8-K
APPLIED ENERGETICS, INC. (AERG)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549
FORM 8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) January 28, 2026
APPLIED ENERGETICS, INC.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
| 001-14015 | 77-0262908 |
|---|---|
| (Commission File Number) | (IRS Employer Identification No.) |
| 9070 S Rita Road, Suite 1500, Tucson, Arizona | 85747 |
| --- | --- |
| (Address of Principal Executive Offices) | (Zip Code) |
(520) 628-7415
(Registrant’s Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (seeGeneral Instruction A.2. below):
| ☐ | Written communications pursuant to Rule 425 under the Securities<br>Act (17 CFR 230.425) |
|---|---|
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange<br>Act (17 CFR 240.14a-12) |
| --- | --- |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under<br>the Exchange Act (17 CFR 240.14d-2(b)) |
| --- | --- |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under<br>the Exchange Act (17 CFR 240.13e-4(c)) |
| --- | --- |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company: ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act: None
Item 1.01 – Entry into a MaterialDefinitive Agreement.
See disclosure under Item 5.02 below.
Item 5.02 – Departure of Directorsor Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Effective January 28, 2026, Applied Energetics, Inc. has appointed Warren Spector to serve as its Chief Financial Officer.
Mr. Spector, age 67, has served as the company’s Vice President of Finance since June 23, 2025, during which time he has led key initiatives to strengthen financial controls, reporting rigor, and operational discipline as we advance toward scaled commercialization and prepare for a potential uplisting to a national securities exchange. He brings decades of senior finance and operating leadership across public and private companies, with deep expertise in capital markets, mergers and acquisitions, complex transactions, and building finance organizations capable of meeting Sarbanes-Oxley (SOX) compliance and public-company governance standards. His background includes leading finance functions through periods of rapid growth, capital formation, and strategic transformation, including multiple successful M&A transactions and exits. Prior to joining the company, Mr. Spector served as Chief Financial Officer of Crossroads Live, a leading producer of large-scale theatrical entertainment, operating in the US, UK, Australia, and Asia. Prior to that, he served as Chief Financial Officer of Raycom Media, previously one of the largest US privately held local media companies, providing strategic finance leadership which contributed directly to its later acquisition by Gray Television for approximately $3.35 billion. He also serves on the Board of Directors of BroVo Spirits. Mr. Spector holds an MBA from UCLA's Graduate School of Management and a bachelor's degree in economics from UCLA. He is a CPA (inactive) and has extensive experience working with boards of directors, audit committees, lenders, and investors across both private-equity-backed and publicly traded companies.
As Chief Financial Officer, Mr. Spector is to oversee all finance, accounting, treasury, and reporting functions, including SOX readiness, audit and internal controls, and capital markets strategy, as Applied Energetics continues to position itself for broader market participation and increased institutional interest.
The company has entered into an Executive Employment Agreement with Mr. Spector setting forth the terms of his service as Chief Financial Officer. The agreement is for a term of three years and is renewable thereafter for sequential one-year periods. The agreement may be terminated by the company for “Cause” or by Mr. Spector for “Good reason” both of which terms are defined in the agreement. The agreement may also be terminated, without Cause or Good Reason, by either party upon ninety days’ written notice to the other. In the event of a termination of the agreement by Mr. Spector with Good Reason, or by us without cause, we must pay him any unpaid base compensation due as of the termination date, plus ninety days’ severance as well as any pro rata unpaid bonus and or expenses.
The agreement calls for (i) a cash salary of $300,000 per annum, payable monthly, and eligibility for a discretionary bonus within 60 days of the end of each year, and (ii) incentive stock options to purchase up to 575,000 shares of our common stock at an exercise price of $1.78 per share under the company’s 2018 Incentive Stock Plan. These options vest immediately as to the first 75,000 shares and then in four equal annual installments commencing on the first anniversary of the grant date as to the remaining 500,000. Mr. Spector also agreed to forfeit the options previously issued to him as VP Finance. The agreement also calls for expense reimbursement and standard benefits.
