secwatch / observer

KonaTel, Inc. — fact timeline

Source-grounded facts extracted from KonaTel, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

KTEL KonaTel, Inc. JSON

Jeffrey R. Pearl departed as Independent Director at KonaTel, Inc..

“After seven years of loyal and professional service as a KonaTel Independent Director, Mr. Jeffrey R. Pearl has elected to step down from his seat on the Board of Directors, effective April 16, 2025.”
Material Agreements

KonaTel, Inc. entered into Installment Sale Agreement with ACP Financing VII Limited Liability Company valued at Initial credit facility of $1,365,000, available to increase to $5,000,000 (effective 2023-12-18).

“Effective December 18, 2023, the Company and IM Telecom, as “Purchasers,” entered into an Installment Sale Agreement (the “Installment Sale Agreement”) with ACP Financing VII Limited Liability Company, a Texas limited liability company (“ACP Finance”), as “Seller,” pursuant to which Seller has agreed to purchase new and refurbished cellular devices for distribution through the Purchaser’s distribution network to Affordable Connectivity Program (“ACP”) Federal Lifeline and California Lifeline eligible consumers, such devices operating on 4G or better technology platforms or any such other consumer technology equipment upon the mutual agreement of Seller and Purchaser (the “ Devices ”), and to sell such Devices to Purchaser.”
Material Agreements

KonaTel, Inc. amended First Amendment to the NPA with CCUR Holdings, Inc. and Symbolic Logic, Inc. valued at up to $2,000,000 (effective 2023-06-01).

“nder the First Amendment to the NPA of $500,000. Notable items associated with the First Amendment to NPA are the following: ● Delayed”

Jason N. Welch was elected as President of IM Telecom at KonaTel, Inc..

“Additionally, Jason N. Welch was elected as the President of IM Telecom, and we entered into an Employment Agreement with Mr. Welch dated February 2, 2022, which was effective February 14, 2022”

B. Todd Murcer was elected as Executive Vice President of Finance and Secretary at KonaTel, Inc..

“Also effective February 4, 2022, B. Todd Murcer was elected as our Executive Vice President and Secretary, and we entered into an Employment Agreement with Mr. Murcer that was effective January 24, 2022”

Paul LaPier resigned as Executive Vice President of Finance and Secretary at KonaTel, Inc..

“Effective February 4, 2022, which is the date of this Current Report, Paul LaPier resigned as our Executive Vice President of Finance and Secretary of the Company.”

B. Todd Murcer was elected as Executive Vice President of Finance and Secretary at KonaTel, Inc..

“Also effective February 4, 2022, B. Todd Murcer was elected as our Executive Vice President and Secretary”

Paul LaPier resigned as Executive Vice President of Finance and Secretary at KonaTel, Inc..

“Effective February 4, 2022, which is the date of this Current Report, Paul LaPier resigned as our Executive Vice President of Finance and Secretary of the Company.”

Charles D. Griffin was appointed as President and Chief Operating Officer at KonaTel, Inc..

“Also effective January 1, 2022, Charles D. Griffin was elected as our President and Chief Operating Officer (the “COO”)”

D. Sean McEwen resigned as President at KonaTel, Inc..

“Effective January 1, 2022, D. Sean McEwen, our President, CEO and Chairman of the Board of Directors resigned as President and continues to serve as our Chairman and CEO”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.