---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-023758"
form_type: "8-K"
ticker: "APYP"
cik: "0001568969"
company_name: "APPYEA, INC"
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T13:10:21.803272+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001641172-25-023758
- form_type: 8-K
- ticker: APYP
- cik: 0001568969
- company_name: APPYEA, INC
- filed_at: 2025-08-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1568969/000164117225023758/0001641172-25-023758-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1568969/000164117225023758/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-023758
- JSON: https://secwatch.observer/filing/0001641172-25-023758.json
- Plain text: https://secwatch.observer/filing/0001641172-25-023758.txt

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