Item 9.01 Financial Statements and Exhibits.
| 99.1 | Executive Employments Agreement, dated as of January 28, 2026, by and between the company and Warren Spector |
|---|---|
| 99.2 | Press Release, dated January 29, 2026 -- Applied Energetics Appoints Warren Spector as Chief Financial Officer |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| APPLIED ENERGETICS, INC. | |
|---|---|
| By: | /s/ Christopher Donaghey |
| --- | --- |
| Christopher Donaghey | |
| President and | |
| Chief Executive Officer |
Date: February 3, 2026
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Exhibit 99.1
Executive Employment Agreement
This Executive Employment Agreement (the “Agreement”) is made and entered into as of January 28, 2026, by and between Warren Spector (the “Executive”), and Applied Energetics, Inc., a Delaware corporation (the “Company”) (collectively, the “Parties”).
RECITALS
WHEREAS, the Company is a corporation that specializes in the development and manufacturing of innovative directed energy solutions, ultra-short pulse lasers, and related technologies for the national security, biomedical, and advanced manufacturing markets (the “Business”) with shares of its common stock registered with the Securities and Exchange Commission and listed for trading on the OTCQB market;
WHEREAS, the Executive has the relevant background and experience to assume responsibility for the Company’s accounting and financial functions as its Chief Financial Officer; and
WHEREAS, the Company desires to employ the Executive as its Chief Financial Officer on the terms and conditions set forth herein; and
WHEREAS, the Executive desires to be employed by the Company as its Chief Financial Officer on such terms and conditions.
AGREEMENT
NOW, THEREFORE, in consideration of the mutual covenants, promises, and obligations set forth herein, the parties agree as follows:
1. Term. This Agreement and the Executive’s employment hereunder shall become effective as of January 28, 2026 (the “Effective Date”) and shall continue for an initial period of three years. Following such initial period, the Agreement shall automatically renew, upon the same terms and conditions, for successive periods of one year each until the Executive’s employment terminates pursuant to Section 5 of this Agreement. The period during which the Executive is employed by the Company hereunder is hereinafter referred to as the “Employment Term**.**”
- Position and Duties.
2.1 Position. During the Employment Term, the Executive shall serve as Chief Financial Officer of the Company. In such position, the Executive shall have such duties, powers, authority, and responsibilities as are set forth in this Agreement and as shall be determined from time to time by Executive and the Board of Directors, which duties, powers, authority, and responsibilities are consistent with the Executive’s position. The Executive shall maintain such professional credentials and satisfy any and all legal or regulatory requirements for the performance of his services under this Agreement. The Executive agrees to perform the services hereunder to the best of his ability in a diligent and conscientious manner, to devote appropriate time, energy and skill to those duties called for hereunder and to be available as deemed necessary by mutual agreement of the parties during the term of this Agreement.
2.2 Primary Duties. The Executive shall have primary responsibility for
(a) developing, executing and overseeing the Company’s accounting and financial strategy, including budgeting and monitoring of revenues, investment activities, costs and expenses, sources and uses of capital, and optimal financing structures;
(b) overseeing the Company’s accounting and bookkeeping functions, and preparation of financial statements and related reports to ensure timely and accurate filing of reports with the Securities and Exchange Commission;
(c) managing compliance with related legislation, including the Sarbanes Oxley Act of 2002, as amended, and regulations promulgated thereunder;
(d) providing information and other support to the Company’s executive team and the Audit Committee of the Company’s Board of Directors; and
(e) ensuring that the Board of Directors has current and accurate information regarding the Company’s financial condition and supplying them with any additional information needed for the exercise their fiduciary duty as directors.
2.3 The Company shall provide Executive with office space and a laptop computer, as needed for Executive to perform his duties.
3. Place of Performance. The principal place of the Executive’s employment shall be Arizona, and the Executive shall work an average of one to three weeks per month in the Company’s Tucson headquarters. The Executive may perform some of his duties from an offsite location, subject to reasonable approval of management or the Board of Directors the subject to his using a secure, NIST compliant connection to the Company’s information technology system. Executive may be required to travel on Company business during the Employment Term.
- Compensation.
4.1 Base Salary. The Company shall pay the Executive an annual base salary the (“Base Salary”) of $300,000 in periodic installments in accordance with the Company’s customary payroll practices and applicable Arizona wage payment laws, but no less frequently than semi-monthly. The Executive’s Base Salary may be increased from time to time by vote of the Company’s Board of Directors or Compensation Committee, if any.
