and business development.
- He was a significant new investor in Orbsat's recently completed $7.2 million private stock offering.
- Orbsat is transitioning into NextPlat, a global e-commerce platform for physical and digital assets.

## SEC filing metadata
- accession: 0001493152-22-000920
- form_type: 8-K
- ticker: NXPL
- cik: 0001058307
- company_name: NextPlat Corp
- filed_at: 2022-01-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058307/000149315222000920/0001493152-22-000920-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058307/000149315222000920/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-000920
- JSON: https://secwatch.observer/filing/0001493152-22-000920.json
- Plain text: https://secwatch.observer/filing/0001493152-22-000920.txt

## Key facts
- Executive change
  Rodney Barreto was appointed as director at NextPlat Corp.
  - Action: appointed
  - Role: director
  source text: On January 7, 2022, the Board of Directors (the “Board”) of Orbsat Corp (the “Company”) appointed Rodney Barreto as a new director to the Board, effective January 20, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058307/000149315222000920/0001493152-22-000920-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.