secwatch.observer — SEC 8-K summary
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Issuer:     SCIENTIFIC INDUSTRIES INC (SCND)
CIK:        0000087802
Form:       8-K
Filed at:   2022-04-13T23:59:59+00:00
Accession:  0001654954-22-004927
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/87802/000165495422004927/0001654954-22-004927-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/87802/000165495422004927/docslib-294169v18k_averil.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-004927

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