Safespace Global Corporation

06/15/2026 | Press release | Distributed by Public on 06/15/2026 07:16

Management Change/Compensation (Form 8-K)

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 15, 2026, SafeSpace Global Corporation., a Nevada corporation (the "Company") announced the appointment of Michael L. Hrynuik, as the Company's chief financial officer. Mr. Hrynuik's appointment as the Company's chief financial officer was effective as of June 15, 2026. The Company's prior principal accounting officer was Scott M. Boruff, who resigned on June 15, 2026.

Mr. Hrynuik, 55, is a senior finance and capital markets executive with more than 20 years of experience advising public and private companies on capital formation, mergers and acquisitions, strategic transactions, investor relations, and corporate finance. Prior to joining the Company, he was managing director at Reva Capital Markets since April 2026, senior managing director, head of equity capital markets at Freedom Capital Markets from August 2022 through April 2025, where he advised public and private companies on equity financings, strategic transactions, and capital markets initiatives and managing director at Deer Isle Capital from 2019 through 2022. Mr. Hrynuik has a bachelor in commerce degree from the University of Calgary and an MBA from Yale University. Mr. Hrynuik holds FINRA Series 7, 24, 63, and 79 licenses, as well as the Securities Industry Essentials (SIE) qualification.

There are no arrangements or understandings between Mr. Hrynuik and any other persons pursuant to which he was appointed as the chief financial officer of the Company. There are no family relationships between Mr. Hrynuik and any director, executive officer or any person nominated or chosen by the Company to become a director or executive officer. No information is required to be disclosed with respect to Mr. Hrynuik pursuant to Item 404(a) of Regulation S-K.

The Company also entered into an employment agreement with Mr. Hrynuik. The employment agreement with Mr. Hrynuik provides for, among other things, a grant of a restricted stock award for 2,000,000 shares of the Company's common stock, par value $0.000001 per share to be vested as per the schedule provided in the employment agreement. The employment agreement provides for, among other things, (i) a base monthly salary of $16,667 and (ii) an initial target annual bonus of 30% of his annual salary.

The foregoing summary of the employment agreement does not purport to be complete and is qualified in its entirety by the full text of the employment agreement, a copy of the which is attached to this Current Report on Form 8-K as Exhibit 10.1, and the terms of the such employment agreement are incorporated herein by this reference.

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