secwatch.observer — SEC 8-K summary
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Issuer:     Mosaic ImmunoEngineering Inc. (CPMV)
CIK:        0000836564
Form:       8-K
Filed at:   2024-05-31T23:59:59+00:00
Accession:  0001683168-24-003923
Event type: leadership
Sentiment:  negative
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mosaic ImmunoEngineering CFO Paul Lytle moves to part-time, pay cut to $1,600/month
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- CFO Paul Lytle reduced to part-time effective June 1, 2024, max 8 hours/month, monthly rate $1,600.
- All deferred unpaid compensation to be paid upon completion of a capital raise of at least $4M.
- Company will grant RSUs equal to 20% of deferred salary on closing date of the capital raise.
- Lytle no longer eligible for PTO or group insurance benefits under the revised arrangement.
- Agreement reflects cost-containment efforts amid need for new funding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/836564/000168316824003923/0001683168-24-003923-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/836564/000168316824003923/mosaic_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-003923

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