Business Context and Reporting Period
This Form 8-K Current Report was filed by Pattern Group Inc. on March 16, 2026. The filing addresses corporate governance changes regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
- Director Resignation: Daniel Gay resigned as a director and from all committee positions effective immediately on March 16, 2026.
- Reason for Departure: The resignation was for personal reasons and was not the result of any disagreements with the Company regarding operations, policies, or practices.
- Board Composition: The authorized number of directors was reduced from seven (7) to six (6).
- Committee Appointment: John Bailey was appointed to serve as a member of the Audit Committee.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or discussion of material risks and contingencies. Management commentary is limited to acknowledging Mr. Gay's participation in the 2020 fundraise and thanking him for his leadership.
Key Facts for Investor Verification
- Confirm the current composition of the Board of Directors following the reduction to six members.
- Verify the background and qualifications of John Bailey in his new role on the Audit Committee.
- Check for any subsequent filings regarding the election of a new director to fill the vacancy at the upcoming annual shareholder meeting.