Summary by Moomoo AI
On February 20, 2024, Minim, Inc., a technology company incorporated in Delaware and listed on the Nasdaq Capital Market under the trading symbol MINM, announced the appointment of David Lazar as the new Chief Executive Officer and Chief Financial Officer (CEO/CFO). This executive transition follows the resignation of the former CEO/CFO, Jeremy Hitchcock. The employment agreement with Lazar, which includes a base salary of $406,000 per annum to be deferred and accrued, also provides for eligibility for annual and special bonuses, as determined by the company's compensation committee. The term of the agreement spans three years. Further details of the agreement can be found in the full document attached as Exhibit 10.1 to the company's Form 8-K filing with the SEC.