secwatch.observer — SEC 8-K summary
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Issuer:     PetVivo Holdings, Inc. (PETV)
CIK:        0001512922
Form:       8-K
Filed at:   2025-03-26T23:59:59+00:00
Accession:  0001641172-25-000658
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PetVivo extends CEO term to 2027, cuts base salary to $150K
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- Term extended to March 31, 2027; base salary set at $150,000 per year, retroactive to May 1, 2024.
- Bi-monthly payments of $6,250; prior salary not disclosed but filing states a reduction.
- Board approved amendment March 25, 2025; parties to negotiate replacement compensation for the reduction.
- CEO John Lai continues; amendment reflects cost-cutting measures for the company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512922/000164117225000658/0001641172-25-000658-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512922/000164117225000658/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-000658

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