PLBY Group appoints Gyorgy Gattyan to board; Nasdaq noncompliance triggered, cure period to Aug 2025

Playboy, Inc.

Board expanded from five to seven directors; Gattyan appointed as Class II director effective Feb 11, 2025.
Gattyan is CEO of Docler Holding, parent of Byborg, PLBY's largest licensee under a $20M annual minimum royalty LMA.
Company noncompliant with Nasdaq Rule 5605 (majority independent directors); cure period expires August 11, 2025.
One board seat remains vacant; Company and Byborg working to appoint an independent director.
Byborg affiliate previously invested $22.35M in Nov 2024; additional $25.44M investment pending stockholder approval.

item 3.01 item 5.02 item 9.01

Executive movements

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Appointed

Gyorgy Gattyan

Class II director

PLBY · Playboy, Inc.

Effective: 2025-02-11
Filed: February 14, 2025, 6:59 PM ET

On February 11, 2025, the Board expanded the size of the Board from five to seven directors (the “Board Expansion”) and appointed Gyorgy Gattyan, Byborg’s designee to the Board, as a new Class II director.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Gyorgy Gattyan was appointed as Class II director at Playboy, Inc..

Action: appointed
Role: Class II director

Exact text from the filing

On February 11, 2025, the Board expanded the size of the Board from five to seven directors (the “Board Expansion”) and appointed Gyorgy Gattyan, Byborg’s designee to the Board, as a new Class II director.

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Playboy, Inc. filing history →

Source: SEC EDGAR

accession 0001803914-25-000024

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