secwatch.observer — SEC 8-K summary
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Issuer:     SCIENTIFIC INDUSTRIES INC (SCND)
CIK:        0000087802
Form:       8-K
Filed at:   2022-05-27T23:59:59+00:00
Accession:  0001654954-22-007635
Event type: leadership
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Scientific Industries raises subsidiary CEO Grunes' base salary to €170k, extends notice
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- Base salary increased by €20k to €170k per year.
- Minimum annual bonus set at €10k.
- Advance termination notice period extended from 6 to 12 months.
- Amendment effective May 24, 2022 for CEO Daniel Grunes of subsidiaries Aquila and SBI.
- Grunes serves as CEO/President of wholly owned Aquila biolabs GmbH and Scientific Bioprocessing Inc.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/87802/000165495422007635/0001654954-22-007635-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/87802/000165495422007635/scnd_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-007635

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