TRxADE appoints Michael Peterson to board after Charles Pope resigns; 601,740 warrants exercised

Scienture Holdings, Inc.

Charles L. Pope resigned as director on Jan 3, 2023; no disagreement with company.
Michael L. Peterson appointed on Jan 4 to fill vacancy; previously served from Aug 2016 to May 2021.
Peterson to receive $55k/yr board cash, $20k/yr audit chair, 100k RSUs, and $55k options (subject to approval).
Holder of 601,740 pre-funded warrants (sold Oct 2022) exercised for nominal consideration on Jan 4, 2023.

item 5.02 item 8.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Charles L. Pope

Director

SCNX · Scienture Holdings, Inc.

Effective: 2023-01-03
Successor: Michael L. Peterson
Filed: January 5, 2023, 6:59 PM ET

On January 3, 2023, Charles L. Pope resigned as a member of the Board of Directors of TRxADE HEALTH, INC.

Appointed

Michael L. Peterson

Director

SCNX · Scienture Holdings, Inc.

Effective: 2023-01-04
Filed: January 5, 2023, 6:59 PM ET

On January 4, 2023, the Board of Directors of the Company, with the recommendation of the Nominating and Corporate Governance Committee of the Board of Directors, appointed Mr. Michael L. Peterson as a member of the Board of Directors, with such appointment to take effect immediately, to fill the vacancy left by Mr. Pope’s resignation.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Charles L. Pope resigned as Director at Scienture Holdings, Inc..

Action: resigned
Role: Director

Exact text from the filing

On January 3, 2023, Charles L. Pope resigned as a member of the Board of Directors of TRxADE HEALTH, INC.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael L. Peterson was appointed as Director at Scienture Holdings, Inc..

Action: appointed
Role: Director

Exact text from the filing

On January 4, 2023, the Board of Directors of the Company, with the recommendation of the Nominating and Corporate Governance Committee of the Board of Directors, appointed Mr. Michael L. Peterson as a member of the Board of Directors, with such appointment to take effect immediately, to fill the vacancy left by Mr. Pope’s resignation.

View on SEC.gov

Scienture Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-000662

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