---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-023979"
form_type: "8-K"
ticker: "APYP"
cik: "0001568969"
company_name: "APPYEA, INC"
filed_at: "2023-07-07T23:59:59+00:00"
generated_at: "2026-06-13T11:01:51.801513+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-23-023979
- form_type: 8-K
- ticker: APYP
- cik: 0001568969
- company_name: APPYEA, INC
- filed_at: 2023-07-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1568969/000149315223023979/0001493152-23-023979-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1568969/000149315223023979/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-023979
- JSON: https://secwatch.observer/filing/0001493152-23-023979.json
- Plain text: https://secwatch.observer/filing/0001493152-23-023979.txt

## Key facts
- Executive change
  Adi Shemer was appointed as Chief Executive Officer at APPYEA, INC.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1568969/000149315223023979/0001493152-23-023979-index.htm

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