---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-25-003828"
form_type: "8-K"
ticker: "SCND"
cik: "0000087802"
company_name: "SCIENTIFIC INDUSTRIES INC"
filed_at: "2025-04-02T23:59:59+00:00"
generated_at: "2026-05-24T00:12:46.925665+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Scientific Industries appoints Nicholas Lavacca CFO, replacing Reginald Averilla

## Summary
- Nicholas Lavacca named CFO effective April 1, 2025; Reginald Averilla left to pursue other opportunities.
- Lavacca brings 30+ years experience, most recently SVP Accounting & Treasury at Innovid Corp.
- Annual salary set at $200,000; target bonus 10% of base salary.
- Lavacca eligible for 2022 Equity Incentive Plan; no reportable transactions with company.

## SEC filing metadata
- accession: 0001654954-25-003828
- form_type: 8-K
- ticker: SCND
- cik: 0000087802
- company_name: SCIENTIFIC INDUSTRIES INC
- filed_at: 2025-04-02T23:59:59+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/87802/000165495425003828/0001654954-25-003828-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/87802/000165495425003828/scnd_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-003828
- JSON: https://secwatch.observer/filing/0001654954-25-003828.json
- Plain text: https://secwatch.observer/filing/0001654954-25-003828.txt

## Key facts
- Executive change
  Reginald Averilla departed as Chief Financial Officer at SCIENTIFIC INDUSTRIES INC.
  - Action: left
  - Role: Chief Financial Officer
  source text: Reginald Averilla who had served as the Company’s CFO since April 11, 2022, left the Company to pursue other opportunities.
  evidence_url: https://www.sec.gov/Archives/edgar/data/87802/000165495425003828/0001654954-25-003828-index.htm
- Executive change
  Nicholas Lavacca was appointed as Chief Financial Officer at SCIENTIFIC INDUSTRIES INC.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On April 1, 2025, Scientific Industries, Inc. (the “Company”), announced that it has appointed Nicholas Lavacca as its Chief Financial Officer (“CFO”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/87802/000165495425003828/0001654954-25-003828-index.htm

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