Convertible Working Capital Promissory Note with the Sponsor, initially $1.2 million, increased to $2.5 million by amendment; non-interest bearing; principal outstanding $1.9 million as of December 31, 2025
| Officer | Age | In this role | Joined | 2025 pay | Source |
|---|---|---|---|---|---|
|
Ben C. Hwang
Chairman of the Board; Chief Executive Officer
|
58 | Not stated | Not stated | $2,300,000 | |
|
Jack Stover
Also a director
Chief Executive Officer
Title from the Form 4 dated Aug 21, 2026
|
Not stated | Not stated | Not stated | Not reported | |
|
Fred Knechtel
Chief Financial Officer
|
65 |
Since 2025
1 year
|
Not stated | $685,801 | |
|
Bill McMillan
Co-founder, Chief Scientific Officer, and Head of Research
|
75 | Not stated | 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.
Convertible Working Capital Promissory Note with the Sponsor, initially $1.2 million, increased to $2.5 million by amendment; non-interest bearing; principal outstanding $1.9 million as of December 31, 2025
Conversion of the entire outstanding principal balance of the Note into 2,460,257 shares of common stock at $0.76 per share
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