Company: SNWV
Filing Date: 2025-06-03
Form Type: 8-K
Source: 0001628280-25-029114
Chunk: 0

Company: SANUWAVE Health, Inc.
Filing Date: 2025-06-03
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 May 30, 2025, Nanci Gilmore, the Chief Commercial Officer of Sanuwave Health, Inc. (the “ Company”), was terminated without cause, effective as of the same date. P ursuant to her offer letter, dated January 11, 2023 (the “ Offer Letter”), subject to her execution, delivery and non-revocation of a release of claims and her compliance with the restrictive covenants in her Offer Letter, Ms. Gilmore is entitled to receive an aggregate o f $97,916.67 in ca sh, which is equal to five months of her annual base salary, payable in equal installments on the Company’s regular payroll schedule.

The foregoing description of the Offer Letter does not purport to be complete and is qualified by reference to the full text of the Offer Letter, which is filed hereto as Exhibit 10.1 and is incorporated herein by reference.

In connection with Ms. Gilmore’s termination, Dustin Libby joined the Company as Executive Vice President of Commercial Operations on June 3, 2025.

Item 7.01 Regulation FD Disclosure.