Nexscient Inc.

04/02/2026 | Press release | Distributed by Public on 04/02/2026 14:01

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.

EMS Consulting Services, Inc.

On March 31, 2026, the Company entered into a Consulting Agreement with EMS Consulting Services, Inc., an entity controlled by Mr. Eric Sherb (the "EMS Agreement"). Pursuant to the EMS Agreement, Mr. Sherb will provide financial and accounting services customarily performed by the chief financial officer of a publicly traded company. As consideration for such services, the Company will pay EMS Consulting Services, Inc. a monthly retainer of $5,000, and Mr. Sherb will receive a one-time grant of 36,000 shares of the Company's common stock, which will vest in equal installments over a six-month period. The EMS Agreement has an effective date of April 1, 2026, and may be terminated by either party at any time.

Appointment of Chief Financial Officer

In connection with the EMS Agreement, on April 1, 2026, the Board of Directors of Nexscient appointed Mr. Eric Sherb as the Nexscient's Chief Financial Officer. Mr. Sherb is a Certified Public Accountant with 19 years of experience in accounting, financial advisory, audit, and mergers and acquisitions. He brings to the Company substantial expertise in financial reporting, technical accounting, and strategic finance, with experience serving organizations ranging from early-stage startups to large public companies.

Mr. Sherb began his career at PricewaterhouseCoopers, where he served as a Senior Associate from 2011 to 2013. Following his tenure at PricewaterhouseCoopers, he served as an Audit Manager at RBSM LLP and as a Senior Manager at CFGI. He later held positions at mid-sized audit and consulting firms, where he advised clients across a broad range of industries and developed extensive experience in both assurance and advisory services. Mr. Sherb has significant experience in financial reporting and governance matters within the capital markets, including initial public offerings, direct listings, SPAC transactions, and de-SPAC transactions. He has also served as chief financial officer and financial consultant to several Nasdaq- and OTC-listed companies, most recently Scienture Holdings, Inc. (NASDAQ: SCNX).

Since October 2018, Mr. Sherb has served as the founder and owner of EMS Consulting Services, LLC, where he provides outsourced chief financial officer and accounting advisory services. His experience includes financial statement preparation and analysis, consolidations, financial modeling, management and investor reporting, bookkeeping oversight, and audit support.

Mr. Sherb has also advised on a wide range of complex transactions, including debt and equity financings, business combinations, and the preparation and filing of registration statements. In coordination with key stakeholders, including attorneys, underwriters, and transfer agents, he has helped companies establish and enhance their financial infrastructure through systems implementation, compensation planning, and the development of accounting policies, internal controls, and operational processes. Mr. Sherb holds a Bachelor of Business Administration in Accounting and Finance from Emory University.

There are no family relationships between Mr. Sherb and any of the Company's directors, executive officers, or persons nominated or chosen by the Company to become a director or executive officer. In addition, except for the EMS Agreement described above, there are no transactions involving Mr. Sherb requiring disclosure under Item 404(a) of Regulation S-K.

Nexscient Inc. published this content on April 02, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 02, 2026 at 20:01 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]