Summary by Futu AI
On March 12, 2024, Minim, Inc. entered into a Merger Agreement with e2Companies LLC, as detailed in Amendment No. 24 to Schedule 13D filed with the SEC. This amendment also includes Jeremy P. Hitchcock's resignation as a director and officer of Minim, Inc. on August 2, 2024. The Schedule 13D amendment reflects changes in beneficial ownership by Jeremy P. Hitchcock, Elizabeth Cash Hitchcock, and associated entities such as Orbit Group LLC, Hitchcock Capital Partners, LLC, Zulu Holdings LLC, and Slingshot Capital, LLC. These entities collectively hold a significant portion of Minim's common stock, with Jeremy P. Hitchcock and Elizabeth Cash Hitchcock each disclaiming beneficial ownership except through specified entities. The filing also notes that these parties do not form a group with David Elliot Lazar and disclaim any shared beneficial ownership with him. The shares reported have been adjusted to reflect a reverse stock split effective April 17, 2023. The Schedule 13D amendment is supplemented by a Support Agreement with certain stockholders and is accompanied by the filing of a Current Report on Form 8-K on March 18, 2024.