Quarta Rad : Management Change/Compensation - Form 8-K
April 29, 2024 at 07:29 pm
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Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers
Alexey Golovanov
On April 29, 2024, Alexey Golovanov, age 45, resigned as a director and president of the Company, effective immediately. Victor Shvetsky, the Company's remaining director, appointed himself as President effective immediately. Mr. Golovanov's resignation did not result from a disagreement with the Company on any matter relating to the Company's operations, policies, or practices, including its controls of financial-related matters.
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Quarta-Rad, Inc. is a manufacturer and distributor of radioactivity detection equipment and air quality measurement instruments. Its products include a range of handheld radioactivity measurement devices, radon detection equipment and smartphone-based applications. It operates through two segments: Quarta-Rad and Sellavir. Its products include Radiation Detection Equipment, Radon Detection Equipment, EMI Detection Equipment, and Light and brightness Detection Equipment. Its Radiation Detection Equipment includes RADEX RD1503, RADEX RD1706, RADEX RD1008, RADEX RD1212, RADEX RD1212-BT and RADEX RD ONE. Its Radon Detection Equipment includes RADEX M107. Its EMI Detection Equipment includes RADEX EMI50. Its subsidiary includes Sellavir, Inc., an artificial intelligence (AI) company that leverages its knowledge in neural networks to provide customized AI and development services to its clients. Its services are focused on offering customized solutions for image processing.
QUARTA-RAD, INC. 