4.2 Equity Compensation. The Company shall issue to the Executive, on the Effective Date, Incentive Stock Options to purchase up to Five Hundred Seventy-Five Thousand (575,000) shares of the Company’s common stock at an exercise price per share representing the fair market value on the Effective Date hereof by reference to the 20-day volume weighted average price of the common stock on the OTCQB. Such options shall be subject to vesting and become exercisable only during the term of Executive’s employment, vesting as to the first 75,000 shares upon the Effective Date, and vesting as to the remaining 500,000 shares in four equal annual installments commencing on the first anniversary of the Effective Date. Such options shall also have a term of ten years and be subject to the terms and conditions of the Company’s 2018 Stock Incentive Plan and the standard form of Incentive Stock Option Agreement thereunder. The Executive will be eligible to participate in the further grants of equity, commensurate with other members of the Company’s leadership team, in the sole discretion of the Board of Directors. The Executive hereby forfeits the incentive stock options to purchase 250,000 shares of the Company’s common stock, issued to him as of June 26, 2025, which from the date of this Agreement shall be of no further force or effect.
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4.3 Annual Bonus.
(a) For each calendar year of the Employment Term, commencing in 2026, the Executive shall be eligible to receive an annual bonus (the “Annual Bonus”) in an amount in cash or stock, if any, determined by the Board of Directors of the Company, in its sole discretion.
(b) The Annual Bonus, if any, will be paid within two and a half (2 1/2) months after the end of the applicable calendar year.
4.4 Expense Reimbursements. The Executive shall be entitled to reimbursement for all reasonable and necessary out-of-pocket business, entertainment, and travel expenses incurred by the Executive in connection with the performance of his duties under this Agreement. The payment(s) shall be made on the day of the next regular run of accounts payable following submission by Executive of a reimbursement request to the Company in accordance with the Company’s standard reimbursement policy.
4.5 Benefits. During the Employment Term, the Executive shall be entitled to benefits consistent with the practices of the Company and governing benefit plan requirements (including plan eligibility provisions). Notwithstanding the foregoing, during the Employment Term, the Company shall provide the Executive with benefits equal or better to those benefits provided to or received by Executive from the Company as the date this Agreement is executed.
(a) Employee Benefits. During the Employment Term, the Executive shall be entitled to participate in all employee benefit plans, practices, and programs maintained by the Company, as in effect from time to time (collectively, “Employee Benefit Plans”) to the extent consistent with applicable law and the terms of the applicable Employee Benefit Plans. The Executive may, in lieu of participating in the Company’s health insurance plan for himself and his immediate family, elect COBRA coverage from his prior employer, in which case, the Company will cover all premiums payable by the Executive for such coverage for a period of up to eighteen (18) months from the date of this Agreement or such shorter period as the Executive may be entitled to receive such COBRA benefits.
(b) Vacation and paid sick and family leave consistent with federal, state, and local laws and in an amount consistent with other executives in the Company but no less than four weeks of vacation leave in addition to paid sick leave as required by Arizona law.
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4.6 Indemnification.
(a) If the Executive is sued, criminally prosecuted, or brought under administrative action or investigation because of Employee’s service as an officer or director of the Company, the Company will indemnify and hold the Executive harmless to the maximum extent permitted under applicable law from and against any liabilities, costs, claims, and expenses, including all costs and expenses incurred in defense of any proceeding (including attorneys’ fees). The indemnification provided herein shall not apply to any dispute between the Executive and the Company or any of its affiliates with respect to this Agreement or the Executive’s employment hereunder. Costs and expenses incurred by the Executive in defense of such Proceeding (including attorneys’ fees) shall be paid by the Company in advance of the final disposition of such litigation and in no event more than 90 days after receipt by the Company of a written request for payment and appropriate documentation evidencing the incurrence, amount, and nature of the costs and expenses for which payment is being sought.
(b) During the Employment Term and for a period of six (6) years thereafter, the Company or any successor to the Company shall purchase and maintain, at its own expense, directors’ and officers’ liability insurance providing coverage to the Executive on terms that are no less favorable than the coverage provided to directors and similarly situated executives of the Company.
- Termination of Employment.
5.1 The Executive’s employment hereunder may be terminated by the Company at any time, effective immediately, for Cause. For purposes of this Section 5, the term “Cause” shall mean any (i) material breach of this Agreement by Executive which remains uncured for ten days following written notice thereof, (ii) gross negligence or willful misconduct by Executive in the performance of services hereunder, or (iii) any action taken by Executive which is reasonably likely to cast the Company in an unfavorable light or bring negative publicity to the Company.
