secwatch.observer — SEC 8-K summary
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Issuer:     Balance Labs, Inc. (BLNC)
CIK:        0001632121
Form:       8-K
Filed at:   2025-08-29T23:59:59+00:00
Accession:  0001641172-25-025898
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Balance Labs appoints Alan Campbell as CEO; Farkas remains Chairman and President
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- Alan Campbell named CEO effective August 25, 2025; previously President of CoinDesk Indices and helped build Bloomberg's index business.
- Base salary of $350,000 deferred until $20M capital raise or 75 days; 3.6% equity award vesting over 3 years.
- Target annual bonus of 65% of base salary; minimum ownership of 3.6% fully diluted shares until $1B capital raised.
- Michael D. Farkas stepped down as CEO, continues as Chairman of the Board and President.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1632121/000164117225025898/0001641172-25-025898-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1632121/000164117225025898/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-025898

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer