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RiskOn International | 8-K: Current report

SEC announcement ·  Jan 30 06:00
Summary by Futu AI
On January 29, 2024, RiskOn International, Inc., a Nevada corporation, announced significant changes to its executive leadership. The company accepted the resignations of Randy May, its former Chairman and CEO, and Jay Puchir, its former CFO, effective the same day. Despite the resignations, Puchir agreed to stay on as Vice President until January 28, 2024, to assist with undisclosed responsibilities. The departures were not due to any disagreements with the company's operations, policies, or practices. Todd Ault was appointed as the new Chairman and CEO, bringing extensive experience from various executive roles, including his position at Ault Alliance, Inc. and Ault Disruptive Technologies Corporation. Additionally, William B. Horne and Steve J. Smith were appointed to the Board, and Kayson Pulsipher was named the...Show More
On January 29, 2024, RiskOn International, Inc., a Nevada corporation, announced significant changes to its executive leadership. The company accepted the resignations of Randy May, its former Chairman and CEO, and Jay Puchir, its former CFO, effective the same day. Despite the resignations, Puchir agreed to stay on as Vice President until January 28, 2024, to assist with undisclosed responsibilities. The departures were not due to any disagreements with the company's operations, policies, or practices. Todd Ault was appointed as the new Chairman and CEO, bringing extensive experience from various executive roles, including his position at Ault Alliance, Inc. and Ault Disruptive Technologies Corporation. Additionally, William B. Horne and Steve J. Smith were appointed to the Board, and Kayson Pulsipher was named the new CFO. Joseph M. Spaziano took on the role of COO, and Douglas Gintz was appointed as CTO. The company also disclosed that it could not proceed with the planned distribution of White River Energy Corp stock due to regulatory reasons and is exploring alternative ways to fulfill its intent to transfer shares to eligible shareholders. RiskOn International, Inc. is known for its ownership of BitNile.com, Inc. and the BitNile.com metaverse platform, which launched its beta on March 1, 2023.

This announcement is a separate document:

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