---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-010824"
form_type: "8-K"
ticker: "STCB"
cik: "0001539850"
company_name: "Starco Brands, Inc."
filed_at: "2024-03-21T23:59:59+00:00"
generated_at: "2026-06-04T09:51:53.308653+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Starco Brands removes director, appoints new board; modifies Soylent earnout to 30-day VWAP

## Summary
- Director Demir Vangelov removed; new board: Ross Sklar, Darin Brown, Bharat Vasan effective March 18, 2024.
- Stockholder Agreement with holders of 84.8% of Soylent former stockholders modifies Share Adjustment calculation.
- Earnout uses 30-day VWAP; first adjustment Feb 15, 2024, second May 15, 2025; additional shares if VWAP < $0.35.
- Agreement may be nullified if certain conditions occur within 60 days; otherwise amendment is in effect.

## SEC filing metadata
- accession: 0001493152-24-010824
- form_type: 8-K
- ticker: STCB
- cik: 0001539850
- company_name: Starco Brands, Inc.
- filed_at: 2024-03-21T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1539850/000149315224010824/0001493152-24-010824-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1539850/000149315224010824/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-010824
- JSON: https://secwatch.observer/filing/0001493152-24-010824.json
- Plain text: https://secwatch.observer/filing/0001493152-24-010824.txt

## Key facts
- Executive change
  Demir Vangelov was removed as Director at Starco Brands, Inc..
  - Action: removed
  - Role: Director
  source text: passed a resolution removing Demir Vangelov as a member of the Company’s Board and any committees of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1539850/000149315224010824/0001493152-24-010824-index.htm
- Executive change
  Darin Brown was appointed as Director at Starco Brands, Inc..
  - Action: appointed
  - Role: Director
  source text: appointed a new Board consisting of Ross Sklar, Darin Brown, and Bharat Vasan
  evidence_url: https://www.sec.gov/Archives/edgar/data/1539850/000149315224010824/0001493152-24-010824-index.htm
- Executive change
  Ross Sklar was appointed as Director at Starco Brands, Inc..
  - Action: appointed
  - Role: Director
  source text: appointed a new Board consisting of Ross Sklar, Darin Brown, and Bharat Vasan
  evidence_url: https://www.sec.gov/Archives/edgar/data/1539850/000149315224010824/0001493152-24-010824-index.htm
- Executive change
  Bharat Vasan was appointed as Director at Starco Brands, Inc..
  - Action: appointed
  - Role: Director
  source text: appointed a new Board consisting of Ross Sklar, Darin Brown, and Bharat Vasan
  evidence_url: https://www.sec.gov/Archives/edgar/data/1539850/000149315224010824/0001493152-24-010824-index.htm

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