secwatch.observer — SEC 8-K summary
======================================

Issuer:     Fabric.AI, Inc. (FABC)
CIK:        0001086745
Form:       8-K
Filed at:   2022-01-14T23:59:59+00:00
Accession:  0001493152-22-001316
Event type: leadership
Sentiment:  negative
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1086745/000149315222001316/0001493152-22-001316-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1086745/000149315222001316/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-001316

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