secwatch.observer — SEC 8-K summary
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Issuer:     SCIENTIFIC INDUSTRIES INC (SCND)
CIK:        0000087802
Form:       8-K
Filed at:   2025-04-02T23:59:59+00:00
Accession:  0001654954-25-003828
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Scientific Industries appoints Nicholas Lavacca CFO, replacing Reginald Averilla
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/87802/000165495425003828/0001654954-25-003828-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/87802/000165495425003828/scnd_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-003828

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