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[8-K] MARAVAI LIFESCIENCES HOLDINGS, INC. Reports Material Event

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

Rhea-AI Filing Summary

Maravai LifeSciences (MRVI) announced that three directors—Benjamin Daverman, Jessica Hopfield, PhD, and Murali Prahalad, PhD—voluntarily resigned effective October 21, 2025 as part of efforts to rationalize its Board size and reduce administrative costs. The Board will shrink from 11 to 8 directors effective October 27, 2025, and the company noted the departures were not due to any disagreement with management or the Board.

Following the changes, R. Andrew Eckert was appointed chair of the Nominating, Governance and Risk Committee and joined the Audit Committee, while Gregory T. Lucier joined the Nominating, Governance and Risk Committee. The Board also accelerated the vesting of all unvested restricted stock unit awards held by the departing directors as of the effective date.

Positive

  • None.

Negative

  • None.

Insights

Board downsized; routine governance reshuffle, neutral impact.

Maravai is consolidating its Board from 11 to 8 seats, with three voluntary resignations effective October 21, 2025. The company states no disagreements prompted the departures, framing this as an administrative streamlining.

Committee responsibilities were reassigned: R. Andrew Eckert now chairs Nominating, Governance and Risk and joins Audit; Gregory T. Lucier joins Nominating, Governance and Risk. Equity awards for departing directors had vesting accelerated as of the effective date.

This reads as a governance housekeeping action rather than a strategic shift. Actual impact depends on future disclosures about Board strategy and any subsequent director additions or policy changes.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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): October 21, 2025

Maravai LifeSciences Holdings, Inc.
(Exact name of registrant as specified in its charter)

Delaware001-3972585-2786970
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
10770 Wateridge Circle Suite 200
San Diego, California
92121
(Address of principal executive offices)(Zip Code)
(858) 546-0004
(Registrant’s telephone number, including area code)
Not Applicable
(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:
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 classTrading
Symbol(s)
Name of each exchange
on which registered
Class A Common Stock, $0.01 par valueMRVIThe Nasdaq Stock Market LLC
(Nasdaq Global Select Market)
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 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 21, 2025, as part of Maravai LifeSciences Holdings, Inc.’s (the “Company”) efforts to rationalize the size of its Board of Directors (the “Board”) and reduce administrative costs, Benjamin Daverman, Jessica Hopfield, PhD, and Murali Prahalad, PhD each agreed to voluntarily resign from the Board effective as of the close of business on such date (the “Effective Date”). In connection with their resignations, the Board reduced its size from eleven (11) to eight (8) directors, effective as of October 27, 2025. None of the resignations were related to any disagreement with the Company’s management, the Board or any committee of the Board on any matter related to the Company’s operations, policies or practices. The Company expresses its sincere thanks to Mr. Daverman, Dr. Hopfield, and Dr. Prahalad for their service on the Board and valuable contributions to the Company.

Effective upon Dr. Hopfield’s and Dr. Prahalad’s resignations from the Board, (i) R. Andrew Eckert was appointed chair of the Nominating, Governance and Risk Committee and as a member of the Audit Committee and (ii) Gregory T. Lucier was appointed as a member of the Nominating, Governance and Risk Committee.

In recognition of the departing directors’ past service on the Board, the Board accelerated the vesting of all unvested restricted stock unit awards held by the departing directors effective as of the Effective Date.



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 hereunto duly authorized.

MARAVAI LIFESCIENCES HOLDINGS, INC.
Date: October 27, 2025
By:
/s/ Rajesh Asarpota
Name:
Rajesh Asarpota
Title:Chief Financial Officer

Maravai Lifesciences Holdings, Inc.

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