Aeluma, Inc. Form 8-K Summary
Business Context and Reporting Period
Aeluma, Inc. filed this Current Report on Form 8-K on November 30, 2021, reporting events occurring on or around November 24 and November 30, 2021. The company is incorporated in Delaware and is an emerging growth company. No securities are registered under Section 12(b) of the Exchange Act.
Material Event
On November 24, 2021, the board of directors approved the appointment of John Paglia as an independent director. The board also approved an independent director agreement governing his compensation and other service terms. The agreement is filed as Exhibit 10.1.
The company stated that Mr. Paglia has no family relationship with any director or executive officer and has not participated in any transaction with the company during the preceding two years requiring disclosure under Item 404(a) of Regulation S-K.
Financial Metrics and Liquidity
This filing does not provide revenue, profit, cash flow, margins, debt, liquidity, operating results, or other financial metrics.
Guidance, Outlook, Risks, and Unusual Items
The filing contains no financial guidance, business outlook, material risk update, contingency disclosure, or unusual accounting item. A press release dated November 30, 2021, announcing Mr. Paglia’s appointment was filed as Exhibit 99.1.
Investor Verification Items
- Review Exhibit 10.1 for Mr. Paglia’s compensation, term, and other director-service provisions.
- Confirm the effective date and terms of the independent director appointment.
- Review Exhibit 99.1 for management’s announcement and any additional commentary.
- Note that the filing does not provide financial performance or liquidity information.