INVE 8-K
INVE Technologies, Inc. (INVE)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
As previously disclosed, Kirsten Newquist, Chief Executive Officer and a member of the Board of Directors (the “Board”) of INVE Technologies, Inc. (the “Company”) has resigned from her position as Chief Executive Officer effective as of September 21, 2026 and from her position as a member of the Board effective September 30, 2026. Ms. Newquist will remain an employee of the Company through September 30, 2026.
On September 14, 2026, the Board appointed James Greenwell as Interim Chief Executive Officer of the Company (“Interim Chief Executive Officer”), effective as of September 21, 2026.
Mr. Greenwell, 67, most recently served as an advisor to a number of private companies. Prior to that, Mr. Greenwell served as Chief Executive Officer of Spectrum Labs, LLC, a consumer products company engaged in the development, manufacturing and distribution of proprietary products, from February 2023 to December 2025. From May 2022 to February 2023, Mr. Greenwell served as an advisor to a number of private companies. Prior to that, Mr. Greenwell served as President and as a member of the Board of Director of SpotLite360 IOT Solutions Inc. (OTC: SPLTF), a supply chain technology company providing asset tracking, tracing and collaboration solutions utilizing Internet of Things, mobile and radio-frequency identification technologies from February 2020 to May 2022. Prior to that, Mr. Greenwell served as Consulting Chief Operating Officer of CBD Global Sciences, Inc. (OTC: CBDNF), consumer products company engaged in product development and national distribution, from January 2019 to February 2020. Following the acquisition of Datria Systems, Inc. by Honeywell Technology Solutions (f/k/a Intelligrated) (NASDAQ: HON), Mr. Greenwell served as Vice President, Voice Product of Intelligrated. Prior to that, Mr. Greenwell served as Chairman and Chief Executive Officer of Datria Systems, Inc. Earlier in his career, Mr. Greenwell also served as Senior Vice President of Sales and Marketing at DecisionOne Corporation (formerly NASDAQ: DCON). Mr. Greenwell holds an M.B.A. from Saint Mary’s College of California and a B.A. in Business from Michigan State University.
Pursuant to a statement of work between the Company and Korn Ferry dated September 14, 2026 (the “SOW”), Mr. Greenwell will receive his compensation and benefits from Korn Ferry. In connection with the appointment of Mr. Greenwell as Interim Chief Executive Officer, the Company expects to pay Korn Ferry approximately $18,000 per week. Pursuant to the SOW, Korn Ferry will charge a non-refundable conversion fee if the Company hires Mr. Greenwell either during the term of the SOW or within twelve months of the SOW’s completion date. The initial estimated end date of the SOW is March 26, 2027. The Company may terminate the SOW upon two weeks’ written notice.
Except as described above, there is no arrangement or understanding between Mr. Greenwell and any other persons pursuant to which he was selected as an interim executive officer. Additionally, there are no family relationships between Mr. Greenwell and any of the Company’s directors or executive officers, and Mr. Greenwell has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
SIGNATURE
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 hereunto duly authorized.
| INVE Technologies, Inc. | ||||||
| September 18, 2026 | By: | /s/ Edward Kirnbauer | ||||
| Edward Kirnbauer | ||||||
| Chief Financial Officer | ||||||