AppYea appoints new CEO, board, extends $1.8M convertible notes maturity to Feb 2026

APPYEA, INC

Boris Molchadsky resigns as CEO, remains board member; Yakir Abady appointed CEO and director, Eldar Grady executive chairman.
Convertible notes of ~$1.8M maturity extended to Feb 15, 2026, interest frozen, repayment premium ≤10% contingent on raising capital.
New directors granted options for ~639M shares each with vesting conditions (volume, price, capital raise); salary $30k/month each.
Former CEO Molchadsky to convert 222,664 Series A Preferred shares into ~334M common shares (subject to authorized increase).
Asaf Porat's CFO position terminated; Ron Mekler (former director) appointed CFO effective Aug 12, 2025.

item 1.01item 3.02item 5.02

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.