Nuo Therapeutics Inc.

10/10/2025 | Press release | Distributed by Public on 10/10/2025 06:30

Proxy Statement, 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 October 7, 2025, the Board of Directors of Nuo Therapeutics, Inc. (the "Company") and its Compensation, Nominating and Governance Committee (the "Committee") approved an increase in the salaries of David E. Jorden, Chief Executive and Financial Officer of the Company, and Peter A. Clausen, Chief Scientific and Operating Officer of the Company. Effective as of October 1, 2025 (the beginning of fourth quarter of 2025), the salary of Mr. Jorden is $325,000 and the salary of Mr. Clausen is $290,000. In approving the salary increases, the Committee considered, among other factors, the improvement in the Company's business and financial condition in 2025 compared to prior years.
Item 5.08 Shareholder Director Nominations.
To the extent applicable, the information in Item 8.01 of this Current Report on Form 8-K is incorporated by reference into this Item 5.08.
Item 8.01 Other Events.
On October 7, 2025, the Board of Directors of Nuo Therapeutics, Inc. (the "Company") determined that the Company's 2025 Annual Meeting of Stockholders (the "Annual Meeting") will be held at the Company's principal executive office at 8285 El Rio, Suite 190, Houston, Texas on December 16, 2025, or as otherwise set forth in the Company's notice and proxy statement for the Annual Meeting to be filed no less than 40 days prior to the Annual Meeting.
Stockholders of the Company who wish to have a proposal, including nominations of persons for election to the Board of Directors, considered for inclusion in the Company's proxy materials for the Annual Meeting must ensure that such proposal is received by, on or before the close of business on October 20, 2025, which date the Company has determined to be a reasonable time before it expects to begin to print and send its proxy materials, and which complies with the requirements of the Amended and Restated By-Laws of the Company (the "By-Laws"). To be eligible for inclusion in the proxy materials for the Annual Meeting, any such proposal must also meet the requirements set forth in the rules and regulations of the Securities and Exchange Commission and in the By-Laws. Proposals and notices must be in writing and received by the Company's Secretary, David Jorden, addressed to: Nuo Therapeutics, Inc. Board of Directors, Attn: Secretary, 8285 El Rio, Suite 190, Houston, Texas 77054.
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