Lexaria Bioscience Corp 8-K, filed Jun 12, 2023
Lexaria Bioscience Corp. (LEXX)
About this 8-K
Lexaria Bioscience Corp filed this 8-K on June 12, 2023, reporting on events of June 6, 2023.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
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Item 5.02 | Departure of Directors or Certain Officers; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
Effective June 6, 2023, Mr. Gregory Downey was dismissed as the Company’s Chief Financial Officer. While the Company is actively seeking his replacement it is, in the interim, receiving the services of Mr. Mike Shankman as an outsourced CFO, via the Company’s engagement of NOW CFO, a third party provider of business financial services. Mr. Shankman is a Certified Public Accountant holding an MBA, Finance from California State University who has worked with NOW CFO since 2020. Mr. Shankman has extensive experience and familiarity with companies in the field of healthcare and biotechnology and does not have any family relationships with any other person employed or engaged by the Company nor been a party to any transaction with the Company exceeding $120,000. The Company’s Chief Executive Officer, Chris Bunka, will assume the role of principal financial officer at this time. Mr. Bunka will not be receiving any additional compensation is his role of principal financial officer.
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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 hereunto duly authorized.
LEXARIA BIOSCIENCE CORP. |
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/s/ Chris Bunka |
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Chris Bunka |
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CEO, Principal Executive Officer |
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Date: June 12, 2023
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