I think this 8-K is huge bringing on board this new management team for BOXS which leads me to think that there must be some plan for growth that is about to be executed to justify their earlier news too:
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On July 21, 2022, the Board of Directors for the Company (the “Board”) received the Resignation of Mr. Andrew Boutsikakis from his positions as Chief Executive Officer and Director for the Company. A copy of this filing has been furnished to Andrew Boutsikakis who has provided no written correspondence in response to the filing. There are no disputes or disagreements between Mr. Boutsikakis and the Company.
Pursuant to the Resignation of Mr. Boutsikakis, on July 26, 2022, the Board unanimously approved and appointed Mr. Sebastian Lux to the position of Interim Chief Executive Officer. On the same date, the Board unanimously voted to increase the number of Directors on the Board to five (5), and subsequently approved and appointed Dr. Adam Lipson as a Director and Mr. David Graber as a Director for the Company.
Biographical Information
Sebastian Lux has over 25 years’ experience working with Multinational Companies. Currently, Mr. Lux is serving as co-founder of Blue Duck Data, a cloud- based analytical solutions provider for end-to-end supply chain analysis. Previously, Mr. Lux served from 2015 through 2020 as co-founder and Director of Supply Chain Logistics for Genuine Origin, a division of Volcafe & ED&F Man. He is a multilingual professional experienced in strategic planning for international operations, data analytics, financial modeling, logistics, purchasing, product development, supplier partnership management, process improvements, negotiations, e-business, and franchise development. Mr. Lux has experience in entrepreneurial ventures wherein he developed international supply chains for the distribution of coffee, food, and non-food goods, as well as created multiple U.S. market entry programs and brand development projects for new and existing companies. Mr. Lux earned an MBA in Entrepreneurship from Babson’s F.W. Olin Graduate School of Business, an MSAS in E-Commerce from Boston University, and a BA in Economics from Roanoke College.
Dr. Adam Lipson is currently managing partner as a neurosurgeon at IGEA Brain, Spine & Orthopedics in New York City and New Jersey, a private practice generating $30-40 million annual revenue with 75 employees. He has over a decade of experience as a private investor in over 20 biotechnology and biomedical device companies. He has co-founded several other companies, including IGEA Ventures and STRYDD. He is passionate about finding technologies that facilitate advances in energy transition, biomedical devices, and cancer therapeutics. Dr. Lipson is a graduate of Dartmouth College 1995 with a B.A. in Chemistry and History and Harvard Medical School M.D. Cum Laude and Honors Society in Neuroscience 2000, and was a Fullbright Fellow at Karolinska Institute in Stockholm, Sweden in 1999.
David Graber is the Managing Principal of Cobrador Capital Advisors, LLC, an investment management firm focused on Energy Transition, Consumer Products, and general Corporate Advisory. From February 2017 to November 2018, Mr. Graber was CEO and CFO of BoxScore Brands, Inc. Prior to Cobrador Capital Advisors, LLC, Mr. Graber was Managing Director, Investment Banking at New Century Capital Partners (2011-2014) and National Securities Corporation (2009-2010). From 1994-2005 Mr. Graber was a Sr. Vice President and Director in the Equities Division of Donaldson, Lufkin & Jenrette and subsequently, Credit Suisse First Boston (CSFB) in New York and Los Angeles. Mr. Graber holds dual Master of Business Administration (MBA) from Columbia University Graduate School of Business (2004) in New York City and London Business School in the UK (2004). He also holds a BA Psychology from Tulane University in New Orleans, LA.
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