02/03/2026 | Press release | Distributed by Public on 02/03/2026 15:02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(b) Today, the Company announced that on February 1, 2026, Mr. Jeremiah Sparks announced that he was stepping down as the Company's Chief Commercial Officer to pursue other opportunities. Mr. Sparks' departure was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices. The Company thanks Mr. Sparks for his contributions and leadership during his tenure and wishes him success in his future endeavors. The Company has begun a national search for Mr. Sparks' replacement.
(e) In connection with his departure, described in Item 5.02(b) above, the Company and Mr. Sparks will continue to work together to ensure a smooth transition of the Company's commercial activities and for his continued support of a number of ongoing projects. To facilitate this, the Company entered into a Consulting Agreement with Mr. Sparks. Pursuant to the Consulting Agreement, Mr. Sparks will provide certain transition services to the Company for a term of 90 days. The Company will pay Mr. Sparks $4,000 per week for such services.