{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-002119","form_type":"8-K","ticker":null,"cik":"0001106838","company_name":"Sonnet BioTherapeutics Holdings, Inc.","filed_at":"2025-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.535698+00:00","generated_at":"2026-05-24T00:19:24.010169+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Sonnet CEO Pankaj Mohan dies; Raghu Rao named interim CEO","bullets":["CEO Pankaj Mohan passed away on March 31, 2025; board appointed Raghu Rao as interim CEO.","Stephen McAndrew, CBO, promoted to President and Chief Business Officer.","McAndrew's employment agreement: base salary $330,000, bonus up to 35%, severance terms.","Rao, 62, has background in federal contracts and board roles; no formal employment agreement yet."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-002119","json":"https://secwatch.observer/filing/0001641172-25-002119.json","markdown":"https://secwatch.observer/filing/0001641172-25-002119.md","text":"https://secwatch.observer/filing/0001641172-25-002119.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1106838/000164117225002119/0001641172-25-002119-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1106838/000164117225002119/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T00:19:24.010169+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"52e40d978d","claim":"Stephen McAndrew changed role as President and Chief Business Officer at Sonnet BioTherapeutics Holdings, Inc..","evidence_excerpt":"promoted Stephen McAndrew, Ph.D., the Company’s current Chief Business Officer, to President and Chief Business Officer","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1106838/000164117225002119/0001641172-25-002119-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"promoted"},{"label":"Role","value":"President and Chief Business Officer"}],"fact_type":"executive_change"},{"claim_id":"813157e4ef","claim":"Pankaj Mohan departed as President, Chief Executive Officer and Chairman of the Board at Sonnet BioTherapeutics Holdings, Inc..","evidence_excerpt":"As a result of the passing of Pankaj Mohan, President, Chief Executive Officer and Chairman of the Board of Directors (the “Board”) of Sonnet BioTherapeutics Holdings, Inc. (the “Company”), on March 31, 2025, the Board unanimously appointed Raghu Rao, 62, a current member of the Board, as interim Chief Executive Officer and promoted Stephen McAndrew, Ph.D., the Company’s current Chief Business Officer, to President and Chief Business Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1106838/000164117225002119/0001641172-25-002119-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"passed away"},{"label":"Role","value":"President, Chief Executive Officer and Chairman of the Board"}],"fact_type":"executive_change"},{"claim_id":"97ad32b28c","claim":"Raghu Rao was appointed as interim Chief Executive Officer at Sonnet BioTherapeutics Holdings, Inc..","evidence_excerpt":"the Board unanimously appointed Raghu Rao, 62, a current member of the Board, as interim Chief Executive Officer","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1106838/000164117225002119/0001641172-25-002119-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"interim Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}