Business Context and Reporting Period
Company: MDB Capital Holdings, LLC (MDBH)
Filing Type: Form 8-K (Current Report)
Date of Report: June 2, 2025
Reporting Period: Event-based report regarding corporate governance changes effective June 30, 2025.
Key Financial Metrics
This filing is a current report regarding the departure of a director and does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The filing text does not provide a clear value for any financial metrics.
Material Changes
Corporate Governance Change:
- Resignation: Matthew Hayden notified the Board of Directors on May 28, 2025, of his intention to resign as a director.
- Effective Date: June 30, 2025.
- Committee Role: Mr. Hayden's resignation includes his role as a member of the Audit Committee.
- Reason: The resignation was not the result of any disagreement with the Company, its management, or the Board regarding operations, policies, or practices.
Guidance, Outlook, and Risks
Management Commentary: The Company confirmed that Mr. Hayden was provided a copy of this report and the opportunity to comment on the disclosure.
Risks and Contingencies: No specific financial risks, contingencies, or unusual items were disclosed in this filing. The filing does not contain updated guidance or outlook statements.
Investor Verification Checklist
- Verify the appointment of a replacement director to fill the vacancy on the Board and Audit Committee effective June 30, 2025.
- Confirm whether the resignation of an Audit Committee member impacts the Company's internal controls or audit oversight timeline.
- Review the attached Press Release (Exhibit 99.1) for any additional context regarding the resignation not included in the 8-K text.