AYRO appoints David E. Hollingsworth as permanent CFO, effective August 23, 2022

Fabric.AI, Inc.

Hollingsworth served as interim CFO since January 2022; now appointed permanently.
Annual base salary of $230,000; eligible for bonuses up to 40% of salary.
Granted 100,000 restricted shares vesting upon stock price, market cap, and business milestones.
Employment agreement has initial two-year term with possible renewals; severance provisions included.

item 5.02 item 7.01 item 9.01

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Appointed

David E. Hollingsworth

Chief Financial Officer

FABC · Fabric.AI, Inc.

Effective: 2022-08-22
Filed: August 26, 2022, 7:59 PM ET

the Board appointed David E. Hollingsworth as Chief Financial Officer of the Company, effective as of August 22, 2022

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

David E. Hollingsworth was appointed as Chief Financial Officer at Fabric.AI, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

the Board appointed David E. Hollingsworth as Chief Financial Officer of the Company, effective as of August 22, 2022

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Fabric.AI, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-22-024115

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