5.2 This Agreement and Executive’s employment with the Company will terminate upon the Executive’s death or if the Executive becomes incapacitated by disability (as determined by a qualified medical professional). If this Agreement and Executive’s employment with the Company terminate by reason of death or disability, the Company shall pay to Executive’s designated beneficiary or, if no beneficiary has been designated by the Executive, to his estate, payment in an amount representing 90 days’ Base Salary under this Agreement immediately prior to the date of death or incapacitation. The foregoing payment shall be made to Executive’s designated beneficiary or, if no beneficiary has been designated by the Executive, to his estate in equal monthly installments for 90-day period following the date of death or incapacitation.
5.3 Either of the Parties may terminate this Agreement for any reason or no reason upon 90 days’ prior written notice to the other party delivered in accordance with Section 17 hereof.
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5.4 Executive may terminate his employment under this Agreement at any time, effective immediately, for “Good Reason.” “Good Reason” shall mean: (a) material breach of this Agreement by the Company which remains uncured for ten days following written notice thereof; (b) a material change to the services, duties, authority or responsibilities assigned to Executive under this Agreement, absent mutual agreement; (c) a change to Executive’s title, absent mutual agreement; (d) any reduction to the compensation and/or benefits stated in Section 4 hereof, absent mutual agreement or a general restructuring of compensation affecting all of management; (e) the Company becomes either insolvent or in non-SEC reporting “shell” status. or (f) a “change in control” (as hereinafter defined) of the Company. “Change in control” for purposes of this Agreement shall mean: the sale or disposition of more than 50% of the voting stock; a merger, consolidation, or share exchange that results in less than 50% of the voting stock remaining with the current owners; or a sale of all or substantially all of the assets of the Company.
5.5 If (a) the Company terminates the Executive’s employment for any reason other than Cause or (b) the Executive terminates his employment hereunder for “Good Reason,” then the Company shall pay to Executive severance pay in an amount representing 90 days’ Base Salary hereunder as of the date of such termination. In the event of a change in control, any unvested equity compensation awarded by the Company to Executive prior to the date of such change in control shall vest in full immediately prior to termination. The severance pay shall be paid to Executive in equal monthly payments for the 90-day period following the date of Executive’s termination.
Cooperation. The parties agree that certain matters in which the Executive will be involved during the Employment Term may necessitate the Executive’s cooperation in the future. Accordingly, following the termination of the Executive’s employment for any reason, to the extent reasonably requested by the Board, the Executive shall cooperate with the Company in connection with matters arising out of the Executive’s service to the Company; provided, however, that the Company shall make reasonable efforts to minimize disruption of the Executive’s other activities. The Company shall reimburse the Executive for reasonable expenses incurred in connection with such cooperation and, to the extent that the Executive is required to spend in excess of 20 hours per week on such matters, the Company shall compensate the Executive at an hourly rate of $550 per hour.
Confidential Information; Intellectual Property.
7.1 Executive understands that his relationship to the Company creates a relationship of confidence and trust with respect to any information of a confidential or secret nature that may be disclosed to Executive by the Company or by the business of any affiliate, customer or supplier of the Company or any other party with whom the Company agrees to hold information of such party in confidence (“Confidential Information”). Such Confidential Information includes but is not limited to plans, research, know-how, trade secrets, specifications, drawings, sketches, models, samples, data, technology, computer programs, documentation, relating to software, computer systems, source code, object code methodologies, product development, distribution plans, contractual arrangements, profits, sales, pricing policies, operational methods, technical processes, other business affairs and methods, plans for future developments and other technical and business information, including information related to inventions, which is not publicly available and can be communicated by any means whatsoever, including without limitation oral, visual, written and electronic transmission.
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7.2 At all times, both during the term of this Agreement and after its termination, Executive will keep and hold all Confidential Information in strict confidence and trust and will not use or disclose any of such Confidential Information without the prior written consent of the Company, whether such Confidential Information was obtained prior to or during the term of this Agreement. Upon termination of his relationship with the Company, Executive will promptly deliver to the Company all documents and materials of any nature pertaining to his work with the Company, and she will not take any documents or materials or copies thereof containing any Confidential Information, except as may be required for professional record keeping purposes. Executive represents and warrants that during any period prior to this Agreement in which he may have received or otherwise had access to Confidential Information, Executive did not disclose any such Confidential Information.
8. Non-Competition. During the term of this Agreement and for a period of six months following termination of his relationship with the Company for any reason, Executive will not, either alone or jointly with others or as an agent, consultant or employee of any person, firm or company, directly or indirectly, voluntarily or involuntarily, carry on or engage in any activity or business which is or may reasonably be in direct competition with the business of the Company or any of its affiliates, successors or assigns.
