Nemaura Medical outsources sensor production; COO and director resign

Nemaura Medical Inc.

COO Arash Ghadar resigned effective Sept 20, 2024; termination previously set for Nov 1.
Director Asim Butt resigned Sept 21, 2024, citing no disagreement with company.
Company outsourcing sensor production to contract manufacturer to reduce overhead.
CEO Dr. Faz Chowdhury to present at Alliance Bernstein CGM Disruptors conference on Sept 26, 2024.
Seeking partnerships and non-dilutive funding via license fees or acquisitions.

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

Asim Butt

member of the Board of Directors

Nemaura Medical Inc.

Effective: 2024-09-21
Filed: September 26, 2024, 7:59 PM ET

In addition, on September 21, 2024, Asim Butt resigned his position as a member of the Company’s Board of Directors.

Departed

Arash Ghadar

Chief Operating Officer

Nemaura Medical Inc.

Effective: 2024-09-20
Filed: September 26, 2024, 7:59 PM ET

Accordingly, Mr. Ghadar resigned his position as the Company’s Chief Operating Officer on September 20, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Asim Butt resigned as member of the Board of Directors at Nemaura Medical Inc..

Action: resigned
Role: member of the Board of Directors

Exact text from the filing

In addition, on September 21, 2024, Asim Butt resigned his position as a member of the Company’s Board of Directors.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Arash Ghadar resigned as Chief Operating Officer at Nemaura Medical Inc..

Action: resigned
Role: Chief Operating Officer

Exact text from the filing

Accordingly, Mr. Ghadar resigned his position as the Company’s Chief Operating Officer on September 20, 2024.

View on SEC.gov

Source: SEC EDGAR

accession 0001553350-24-000108

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