---
schema_version: "secwatch.filing_event.v1"
accession: "0001828852-24-000153"
form_type: "8-K"
ticker: null
cik: "0001828852"
company_name: "Mondee Holdings, Inc."
filed_at: "2024-11-26T23:59:59+00:00"
generated_at: "2026-05-29T18:02:54.699605+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Mondee receives Nasdaq delisting notice for late 10-Q; CEO takes leave, Portillo appointed CEO

## Summary
- Nasdaq notice for late Form 10-Q; board decides not to submit compliance plan or appeal delisting.
- Prasad Gundumogula takes leave of absence as CEO effective Nov 25, 2024; remains chairman.
- Jesus Portillo (CFO) appointed CEO and Board member effective Nov 25, 2024; retains CFO duties.
- Portillo receives 600,000 immediately vesting shares, increased base salary to $500,000, $450,000 retention bonus.
- Severance: 24 months salary and COBRA if terminated without cause within 12 months; 12 months after.

## SEC filing metadata
- accession: 0001828852-24-000153
- form_type: 8-K
- cik: 0001828852
- company_name: Mondee Holdings, Inc.
- filed_at: 2024-11-26T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 3.01, 3.02, 5.02, 7.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828852/000182885224000153/0001828852-24-000153-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828852/000182885224000153/mond-20241120.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828852-24-000153
- JSON: https://secwatch.observer/filing/0001828852-24-000153.json
- Plain text: https://secwatch.observer/filing/0001828852-24-000153.txt

## Key facts
- Executive change
  Jesus Portillo was appointed as Member of the Board at Mondee Holdings, Inc..
  - Action: appointed as a member of the Board
  - Role: Member of the Board
  source text: Mr. Portillo will also be appointed as a member of the Board, effective November 25, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828852/000182885224000153/0001828852-24-000153-index.htm
- Executive change
  Prasad Gundumogula changed role as Chief Executive Officer at Mondee Holdings, Inc..
  - Action: take a leave of absence
  - Role: Chief Executive Officer
  source text: On November 21, 2024, Prasad Gundumogula informed the Board of his request to take a leave of absence as Chief Executive Officer (“ CEO ”) of the Company, effective as of November 25, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828852/000182885224000153/0001828852-24-000153-index.htm
- Executive change
  Jesus Portillo was appointed as Chief Executive Officer at Mondee Holdings, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: on November 25, 2024, the Board has appointed Jesus Portillo to serve as CEO of the Company, effective as of November 25, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828852/000182885224000153/0001828852-24-000153-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.