10/17/2025 | Press release | Distributed by Public on 10/17/2025 14:39
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On October 15, 2025, Jeffrey William Lozinski, Founder, Chief Operating Officer, and Director of Kinetic Seas Incorporated, notified the Board of Directors of his resignation from all positions with the Company, effective the same day.
Mr. Lozinski stated in his resignation letter that he has accepted a position in sales and marketing that is more closely aligned with his experience and background. Because Kinetic Seas Incorporated is a potential client of his new organization, he determined that continuing to serve as an officer and director would present a conflict of interest. Mr. Lozinski also indicated that his relocation outside the State of Illinois would limit his ability to participate in the Company's daily operations.
A copy of Mr. Lozinski's resignation letter is attached hereto as Exhibit 17.1 and is incorporated herein by reference.
Section 9 - Financial Statements and Exhibits