Gemaxel appoints Matthew Toboroff to board

Gemaxel Inc. reported a board change.

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Form Type

8-K

Rhea-AI Filing Summary

Gemaxel Inc. reported a board change. Effective July 1, 2026, Matthew Toboroff was appointed to the Board of Directors to fill the vacancy created by the passing of director Thom Kidrin. The filing also notes that his father, Leonard Toboroff, serves as Interim Chief Executive Officer and a Director.

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 Terms

Section 13 or 15(d), Item 5.02, Emerging growth company, Board of Directors

4 terms

Section 13 or 15(d) regulatory

"Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934"

Item 5.02 regulatory

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

Emerging growth company regulatory

"Emerging growth company [ ] [ ]"

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

"was appointed to our Board of Directors to fill a vacancy"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What board change did Gemaxel (WDDD) announce in this 8-K?

Gemaxel announced that effective July 1, 2026, Matthew Toboroff joined its Board of Directors. He fills the vacancy created by the passing of prior director Thom Kidrin, ensuring the company maintains a full board for oversight and governance responsibilities.

Who is Matthew Toboroff in relation to Gemaxel (WDDD) leadership?

Matthew Toboroff is a newly appointed director at Gemaxel and the son of Interim Chief Executive Officer and Director Leonard Toboroff. This relationship means two family members now hold key leadership roles, which investors may note from a governance perspective.

What prompted the new director appointment at Gemaxel (WDDD)?

The appointment of Matthew Toboroff was made to fill a vacancy on Gemaxel’s board created by the passing of director Thom Kidrin. The company used this 8-K to formally disclose the leadership change and the effective date of the new appointment.

When did the new Gemaxel (WDDD) board appointment become effective?

The board appointment became effective on July 1, 2026. From that date, Matthew Toboroff officially serves as a member of Gemaxel’s Board of Directors, replacing the seat left open after former director Thom Kidrin passed away, as disclosed in the filing.

Does the Gemaxel (WDDD) filing mention any other executive roles?

Yes. The filing notes that Leonard Toboroff, father of new director Matthew Toboroff, is Gemaxel’s Interim Chief Executive Officer and a Director. This highlights the family connection within senior leadership along with the board refresh following Thom Kidrin’s passing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/08/2026 - 09:50 AM EDT

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): July 1, 2026

GEMAXEL INC.

(Exact name of registrant as specified in its charter)

Delaware

000-284115

22-1848316

(State or other jurisdiction
of incorporation)

(Commission

File Number)

(IRS Employer
Identification No.)

4775 Collins Avenue, Miami Beach, FL	33140
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (917) 270-1187

Securities registered or to be registered pursuant to Section 12(b) of the Act: None

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))

Indicate by check mark whether the registrant is an emerging growth company as defined in 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.

Effective July 1, 2026, Mr. Matthew Toboroff was appointed to our Board of Directors to fill a vacancy created by the passing of Thom Kidrin. Mr. Toboroff’s father, Leonard, is our Interim Chief Executive Officer and a Director.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

	GEMAXEL INC.

	By:	/s/ CHRIS RYAN
		Chris Ryan, CFO
July 8, 2026

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

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