9. Non-Solicitation. During the term of this Agreement and for a period of one year following termination of his relationship with the Company for any reason, Executive will not, either alone or in association with others (i) solicit, divert, encourage or attempt to divert or take away the business or patronage of any of the clients, customers or business partners of the Company which were contacted, solicited or served by the Company or any of its affiliates during the one-year period prior to the termination or cessation of the Executive’s service to the Company; (ii) solicit, induce or attempt to induce, hire, recruit or attempt to hire, or engage or attempt to engage any person who was employed or otherwise engaged by the Company or any of its affiliates at any time during the term of this Agreement to terminate their employment or other engagement with the Company or any such affiliate.
10. Non-Contravention. The Executive hereby represents and warrants to the Company that nothing contained in this Agreement constitutes a breach of any other agreement or covenant to which the Executive is a party or by which he is bound, including without limitation, any covenant not to compete or confidentiality or similar agreement.
11. Governing Law; Jurisdiction and Venue. This Agreement, for all purposes, shall be construed in accordance with the laws of Arizona without regard to conflicts of law principles. Any action or proceeding by either of the parties to enforce this Agreement shall be brought only in a state or federal court located in the State of Arizona. The parties hereby irrevocably submit to the exclusive jurisdiction of such courts and waive the defense of inconvenient forum to the maintenance of any such action or proceeding in such venue.
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Entire Agreement. Unless specifically provided herein, this Agreement contains all of the understandings and representations between the Executive and the Company pertaining to the subject matter hereof and supersedes all prior and contemporaneous understandings, agreements, representations and warranties, both written and oral, with respect to such subject matter. The parties mutually agree that the Agreement can be specifically enforced in court and can be cited as evidence in legal proceedings alleging breach of the Agreement.
13. Modification and Waiver. No provision of this Agreement may be amended or modified unless such amendment or modification is agreed to in writing and signed by the Executive and the Company. No waiver by either of the parties of any breach by the other party hereto of any condition or provision of this Agreement to be performed by the other party hereto shall be deemed a waiver of any similar or dissimilar provision or condition at the same or any prior or subsequent time, nor shall the failure of or delay by either of the parties in exercising any right, power, or privilege hereunder operate as a waiver thereof to preclude any other or further exercise thereof or the exercise of any other such right, power, or privilege.
Severability. Should any provision of this Agreement be held by a court of competent jurisdiction to be enforceable only if modified, or if any portion of this Agreement shall be held as unenforceable and thus stricken, such holding shall not affect the validity of the remainder of this Agreement, the balance of which shall continue to be binding upon the parties with any such modification to become a part hereof and treated as though originally set forth in this Agreement. The parties expressly agree that this Agreement as so modified by the court shall be binding upon and enforceable against each of them. In any event, should one or more of the provisions of this Agreement be held to be invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provisions hereof, and if such provision or provisions are not modified as provided above, this Agreement shall be construed as if such invalid, illegal, or unenforceable provisions had not been set forth herein.
Captions. Captions and headings of the sections and paragraphs of this Agreement are intended solely for convenience and no provision of this Agreement is to be construed by reference to the caption or heading of any section or paragraph.
16. Counterparts. This Agreement may be executed in separate counterparts, each of which shall be deemed an original, but all of which taken together shall constitute one and the same instrument.
17. Notice. Notices and all other communications provided for in this Agreement shall be in writing and shall be delivered personally or sent by registered or certified mail, return receipt requested, or by overnight carrier to the parties at the addresses set forth below (or such other addresses as specified by the parties by like notice):
| If to the Company: | Attn: Christopher Donaghey, President and CEO |
|---|---|
| Applied Energetics, Inc. | |
| 9070 S. Rita Road, Suite 1500 | |
| Tucson, Arizona 85747 | |
| cdonaghey@appliedenergetics.com | |
| Copy to: Mary P. O’Hara, Esq. | |
| Applied Energetics, Inc. | |
| 9070 S. Rita Road, Suite 1500 | |
| Tucson, Arizona 85747 | |
| mohara@appliedenergetics.com | |
| If to Employee: | Warren Spector |
| 7221 78^th^ Avenue SE, | |
| Mercer Island, WA 98040 | |
| wspector@appliedenergetics.com. |
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Withholding. The Company shall have the right to withhold from any amount payable hereunder any federal, state, and local taxes in order for the Company to satisfy any withholding tax obligation it may have under any applicable law or regulation. If the Executive incurs any state or local income tax liability whatsoever by virtue of his performance of any obligation under this Agreement, the Company shall reimburse Executive for any such payment(s) he remits to any state or local taxing authority within 15 days of the date Executive submits the reimbursement request to the Company.
