AppYea appoints Adi Shemer as CEO with option for 11.5M shares

APPYEA, INC

Shemer appointed CEO of AppYea effective July 1, 2023; previously consultant since Feb 2023.
Monthly salary of NIS 40,000 ($10,800), half deferred until company raises at least $1M in capital.
Options for 11.5M shares at $0.0001 exercise price, vesting quarterly over 30 months; additional 11.5M options later.
Consulting services options: 1M shares fully vested, $0.0001 exercise price, exercisable through July 2033.

item 5.02 item 9.01

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Appointed

Adi Shemer

Chief Executive Officer

APYP · APPYEA, INC

Effective: 2023-07-07
Filed: July 7, 2023, 7:59 PM ET

On July 7, 2023, the Board of Directors of AppYea, Inc. (the “Company”) appointed Adi Shemer as Chief Executive Officer (“CEO”) of the Company, effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Adi Shemer was appointed as Chief Executive Officer at APPYEA, INC.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On July 7, 2023, the Board of Directors of AppYea, Inc. (the “Company”) appointed Adi Shemer as Chief Executive Officer (“CEO”) of the Company, effective immediately.

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APPYEA, INC filing history →

Source: SEC EDGAR

accession 0001493152-23-023979

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