CEO Andrew Sispoidis resigns amid settlement; receives $200K severance

CORPORATE UNIVERSE INC

Sispoidis resigned as CEO, Secretary, and director effective Nov 1, 2023.
Company will pay $200,000 severance in 12 equal monthly installments starting Nov 1, 2023.
Settlement includes mutual releases, non-disparagement, and confidentiality obligations.
Executive must complete transition tasks (ADP, GoDaddy, OTC Markets, etc.) by Separation Date.
No successor named; company and subsidiaries (Carbon-Ion, Oxcion) are parties to the agreement.

item 1.01 item 5.02 item 9.01

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Departed

Andrew Sispoidis

Chief Executive Officer and Secretary

CORPORATE UNIVERSE INC

Effective: 2023-11-01
Filed: November 1, 2023, 7:59 PM ET

Mr. Sispoidis resigned from all director, officer, and any other positions and/or roles he had with the Company and each of its wholly-owned subsidiaries, Carbon-Ion and Oxcion, including Chief Executive Officer and Secretary, effective as of November 1, 2023.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Andrew Sispoidis resigned as Chief Executive Officer and Secretary at CORPORATE UNIVERSE INC.

Action: resigned
Role: Chief Executive Officer and Secretary

Exact text from the filing

Mr. Sispoidis resigned from all director, officer, and any other positions and/or roles he had with the Company and each of its wholly-owned subsidiaries, Carbon-Ion and Oxcion, including Chief Executive Officer and Secretary, effective as of November 1, 2023.

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Source: SEC EDGAR

accession 0001654954-23-013681

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