Innovative Eyewear appoints COO and licenses 46 patents from IngenioSpec

Innovative Eyewear Inc

Jaoquin Abondano appointed COO effective Jan 1, 2024; base salary $140k, quarterly bonus $30k if e-commerce revenue ≥$1M.
Multi-year non-exclusive license/settlement with IngenioSpec adds 46 patents to IP portfolio.
Combined portfolio now totals 109 patents and applications (63 original + 46 licensed).
Abondano granted options for 130,000 shares; on non-cause termination, options vest and 15 days' salary paid.

item 5.02 item 8.01 item 9.01

Executive movements

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Appointed

Jaoquin Abondano

Chief Operating Officer

LUCY · Innovative Eyewear Inc

Effective: 2024-01-01
Filed: January 5, 2024, 6:59 PM ET

On January 13, 2023, the Board of Directors of Innovative Eyewear, Inc., (the “Company”) authorized the appointment of Jaoquin Abondano to the position of Chief Operating Officer of the Company, effective as of January 1, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jaoquin Abondano was appointed as Chief Operating Officer at Innovative Eyewear Inc.

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

On January 13, 2023, the Board of Directors of Innovative Eyewear, Inc., (the “Company”) authorized the appointment of Jaoquin Abondano to the position of Chief Operating Officer of the Company, effective as of January 1, 2024.

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Innovative Eyewear Inc filing history →

Source: SEC EDGAR

accession 0001829126-24-000068

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