---
schema_version: "secwatch.filing_event.v1"
accession: "0001554795-23-000184"
form_type: "8-K"
ticker: null
cik: "0001500123"
company_name: "Item 9 Labs Corp."
filed_at: "2023-05-22T23:59:59+00:00"
generated_at: "2026-06-14T18:11:49.419368+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Item 9 Labs CEO resigns, Chairman takes interim role, layoffs announced

## Summary
- CEO Michael Weinberger resigned May 17, will stay as Strategic Advisor; no disagreement cited.
- Chairman Douglas Bowden appointed Interim CEO effective May 22, 2023.
- Director Jeffrey Rassas (former CSO) named Strategic Advisor for capital markets and IR.
- Company cutting operating expenses including employee layoffs to stabilize cash flows.

## SEC filing metadata
- accession: 0001554795-23-000184
- form_type: 8-K
- cik: 0001500123
- company_name: Item 9 Labs Corp.
- filed_at: 2023-05-22T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1500123/000155479523000184/0001554795-23-000184-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500123/000155479523000184/inlb0522form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001554795-23-000184
- JSON: https://secwatch.observer/filing/0001554795-23-000184.json
- Plain text: https://secwatch.observer/filing/0001554795-23-000184.txt

## Key facts
- Executive change
  Douglas Bowden was appointed as Interim Chief Executive Officer at Item 9 Labs Corp..
  - Action: appointed
  - Role: Interim Chief Executive Officer
  source text: On May 22, 2023, the Board appointed Mr. Douglas Bowden, age 63, as the Company’s Interim Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1500123/000155479523000184/0001554795-23-000184-index.htm
- Executive change
  Michael Weinberger resigned as Chief Executive Officer at Item 9 Labs Corp..
  - Action: resigned
  - Role: Chief Executive Officer
  source text: On May 17, 2023, Mr. Michael Weinberger voluntarily resigned as Chief Executive Officer and member of the Board of Directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1500123/000155479523000184/0001554795-23-000184-index.htm

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