Business context and reporting period
LiqTech International, Inc. filed this Form 8-K on October 6, 2026, reporting a September 30, 2026 board appointment. This is an executive appointment disclosure, not a periodic financial-results filing; it provides no quarterly or annual operating results.
Key financial terms
- Interim CFO consultancy fee: DKK 200,000 per month, stated as approximately US$30,105 as of the report date.
- The agreement runs through March 31, 2027, and may be extended by mutual agreement.
- The filing provides no revenue, profit, cash flow, margin, debt, or liquidity figures.
Material change and management commentary
The board appointed Michael Schrøder as Interim Chief Financial Officer, effective November 1, 2026, or earlier if mutually agreed. He will provide services through his consulting company, LMMM Holding ApS, under an agreement with LiqTech’s wholly owned Danish subsidiary. Schrøder’s prior roles include CFO positions at Link Logistics, LEMAN, Deas, and Fitness World Group. The filing does not state why the appointment was made or identify a predecessor.
Outlook, risks, and contingencies
The consultancy may be extended only by mutual agreement. The filing gives no financial guidance or broader business outlook. It states that the agreement’s description is a summary and is qualified by the full agreement filed as Exhibit 10.1.
Important facts to verify
- Review Exhibit 10.1 for the full agreement terms, including any provisions not detailed in the filing summary.
- Confirm whether the appointment began on November 1, 2026, or an earlier mutually agreed date.
- Monitor whether the agreement is extended beyond March 31, 2027, and for any subsequent CFO appointment disclosures.