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Applied Energetics (OTCQB: AERG) sets new audit and pay committees

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Applied Energetics, Inc. reported that on September 25, 2025 its Board of Directors established two key governance bodies: an Audit Committee and a Compensation Committee. These committees are intended to oversee the company’s financial reporting and its executive and director compensation policies.

Both committees are composed of Bradford Adamczyk, Michael Alber and Scott Andrews. Scott Andrews will serve as Chairman of the Compensation Committee, and Michael Alber will serve as Chairman of the Audit Committee. The company states that, as formed, these committees meet the requirements of the Securities Exchange Act of 1934 and the OTCQB, even though the OTCQB does not currently require such committees. The company also notes it plans to adjust committee membership or charters in the future if needed to comply with applicable requirements.

Positive

  • None.

Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

 

FORM 8-K

 

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of report (Date of earliest event reported) September 24, 2025

 

APPLIED ENERGETICS, INC.
(Exact Name of Registrant as Specified in Its Charter)
 
Delaware
(State or Other Jurisdiction of Incorporation)

 

001-14015   77-0262908
(Commission File Number)   (IRS Employer Identification No.)

 

 9070 S Rita Road, Suite 1500, Tucson, Arizona   85747
(Address of Principal Executive Offices)   (Zip Code)

 

(520) 628-7415
(Registrant’s Telephone Number, Including Area Code)

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
N/A   N/A   N/A

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company:

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

Item 8.01 – Other Events

 

On September 25, 2025, Applied Energetics, Inc. established an Audit Committee and a Compensation Committee of its Board of Directors. Members of both committees include Bradford Adamczyk, Michael Alber and Scott Andrews, with Mr. Andrews serving as Chairman of the Compensation Committee and Mr. Alber as Chairman of the Audit Committee. As formed, these committees meet the requirements of the Securities Exchange Act of 1934, as amended, and the OTCQB (which currently does not require that the company have such committees). The company intends to make any changes to the membership or charters of such committees as may be required to comply with applicable requirements in the future.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

APPLIED ENERGETICS, INC.
     
  By: /s/ Christopher Donaghey
    Christopher Donaghey
    President and Chief Executive Officer
     
Date: September 29, 2025    

 

 

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FAQ

What governance change did Applied Energetics (AERG) disclose in this 8-K?

Applied Energetics disclosed that its Board of Directors established an Audit Committee and a Compensation Committee on September 25, 2025.

Who serves on the new board committees at Applied Energetics (AERG)?

Both the Audit and Compensation Committees include Bradford Adamczyk, Michael Alber and Scott Andrews as members.

Who chairs the Audit and Compensation Committees at Applied Energetics?

Michael Alber serves as Chairman of the Audit Committee, and Scott Andrews serves as Chairman of the Compensation Committee.

Do the new Applied Energetics committees meet regulatory requirements?

Applied Energetics states that the committees, as formed, meet the requirements of the Securities Exchange Act of 1934 and the OTCQB.

Is Applied Energetics required by the OTCQB to have these committees?

The company notes that the OTCQB currently does not require that it have such committees, even though they meet OTCQB requirements.

Can Applied Energetics change its committee membership or charters?

Yes. Applied Energetics indicates it intends to make any changes to committee membership or charters as may be required to comply with applicable requirements in the future.