Rivulet Entertainment (RIVF) CEO resigns as sole director, new board member named

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Rivulet Entertainment, Inc. reported a major leadership change. On April 9, 2026, Chief Executive Officer, Interim Chief Financial Officer and sole director Walter Geldenhuys appointed Michael Witherill to the Board of Directors and then resigned from all senior officer and board positions the same day. The company states his resignation was not due to a disagreement with the company. As of this report, the company has no separate audit, nominating or compensation committees, and Mr. Witherill has not been assigned to any such roles. During the two years ended June 30, 2025, Mr. Witherill provided film production services to the company and was paid $391,000, with $86,000 still outstanding as of the filing date.

Positive

None.

Negative

Leadership and governance concentration: The simultaneous resignation of the CEO, interim CFO and sole director and the absence of audit, nominating or compensation committees leave board and oversight functions concentrated in a single director.

Insights

Rivulet records a complete top-level leadership turnover to a single remaining director.

The company discloses that Walter Geldenhuys, previously CEO, interim CFO and sole director, appointed Michael Witherill as director and then resigned from all roles on April 9, 2026. This leaves Witherill as the only named director and signatory.

The filing notes the company has no separate audit, nominating or compensation committees, which concentrates oversight responsibilities in one individual. Additionally, Witherill provided film production services totaling $391,000 over two years, with $86,000 unpaid as of the filing, highlighting related-party and governance considerations.

The company states the resignation was not due to a disagreement, but the combination of single-director governance and past service payments means subsequent disclosures on board composition, committee formation and settlement of the $86,000 balance may be important for understanding future governance structure.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Key Figures

Services paid to Witherill: $391,000 Outstanding amount owed: $86,000 Common stock par value: $0.001 +1 more

4 metrics

Services paid to Witherill $391,000 Film production services during two years ended June 30, 2025

Outstanding amount owed $86,000 Unpaid portion of services to Witherill as of report date

Common stock par value $0.001 Par value per share of Rivulet Entertainment common stock

Commission file number 000-52390 SEC registration reference for Rivulet Entertainment

Key Terms

Emerging growth company, Board of Directors, audit, nominating or compensation committee, Expert Market, +1 more

5 terms

Emerging growth company regulatory

"Emerging growth company Item 5.02 Departure of Directors or Certain Officers"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Board of Directors financial

"appointed Michael Witherill to the Board of Directors of the Company"

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

audit, nominating or compensation committee financial

"the Company does not have a separate audit, nominating or compensation committee"

Expert Market market

"Common Stock, $0.001 par value | | RIVF | | Expert Market"

An expert market is a trading venue or segment where a designated professional or market maker actively runs the buying and selling process for certain securities, especially those that are complex or thinly traded. Like an auctioneer at a niche market who knows the products and keeps transactions flowing, the expert helps set fair prices and provide liquidity; for investors this affects how easily they can trade, the transparency of prices, and potential costs or risks when buying or selling.

Item 5.02 Departure of Directors or Certain Officers regulatory

"Item 5.02 Departure of Directors or Certain Officers; Election of Directors"

Understanding 8-K Material Events →

04/16/2026 - 07:30 AM

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): April 9, 2026

Rivulet Entertainment, Inc.

(Exact Name of Registrant as Specified in Charter)

Nevada

000-52390

98-0511932

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

7659 E. Wood Drive, Scottsdale, AZ 85260

(Address of Principal Executive Offices) (Zip Code)

(480) 704-4183

(Registrant’s telephone number, including area code)

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 class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.001 par value		RIVF		Expert Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b- 2).

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 April 9, 2026, Walter Geldenhuys, Chief Executive Officer, Interim Chief Financial Officer and sole member of the Board of Directors of Rivulet Entertainment, Inc. (the “Company”), appointed Michael Witherill to the Board of Directors of the Company. Subsequent to such appointment, on April 9, 2026, Mr. Geldenhuys resigned from his senior officer positions and from the Board of Directors of the Company. Mr. Geldenhuys did not resign as a result of a disagreement with the Company.

As of the date of this report, the Company does not have a separate audit, nominating or compensation committee. As such, Mr. Witherill has not been appointed to any specific committees. Further, during the two years ended June 30, 2025, Mr. Witherill provided certain film production services to the Company. In consideration for the services provided, Mr. Witherill was paid $391,000, of which $86,000 was still outstanding as of the date of the filing.

SIGNATURES

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

Dated: April 16, 2026

Rivulet Entertainment, Inc.

By:	/s/ Michael Witherill
Name:	Michael Witherill
Title:	Director

Source: View Original Filing on SEC EDGAR

FAQ

What leadership change did Rivulet Entertainment (RIVF) disclose on April 9, 2026?

Rivulet Entertainment disclosed that Walter Geldenhuys appointed Michael Witherill to the Board of Directors, then resigned as Chief Executive Officer, Interim Chief Financial Officer and sole director the same day. This left Witherill as the company’s only disclosed director and signing officer in the report.

Did Walter Geldenhuys resign from Rivulet Entertainment because of a disagreement?

The company states that Walter Geldenhuys did not resign as a result of a disagreement with Rivulet Entertainment. The filing notes his departure from senior officer positions and the Board on April 9, 2026, without describing any dispute or conflict as the reason for his resignation.

What board committees does Rivulet Entertainment (RIVF) currently have?

As of the report date, Rivulet Entertainment states it does not have separate audit, nominating or compensation committees. Because no such committees exist, new director Michael Witherill has not been appointed to any committee roles, concentrating governance responsibilities at the board level.

Who is Michael Witherill and what is his relationship with Rivulet Entertainment?

Michael Witherill was appointed to Rivulet Entertainment’s Board of Directors on April 9, 2026 and signed the report as director. Over the two years ended June 30, 2025, he also provided film production services to the company for payments totaling $391,000.

How much has Rivulet Entertainment paid Michael Witherill for services and what remains outstanding?

During the two years ended June 30, 2025, Rivulet Entertainment paid Michael Witherill $391,000 for film production services. The filing notes that $86,000 of this amount was still outstanding as of the date of the report, indicating an unpaid balance owed to him.

What stock market listing information does Rivulet Entertainment (RIVF) provide?

Rivulet Entertainment reports that its common stock, with a par value of $0.001 per share, trades under the symbol RIVF. The company states that the shares are quoted on the Expert Market, providing basic trading venue information for investors.

Filing Exhibits & Attachments

3 documents