Company: MITQ
Filing Date: 2025-03-28
Form Type: 8-K
Source: 0001558370-25-003899
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Company: MOVING iMAGE TECHNOLOGIES INC.
Filing Date: 2025-03-28
Form: 8-K
Item: Item 5.02
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 25, 2025, the Board of Directors (the “ Board”) of Moving iMage Technologies, Inc. cancelled the previously issued May 23, 2023250,000 share options at $1.10 per share to outside directors consisting of 50,000 each to Directors Katherine Crothall, Scott Anderson and John Stiska and as well as 100,000 options to CFO William Greene at $1.10 per share. The Board reissued the 250,000 options at $0.65 per share.

OnMay 26,2023, the Board granted either (i) 10,000 shares of t he Company's stock, or(ii) options for 10,000 shares at$1. 10 per share to each outside director Katherine Crothall, Scott Anderson and John Stiska. On March 25, 2025, the Board re-priced the $1.10 shares or options to$0.65 per share.

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 hereunto duly authorized.

                            Moving iMage Technologies, Inc.                               
  Date: March 28, 2025      By:                                  /s/ William Greene       
                            Name:                                William Greene           
                            Title:                               Chief Financial Officer