Neonode Inc. filed SEC Form 8-K: Leadership Update, Other Events, Financial Statements and Exhibits
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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 April 5, 2025, Cecilia Edström notified Neonode Inc. (the “Company”) of her intention to resign as a Class I director of the Company for personal reasons, effective April 10, 2025. Ms. Edström’s resignation is not related to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
On April 9, 2025, the board of directors of the Company (the “Board”) elected Didier Schreiber a Class I director to replace Ms. Edström, effective April 10, 2025, upon Ms. Edström’s resignation. The Board also resolved to appoint Peter Kruk as the chair of the Compensation, Nominating and Governance Committee, effective upon Ms. Edström’s resignation.
In accordance with the Company’s current Non-Employee Director Compensation Policy (the “Policy”), Mr. Schreiber will receive cash compensation of $25,000 per year for his service on the Board.
There is no arrangement or understanding between Mr. Schreiber and any other persons pursuant to which he was elected as a director. In addition, he is not a party to any transaction, or series of transactions, required to be disclosed pursuant to Item 404(a) of Regulation S-K. There are no family relationships between Mr. Schreiber and any of the Company’s other directors or executive officers.
Item 8.01. Other Events
On April 10, 2025, the Company issued a press release announcing the appointment of Didier Schreiber as a new Class I Director. A copy of the press release is attached as Exhibit 99.1 hereto.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |
| 99.1 | Press Release of the Company dated April 10, 2025 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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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 thereunto duly authorized.
| Date: April 10, 2025 | NEONODE INC. | |
| By: | /s/ Fredrik Nihlén | |
| Name: | Fredrik Nihlén | |
| Title: | Chief Financial Officer | |
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