---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-001316"
form_type: "8-K"
ticker: "FABC"
cik: "0001086745"
company_name: "Fabric.AI, Inc."
filed_at: "2022-01-14T23:59:59+00:00"
generated_at: "2026-06-27T17:50:02.874222+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# AYRO CFO, Chief of Business Development, and Chief Marketing Officer depart; interim CFO appointed

## Summary
- CFO Curtis Smith resigned effective Jan 14, 2022; receives $237,500 severance.
- Chief of Business Development Brian Groh and Chief Marketing Officer Richard Perley terminated; each receives $237,500 separation.
- Board appointed David E. Hollingsworth as Interim CFO effective Jan 14, 2022, who had served as Company Controller.
- All departures accompanied by mutual release agreements; equity awards handled under 2017 LTIP.
- No replacements announced for Groh and Perley roles; interim CFO to serve until successor chosen.

## SEC filing metadata
- accession: 0001493152-22-001316
- form_type: 8-K
- ticker: FABC
- cik: 0001086745
- company_name: Fabric.AI, Inc.
- filed_at: 2022-01-14T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1086745/000149315222001316/0001493152-22-001316-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1086745/000149315222001316/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-001316
- JSON: https://secwatch.observer/filing/0001493152-22-001316.json
- Plain text: https://secwatch.observer/filing/0001493152-22-001316.txt

## Key facts
- Executive change
  Brian Groh was terminated as Chief of Business Development at Fabric.AI, Inc..
  - Action: terminated
  - Role: Chief of Business Development
  source text: Brian Groh, who served as the Company’s Chief of Business Development, terminated his engagement with the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1086745/000149315222001316/0001493152-22-001316-index.htm
- Executive change
  Curtis Smith resigned as Chief Financial Officer at Fabric.AI, Inc..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: Curtis Smith, who served as the Chief Financial Officer of AYRO, Inc. (the “Company”) resigned from his role as an officer and employee of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1086745/000149315222001316/0001493152-22-001316-index.htm
- Executive change
  Richard Perley was terminated as Chief Marketing Officer at Fabric.AI, Inc..
  - Action: terminated
  - Role: Chief Marketing Officer
  source text: Richard Perley, who served as the Company’s Chief Marketing Officer, terminated his engagement with the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1086745/000149315222001316/0001493152-22-001316-index.htm

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