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0001017655
0001017655
2025-10-15
2025-10-15
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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): October 15, 2025
(Exact Name of Registrant as Specified in Charter)
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Delaware
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0-28720
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73-1479833
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(State or Other Jurisdiction
of Incorporation
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(Commission
File Number)
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(IRS Employer
Identification No.)
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225 Cedar Hill Street Suite 200
Marlborough, Massachusetts
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01752
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrant’s telephone number, including area code: (617) 861-6050
(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 (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
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Type of each Class
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Trading Symbol(s)
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Name of each exchange on which registered
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Common
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PAYD
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Indicate by checkmark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) of 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.
☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On October 15, 2025, David Ogden resigned as a Director with PAID, Inc. (the “Company”). Mr. Ogden’s resignation letter is attached as Exhibit 17.1. Mr. Ogden states in his resignation letter that his resignation is not the result of any disagreement with the Company’s operations, policies or procedures.
Item 9.01. Financial Statements and Exhibits.
See Exhibit Index attached hereto.
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.
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PAID, INC.
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Date: October 16, 2025
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By:
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/s/ W. Austin Lewis, IV
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W. Austin Lewis, IV, President
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EXHIBIT INDEX
Exhibit 17.1
David Ogden 2233 Pinewoods Circle
Naples, Florida 34105
(239) 571-0183
October 15, 2025
VIA FED-EX & E-MAIL
Paid, Inc.
Andrew Pilaro
Laurie Bradley
225 Cedar Hill Street, Suite 200
Marlborough, MA 01752
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RE:
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Resignation from the Board of Directors of Paid, Inc.
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Dear Andrew and Laurie:
Pursuant to Article III, Section 6 of the Bylaws of Paid, Inc., as Amended and Restated through December 19, 2016, I write to tender my resignation from the Board of Directors of Paid, Inc. (the "Company,"), with such resignation to take effect immediately. My decision to resign from the Company's Board of Directors is not the result of any disagreement with the Company's operations, policies or procedures. .,
I wish the Company the best in future endeavors.
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Very Truly Yours, |
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David Ogden |
cc: Andrew H. Sauder, Esquire (via e-mail)
