AgEagle appoints Bill Irby as CEO; Alpha invests $1.05M in Series F preferred stock

AgEagle Aerial Systems Inc.

Bill Irby promoted from President to CEO effective April 15, 2024; base salary $375K.
Grant Begley ceases as interim CEO but remains Chairman of the Board.
Alpha Anstalt invests $1.05M for 1,050 Series F shares convertible into 1.42M common shares at $0.74.
Warrants for 1.42M shares at $0.74 exercise price, three-year term, immediately exercisable.
eBee VISION UAS showcased with military entities in US, Europe, Brazil, and Guatemala.

item 1.01 item 3.02 item 5.02 item 7.01 item 9.01

Executive movements

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

Departed (interim)

Grant Begley

Interim Chief Executive Officer

UAVS · AgEagle Aerial Systems Inc.

Effective: 2024-04-15
Successor: Bill Irby
Filed: April 18, 2024, 7:59 PM ET

Effective as of April 15, 2024, Mr. Grant Begley ceased to serve as the Interim Chief Executive Officer of the Company

Appointed

Bill Irby

Director

UAVS · AgEagle Aerial Systems Inc.

Effective: 2024-04-15
Filed: April 18, 2024, 7:59 PM ET

setting forth the terms of Bill Irby’s appointment as Chief Executive Officer and Director of the Company effective as of April 15, 2024.

Appointed

Bill Irby

Chief Executive Officer

UAVS · AgEagle Aerial Systems Inc.

Effective: 2024-04-15
Filed: April 18, 2024, 7:59 PM ET

setting forth the terms of Bill Irby’s appointment as Chief Executive Officer and Director of the Company effective as of April 15, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Grant Begley departed as Interim Chief Executive Officer at AgEagle Aerial Systems Inc..

Action: ceased
Role: Interim Chief Executive Officer

Exact text from the filing

Effective as of April 15, 2024, Mr. Grant Begley ceased to serve as the Interim Chief Executive Officer of the Company

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Bill Irby was appointed as Director at AgEagle Aerial Systems Inc..

Action: appointed
Role: Director

Exact text from the filing

setting forth the terms of Bill Irby’s appointment as Chief Executive Officer and Director of the Company effective as of April 15, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Bill Irby was appointed as Chief Executive Officer at AgEagle Aerial Systems Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

setting forth the terms of Bill Irby’s appointment as Chief Executive Officer and Director of the Company effective as of April 15, 2024.

View on SEC.gov

AgEagle Aerial Systems Inc. filing history →

Source: SEC EDGAR

accession 0001493152-24-015128

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