---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-002034"
form_type: "8-K"
ticker: "AIXC"
cik: "0001460702"
company_name: "AIxCrypto Holdings, Inc."
filed_at: "2023-01-20T23:59:59+00:00"
generated_at: "2026-06-20T12:24:45.361385+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Qualigen Therapeutics reduces executive salaries by 20%, terminates COO Shishir Sinha and CSO Wajdi Abdul-Ahad

## Summary
- Board approved 20% temporary base salary reduction for all executive officers, including CEO, CFO, President, COO, and CMO, effective immediately.
- COO Shishir Sinha terminated effective Feb 16, 2023; President Amy Broidrick's title becomes President, Chief Strategy and Operating Officer.
- Non-executive director annual cash compensation reduced by 20%.
- VP and Chief Scientific Officer Wajdi Abdul-Ahad position eliminated, along with several other non-executive roles.

## SEC filing metadata
- accession: 0001493152-23-002034
- form_type: 8-K
- ticker: AIXC
- cik: 0001460702
- company_name: AIxCrypto Holdings, Inc.
- filed_at: 2023-01-20T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1460702/000149315223002034/0001493152-23-002034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1460702/000149315223002034/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-002034
- JSON: https://secwatch.observer/filing/0001493152-23-002034.json
- Plain text: https://secwatch.observer/filing/0001493152-23-002034.txt

## Key facts
- Executive change
  Shishir Sinha was terminated as Chief Operating Officer and Senior Vice President, Diagnostics at AIxCrypto Holdings, Inc..
  - Action: terminated
  - Role: Chief Operating Officer and Senior Vice President, Diagnostics
  source text: the Company provided notice to Mr. Sinha that his employment with the Company would be terminated effective February 16, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1460702/000149315223002034/0001493152-23-002034-index.htm
- Executive change
  Amy Broidrick changed role as President, Chief Strategy and Operating Officer at AIxCrypto Holdings, Inc..
  - Action: title will become
  - Role: President, Chief Strategy and Operating Officer
  source text: Ms. Broidrick’s title will become President, Chief Strategy and Operating Officer, effective as of the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1460702/000149315223002034/0001493152-23-002034-index.htm

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