Business Context and Reporting Period
This Form 8-K Current Report was filed by Research Solutions, Inc. (Nasdaq: RSSS), a Nevada corporation, on April 5, 2021. The report covers events occurring on March 31, 2021, specifically regarding changes to the composition of 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 is a current event disclosure and does not contain financial statements or performance metrics.
Material Changes
The primary material change reported is the restructuring of the Board of Directors effective March 31, 2021:
- Resignation: Chad J. Cooper resigned as a member of the Board of Directors.
- Appointment: Eugene Vlad Robin was appointed to fill the vacant seat.
- Committee Assignments: Mr. Robin was appointed to serve on the Audit Committee, the Compensation Committee, and the Nominating and Governance Committee.
Management Commentary and Background
Management highlighted Mr. Robin's qualifications, noting he is a principal of Cove Street Capital (CSC), a registered investment adviser. He has been with CSC since its founding in 2011, became a principal in 2014, and serves as a Senior Analyst for Small Cap Value and Micro Cap Value strategies. The Board cited his investment analysis experience, software background, and security background as valuable assets for the company.
Key Facts for Investor Verification
- Verify the effective date of the Board changes (March 31, 2021).
- Confirm Eugene Vlad Robin's current role and tenure at Cove Street Capital.
- Review the updated Board composition and committee memberships in subsequent filings.
- Note that this filing contains no financial performance data; refer to the most recent 10-K or 10-Q for financial metrics.