---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-22-004927"
form_type: "8-K"
ticker: "SCND"
cik: "0000087802"
company_name: "SCIENTIFIC INDUSTRIES INC"
filed_at: "2022-04-13T23:59:59+00:00"
generated_at: "2026-06-26T07:47:22.123059+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Scientific Industries names Reginald Averilla as CFO, replacing Helena R. Santos

## Summary
- Appointment effective April 11, 2022; Averilla brings over 10 years of financial and accounting experience.
- Averilla previously served as VP Controller at Medical Knowledge Group and Film Expo Group.
- Annual salary of $170,000, eligible for discretionary bonus up to 10% of base salary.
- Granted options to purchase 20,000 shares vesting over four years under 2022 Equity Incentive Plan.
- Helena R. Santos remains President and CEO of the company.

## SEC filing metadata
- accession: 0001654954-22-004927
- form_type: 8-K
- ticker: SCND
- cik: 0000087802
- company_name: SCIENTIFIC INDUSTRIES INC
- filed_at: 2022-04-13T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/87802/000165495422004927/0001654954-22-004927-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/87802/000165495422004927/docslib-294169v18k_averil.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-22-004927
- JSON: https://secwatch.observer/filing/0001654954-22-004927.json
- Plain text: https://secwatch.observer/filing/0001654954-22-004927.txt

## Key facts
- Executive change
  Reginald Averilla was appointed as Chief Financial Officer at SCIENTIFIC INDUSTRIES INC.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: Effective April 11, 2022, Scientific Industries, Inc. (the “Company”), hired Reginald Averilla as its Chief Financial Officer, replacing Helena R. Santos in that role
  evidence_url: https://www.sec.gov/Archives/edgar/data/87802/000165495422004927/0001654954-22-004927-index.htm
- Executive change
  Helena R. Santos departed as Chief Financial Officer at SCIENTIFIC INDUSTRIES INC.
  - Role: Chief Financial Officer
  source text: Effective April 11, 2022, Scientific Industries, Inc. (the “Company”), hired Reginald Averilla as its Chief Financial Officer, replacing Helena R. Santos in that role
  evidence_url: https://www.sec.gov/Archives/edgar/data/87802/000165495422004927/0001654954-22-004927-index.htm

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