Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain officers; Compensatory Arrangements of Certain Officers.
On May 18, 2022, Mr. Jeffrey DeNunzio resigned as the Company's Chief Executive
Officer, Chief Financial Officer, President, Secretary, and Treasurer. He
remains a Director of the Company.
On May 18, 2022 Ms. Cassandra DeNunzio was appointed as the Company's Chief
Executive Officer, Chief Financial Officer, President, Secretary, Treasurer, and
Director. Ms. DeNunzio's appointment as Director is to be effective upon the
10th day after the mailing of the Company's information statement on Schedule
14f-1 to the Company's stockholders.
The resignations of Mr. Jeffrey DeNunzio were not the result of any disagreement
with the Company on any matter relating to its operations, policies, or
practices. There is no arrangement or understanding among the newly appointed
officers and directors or any other person pursuant to which they were appointed
as a director and officer of the Company.
Ms. Cassandra DeNunzio does not have a direct or indirect material interest in
any transaction required to be disclosed pursuant to Item 404(a) of Regulation
S-K. At this time, the Company does not have any written employment agreements
or other formal compensation agreements with our new officer and director.
Compensation arrangements are the subject of ongoing development and the Company
will disclose any compensatory arrangements entered into in the future.
The biographical information of Ms. Cassandra DeNunzio is below:
Ms. Cassandra DeNunzio, age 29, attended the University of New Hampshire on a
full merit-based scholarship and graduated Summa cum Laude with her Bachelor of
Science Degree in Electrical Engineering (BSEE) in 2014. In 2016, she received
her Master of Science Degree in Electrical Engineering (MSEE) from Columbia
University in the City of New York, and in 2019 she received her Master of
Business Administration (MBA) Degree from Arkansas State University. In February
of 2016, she took a position as an Electrical Engineer for Johnson Controls
International Plc (JCI), formerly Tyco Fire Protection Products. During her
tenure at JCI, Ms. DeNunzio designed and developed new technology products,
worked alongside approval agencies to test ground-breaking ideas, and assisted
customers in implementing solutions. Her accolades include presenting and
winning awards for her works at internal research conferences and receiving
recognition as an inventor on seven patent applications filed with the United
States Patent and Trademark Office (USPTO). Cassandra left her position at JCI
in October of 2020 and worked for Science Applications International Corporation
(SAIC) as a defense contractor. She held the position of Senior Electrical
Engineer for SAIC for about 9 months while working on projects and contracts for
the U.S. Navy. On August 22, 2021, Ms. DeNunzio founded Sparx Technologies, LLC,
an emerging fire protection technology company committed to developing
innovative products to protect businesses and building owners against highly
challenging fires. Ms. DeNunzio filed a provisional patent application on
January 28, 2022 with Sparx Technologies, LLC to protect the company's
commercial vision to employ software and electronics in fire sprinkler design.
Item 8.01 Other Events.
Following the appointment of Ms. Cassandra DeNunzio, the Company seeks to
explore business opportunities in the area of fire suppression technologies.
This may be in the form of licensing agreement(s), merger(s), acquisition(s), or
business combination transactions after which the Company would cease to be a
"shell" company.
ITEM 9.01. Financial Statements and Exhibits.
(d) Exhibits
NUMBER EXHIBIT
17.1 Officer and Director Resignation Letter
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