{"schema_version":"secwatch.filing_event.v1","accession":"0001731122-24-001570","form_type":"8-K","ticker":"IVDN","cik":"0001190370","company_name":"INNOVATIVE DESIGNS INC","filed_at":"2024-10-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.866586+00:00","generated_at":"2026-05-30T17:08:24.147090+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Innovative Designs voided prior board meeting; CEO/CFO Riccelli Sr. resigns, son appointed interim","bullets":["On Oct 3, 2024, Board voided Sep 26 meeting actions due to improper notice, invalidating prior 8-K filed Sep 27.","Joseph Riccelli, Sr. resigned as CEO, CFO, Principal Accounting Officer; remains Chairman.","Joseph A. Riccelli (son) appointed interim CEO, CFO, Principal Accounting Officer; previously VP Operations for 15 years.","Compensation: $2,000/week plus warrant for 100,000 shares at $0.12/share for 3 years."],"urls":{"canonical":"https://secwatch.observer/filing/0001731122-24-001570","json":"https://secwatch.observer/filing/0001731122-24-001570.json","markdown":"https://secwatch.observer/filing/0001731122-24-001570.md","text":"https://secwatch.observer/filing/0001731122-24-001570.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1190370/000173112224001570/0001731122-24-001570-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1190370/000173112224001570/e6018_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T17:08:24.147090+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"47b026cd50","claim":"Joseph A. Riccelli was appointed as Chief Executive Officer, Chief Financial Officer and Principal Accounting Officer at INNOVATIVE DESIGNS INC.","evidence_excerpt":"The Board also appointed Joseph A. Riccelli to serve as the registrant’s Chief Executive Officer, Chief Financial Officer and Principal Accounting Officer, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1190370/000173112224001570/0001731122-24-001570-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer, Chief Financial Officer and Principal Accounting Officer"}],"fact_type":"executive_change"},{"claim_id":"6ad613fa4c","claim":"Joseph Riccelli, Sr. resigned as Chief Executive Officer, Chief Financial Officer and Principal Accounting Officer at INNOVATIVE DESIGNS INC.","evidence_excerpt":"the Board accepted the resignation of Joseph Riccelli, Sr. as the registrant’s Chief Executive Officer, Chief Financial Officer and Principal Accounting Officer, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1190370/000173112224001570/0001731122-24-001570-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer, Chief Financial Officer and Principal Accounting Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}