secwatch.observer — SEC 8-K summary
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Issuer:     SCIENTIFIC INDUSTRIES INC (SCND)
CIK:        0000087802
Form:       8-K
Filed at:   2025-05-21T23:59:59+00:00
Accession:  0001654954-25-006003
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Scientific Industries CFO departs; CEO Santos named interim CFO; contracts extended
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- CFO Nicholas Lavacca left May 19, 2025; CEO Helena Santos appointed interim CFO.
- Santos' employment extended to June 30, 2026; base salary raised to $200,000 from $175,000.
- Chairman John Moore's employment at subsidiary extended to June 30, 2026; base salary decreased to $165,000 from $175,000.
- Both extensions effective July 1, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/87802/000165495425006003/0001654954-25-006003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/87802/000165495425006003/scnd_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-006003

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