Advanced $675,000 under the Series A Loan and Security Agreement.
| Officer | Age | In this role | Joined | Pay | Source |
|---|---|---|---|---|---|
|
Kevin O’Donnell
Also a director
Chief Executive Officer and Chairman
|
51 | Not stated | Not stated | Not reported | |
|
Brett Vroman
Chief Financial Officer
|
46 |
Since 2021
5 years
|
Not stated | Not reported |
Each officer opens the passage of the filing that names them. A title that changed since the list comes from the officer's latest Form 3, 4 or 5, and its start year is not stated there. "Not stated" means the filing does not say. Pay is the proxy's Summary Compensation Table, which reports only the named executive officers.
Each director opens the passage of the proxy that names them. "Not stated" means the proxy does not say; it never means "no". Pay is the proxy's Director Compensation table; the CEO is paid as an executive.
Advanced $675,000 under the Series A Loan and Security Agreement.
Board approved repayment of $300,000 owed to Nicholas Vassilakos.
Advanced $100,000 under the Series A Loan and Security Agreement at 15.00% per annum.
Board approved repayment of $200,000 owed to Mr. O’Donnell.
Advanced $100,000 under the Series A Loan and Security Agreement.
Board approved repayment of the Series A loan advanced by Mr. Jennings.
Advanced $100,000 under the Series B Loan and Security Agreement at 15.00% per annum, on the same terms as non-affiliated lenders.
Advanced $50,000 under the Series C Loan and Security Agreement at 18.00% per annum plus a 5.00% unused commitment fee; Forever 8 issued a $50,000 promissory note.
Advanced $100,000 under the Series C Loan and Security Agreement; Forever 8 issued a $100,000 promissory note.
Advanced $100,000 under the Series C Loan and Security Agreement; Forever 8 issued a $100,000 promissory note.
Received 121,792 shares of common stock in connection with amendments to the Seller Notes.
Holder of Seller Notes; with his affiliates received 800,000 shares of common stock on conversion of approximately $23,580,108 of principal and accrued interest under the Seller Note Termination Agreement.
Purchased 171,233 shares of common stock at $1.46 per share in the Company’s private placement, on the same terms as other purchasers.
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