8-K
filed April 6, 2023, 7:59 PM ET
ticker BBLR
CIK 0001873722
leadership
confidence high
sentiment neutral
materiality 0.65
Bubblr appoints Timothy Burks as CEO, Stephen Morris as CTO and Chair, effective April 1, 2023
Bubblr Inc.
- Stephen Morris resigned as interim CEO, appointed CTO and Chair; Timothy Burks named CEO and board member.
- Burks receives $240k salary (increasing to $600k upon $5M capital raise) and option for 4.8M shares at $0.17.
- Morris receives $180k salary (increasing to $450k upon $5M capital raise) and option for 3.36M shares at $0.187, fully vested.
- CFO David Chetwood gets amended agreement: $180k salary (increasing to $450k) and option for 3.36M shares.
- All executives have two-year non-solicit and six-month severance after 90 days.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Timothy Burks was appointed as member of the Board of Directors at Bubblr Inc..
- Action
- appointed
- Role
- member of the Board of Directors
Exact text from the filing
We have appointed Mr. Burks as a member of our Board of Directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Stephen Morris was appointed as Chair at Bubblr Inc..
- Action
- appointed
- Role
- Chair
Exact text from the filing
On April 1, 2023, we appointed Stephen Morris as Chief Technical Officer and Chair
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Stephen Morris was appointed as Chief Technical Officer at Bubblr Inc..
- Action
- appointed
- Role
- Chief Technical Officer
Exact text from the filing
On April 1, 2023, we appointed Stephen Morris as Chief Technical Officer and Chair
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Timothy Burks was appointed as Chief Executive Officer at Bubblr Inc..
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
and Timothy Burks as Chief Executive Officer of our company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Stephen Morris resigned as interim Chief Executive Officer at Bubblr Inc..
- Action
- resigned
- Role
- interim Chief Executive Officer
Exact text from the filing
Effective April 1, 2023, Stephen Morris resigned as our interim Chief Executive Officer.
View on SEC.gov
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