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Giftify (RSTN) reports resignation of Restaurant.com COO Balazs Wellisch

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

Rhea-AI Filing Summary

Giftify, Inc. reported a leadership change at its subsidiary Restaurant.com. Effective August 18, 2025, Balazs Wellisch resigned from his role as Chief Operating Officer of Restaurant.com. The filing does not describe any additional changes to Giftify’s executive team or broader operations, and the company remains listed on The Nasdaq Capital Market under the symbol GIFT.

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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): August 18, 2025

 

GIFTIFY, INC.

(Exact name of registrant as specified in its charter)

 

Delaware   001-42206   45-2482974
(State of other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)

 




1100 Woodfield Road, Suite 510

Schaumburg, IL

 

60173

(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (847) 506-9680

 

 

(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))

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock   GIFT   The Nasdaq Capital Market LLC

 

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 August 18, 2025, Balazs Wellisch resigned as Chief Operating Officer of Restaurant.com, a subsidiary of the registrant (“Giftify”).

 

Item 9.01 Financial Statements and Exhibits.

 

Exhibits

 

104Cover Page Interactive Data File.

 

-2-

 

 

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.

 

Date: August 22, 2025 Giftify, Inc.
   
  By: /s/ Ketan Thakker
    Ketan Thakker
    President and CEO

 

-3-

FAQ

What did Giftify, Inc. (RSTN) disclose in this 8-K filing?

Giftify, Inc. disclosed that on August 18, 2025, Balazs Wellisch resigned as Chief Operating Officer of Restaurant.com, which is a subsidiary of Giftify.

Which executive left Restaurant.com, the Giftify (RSTN) subsidiary?

Balazs Wellisch resigned from his position as Chief Operating Officer of Restaurant.com, a subsidiary of Giftify, Inc.

Does this Giftify, Inc. (RSTN) filing mention changes to the parent company’s CEO?

The filing identifies Ketan Thakker as President and CEO of Giftify, Inc., but it only reports the resignation of the Chief Operating Officer of Restaurant.com.

What is the relationship between Giftify, Inc. (RSTN) and Restaurant.com?

Restaurant.com is described as a subsidiary of Giftify, Inc., meaning it is a company controlled by Giftify.

On which exchange is Giftify, Inc. (RSTN) listed and under what symbol?

Giftify, Inc. lists its common stock on The Nasdaq Capital Market under the trading symbol GIFT.

Does the Giftify, Inc. (RSTN) 8-K include any financial results or earnings data?

No financial results or earnings data are described; the filing focuses on the resignation of the Chief Operating Officer of Restaurant.com.

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