Business Context and Reporting Period
This Form 8-K filing by Aeluma, Inc. (ALMU) is dated August 8, 2025. The report discloses a significant change in executive leadership, specifically the appointment of a permanent Chief Financial Officer (CFO) effective August 4, 2025.
Key Financial Metrics
The filing does not provide financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on personnel changes and compensation details.
Material Changes
- Executive Appointment: Christopher Stewart has been appointed as full-time CFO and Principal Accounting Officer, replacing James Seo, who served in an interim capacity.
- Compensation Structure: Stewart's compensation package includes an annual salary of $300,000, an option to purchase 110,000 shares of common stock, and 55,000 restricted stock units (RSUs).
- Background: Stewart brings prior experience as CFO at LeddarTech Holdings Inc., Bionano Genomics, Inc., and senior roles at Maxwell Technologies, Entropic Communications, and Intel.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, financial outlook, or discussion of risks and contingencies. Management commentary is limited to the rationale for Stewart's appointment, citing his qualifications and experience in leading companies through public market debuts.
Investor Verification Checklist
- Verify the terms of the employment agreement attached as Exhibit 10.1.
- Review the press release (Exhibit 99.1) for additional context on the leadership transition.
- Confirm the vesting schedules and exercise terms for the 110,000 stock options and 55,000 RSUs granted to the new CFO.
- Monitor future filings for the first financial report prepared under the new CFO's tenure.