---
schema_version: "secwatch.filing_event.v1"
accession: "0001554795-23-000204"
form_type: "8-K"
ticker: null
cik: "0001500123"
company_name: "Item 9 Labs Corp."
filed_at: "2023-07-07T23:59:59+00:00"
generated_at: "2026-06-13T11:00:37.208581+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CFO Robert Mikkelsen terminates employment, becomes consultant; severance deferred

## Summary
- Employment agreement terminated June 30, 2023 as part of restructuring; Mikkelsen continues as CFO under 90-day consulting agreement, extendable.
- Consulting compensation: $20,000/month, 50% paid during engagement, 50% deferred for six months.
- Severance of $10,000/month for 12 months, deferred for 90 days.
- Separation not due to any disagreement with the company's operations, policies, or practices.

## SEC filing metadata
- accession: 0001554795-23-000204
- form_type: 8-K
- cik: 0001500123
- company_name: Item 9 Labs Corp.
- filed_at: 2023-07-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1500123/000155479523000204/0001554795-23-000204-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500123/000155479523000204/inlb0707form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001554795-23-000204
- JSON: https://secwatch.observer/filing/0001554795-23-000204.json
- Plain text: https://secwatch.observer/filing/0001554795-23-000204.txt

## Key facts
- Executive change
  Robert Mikkelsen changed role as Chief Financial Officer at Item 9 Labs Corp..
  - Action: terminated employment agreement and continued as Chief Financial Officer under consulting agreement
  - Role: Chief Financial Officer
  source text: Mr. Mikkelsen and the Company agreed to terminate Mr. Mikkelsen’s employment agreement and enter into a consulting agreement whereby Mr. Mikkelsen will continue to serve as the Company’s Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1500123/000155479523000204/0001554795-23-000204-index.htm

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