Acknowledgement of Full Understanding. The parties acknowledge and agree that they have fully read, understand and voluntarily enter into this Agreement. The parties acknowledge and agree they have had an opportunity to ask questions and consult with an attorney of his or its choice before signing this Agreement.
This Agreement will be binding upon and will be for the benefit of Employee’s heirs, personal representatives, executors, administrators and other legal representatives and the Company, its successors, and assigns.
[Signature page follows.]
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IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.
| COMPANY: | |
|---|---|
| Applied Energetics, Inc. | |
| By: | /s/ Christopher Donaghey |
| Name: | Christopher Donaghey |
| Its: | President and CEO |
| Date: | January 28, 2026 |
| EXECUTIVE: | |
| /s/ Warren Spector | |
| Name: | Warren Spector |
| Date: | January 28, 2026 |
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Exhibit 99.2
Applied Energetics Appoints Warren Spector asChief Financial Officer
TUCSON, AZ / ACCESS Newswire / January 29, 2026 / Applied Energetics (OTCQB:AERG), a leader in advanced directed-energy and ultrashort-pulse laser technologies, today announced the appointment of Warren Spector as Chief Financial Officer, effective January 28, 2026.
Mr. Spector has served as Vice President of Finance since June 23, 2025, during which time he has led key initiatives to strengthen financial controls, reporting rigor, and operational discipline as the Company advances toward scaled commercialization and prepares for a potential uplisting to a national securities exchange.
Mr. Spector brings decades of senior finance and operating leadership across public and private companies, with deep expertise in capital markets, mergers and acquisitions, complex transactions, and building finance organizations capable of meeting Sarbanes-Oxley (SOX) compliance and public-company governance standards. His background includes leading finance functions through periods of rapid growth, capital formation, and strategic transformation, including multiple successful M&A transactions and exits.
As Chief Financial Officer, Mr. Spector will oversee all finance, accounting, treasury, and reporting functions, including SOX readiness, audit and internal controls, and capital markets strategy, as Applied Energetics continues to position itself for broader market participation and increased institutional interest.
Mr. Spector holds an MBA from UCLA’s Graduate School of Management and a bachelor’s degree in economics from UCLA. He is a CPA (inactive) and has extensive experience working with boards of directors, audit committees, lenders, and investors across both private-equity-backed and publicly traded companies.
About Applied Energetics, Inc.
Applied Energetics, Inc. specializes in advanced laser and photonics systems, particularly fiber-based ultrashort pulse (USP) laser technologies. With 26 patents and 6 patents pending, Applied Energetics’ proprietary architecture enables orders of magnitude size-weight-power reductions, a key differentiator when compared with traditional continuous wave (CW) laser technology with larger footprints. AE’s powerful, dual-use systems are designed for integration and deployment on numerous potential defense platforms for the delivery of high-intensity, ultrashort pulses of light to disable or destroy a target. These technologies have applications in both national security and commercial markets. Today, AE’s USP optical technologies are being designed to offer flexibility and power for complex missions in national security such as enhancing layered defense strategies to counter complex threats.
For more information about Applied Energetics and its innovative technologies, please visit www.appliedenergetics.com.
Applied Energetics, Inc. Investor Information Contact:
Kevin McGrath, Managing Director
Cameron Associates, Inc.
kevin@cameronassoc.com
T: 646-418-7002
Forward-Looking Statements
Certain statements in this press release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include all statements that do not relate solely to the historical or current facts and can be identified by the use of forward-looking words such as “may,” “believe,” “will,” “expect,” “project,” “anticipate,” “estimates,” “plans,” “strategy,” “target,” “prospects,” or “continue,” and words of similar meaning. These forward-looking statements are based on the current plans and expectations of our management and are subject to a number of uncertainties and risks that could significantly affect our current plans and expectations, as well as future results of operations and financial condition and may cause our actual results, performances or achievements to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. We do not assume any obligation to update these forward-looking statements to reflect actual results, changes in assumptions, or changes in other factors affecting such forward-looking statements.