UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Securities Exchange Act of 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
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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.
On December 12, 2024, the board of directors of the Company (the “Board”) approved the appointment of Torsten Hombeck to Chief Financial Officer, effective December 16, 2024. Dr. Hombeck will serve as the Company’s principal financial officer and principal accounting officer.
Dr. Hombeck, 55, most recently served as Chief Financial Officer of Aspira Women’s Health, Inc. from June 2023 until June 2024. Prior to this, Dr. Hombeck served as our Chief Financial Officer from October 2019 until June 2024. From August 2017 until April 2019, he served as Chief Executive Officer and Chief Financial Officer of Fagus GreCon, Inc. His previous positions include Chief Commercial and Strategy Officer and Managing Director at Promethera Biosciences, a private biopharmaceutical company, and Co-Chief Executive Officer and Chief Business Officer at Cytonet, where he played an integral role in its acquisition by Promethera in 2016. Dr. Hombeck also served as Chief Financial Officer at both Agennix and GPC Biotech. He holds a Masters in Business Administration and a Ph.D. in Finance from the EBS University of Business and Law, Ostrich-Winkel.
Dr. Hombeck will be entitled to an annual base salary of $300,000 per year, with a target bonus percentage of up to 100%.
There are no arrangements or understandings between Dr. Hombeck and any other persons pursuant to which Dr. Hombeck was appointed as Chief Financial Officer of the Company. In addition, there are no family relationships between Dr. Hombeck and any director or executive officer of the Company, and there are no transactions involving Dr. Hombeck requiring disclosure under Item 404(a) of Regulation S-K.
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.
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Akari Therapeutics, Plc |
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Date: December 16, 2024 |
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/s/ Samir R. Patel, M.D. |
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Samir R. Patel, M.D. |
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Interim President and Chief Executive Officer |