Protagenic Therapeutics Inc. filed SEC Form 8-K: Leadership Update
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
| Date of Report (Date of Earliest Event Reported): |
| PROTAGENIC THERAPEUTICS, INC. |
| (Exact name of Company as specified in its charter) |
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
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| (Company’s telephone number, including area code) |
(Former name or former address, if changed since last report)
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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 July 18, 2025, the Board of Directors (the “Board”) of Protagenic Therapeutics, Inc. (the “Company”) voted unanimously to appoint Timothy R. Wright as a member of the Board, effective immediately and to serve as a Class II director, with a term to expire at the Company’s 2026 annual meeting of shareholders. The Board has determined that Mr. Wright is an “independent director” as defined in the Nasdaq Listing Rules. With the addition of Mr. Wright, the Board now has three independent directors.
Timothy R. Wright is the Executive Chairman of Isosceles, a position that he has held since April of 2019. Mr. Wright also serves as the President and CEO of BIORG, INC since November of 2023. Prior to these positions Mr. Wright was the CEO of MiMedX a regenerative medicine company. Mr. Wright also currently serves on the board of directors of Agenus Inc., which he has served on since 2006. In addition, Mr. Wright is the founder and previous Chairman of The Ohio State University Comprehensive Cancer Center Drug Development Institute . He also serves on the Advisory boards of Washington University Medical School and North Carolina Veterinary School Mr. Wright previously held several executive roles at Covidien (now Medtronic), Teva Pharmaceuticals Industries Ltd., DuPont Merck, Elan Bio-Pharmaceuticals, M2Gen Corp.
For his services as a director, Mr. Wright will participate in the Company’s standard compensation arrangements for non-employee directors, as described in the Company’s proxy statement on Schedule 14A filed with the Securities and Exchange Commission (the “SEC”) on January 3, 2025.
There are no arrangements or understandings between Mr. Wright and any other person pursuant to which Mr. Wright was selected as a director of the Company. Mr. Wright has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.
| PROTAGENIC THERAPEUTICS, INC. | ||
| Date: July 24, 2025 | By: | /s/ Alexander K. Arrow |
| Name: | Alexander K. Arrow | |
| Title: | Chief Financial Officer | |
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