UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
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Securities Exchange Act of 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §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
As previously announced, Eric Francois, Chief Financial Officer of SCYNEXIS, Inc. (the “Company”), will resign to return to his prior career in investment banking. Mr. Francois will continue in his current role through November 19, 2021 (the “Transition Date”), to complete the Company’s third quarter reporting obligations and to facilitate a smooth transition to an interim chief financial officer.
On November 1, 2021, the Board of Directors of SCYNEXIS appointed Lawrence Hoffman, CPA, ESQ, of Danforth Advisors, LLC (“Danforth”) as interim Chief Financial Officer, effective as of the Transition Date. In connection with his appointment, Mr. Hoffman will serve as the Company’s principal financial officer and principal accounting officer. Prior to the Transition Date, Mr. Hoffman will serve as a consultant to SCYNEXIS pursuant to the Company’s consulting agreement with Danforth.
Mr. Hoffman, age 67, has served as chief financial officer to a number of public and privately held companies in industries including biotechnology and life sciences. Mr. Hoffman received a B.S. in Business Administration from La Salle University, a Masters of Law (Taxation) from Villanova University School of Law, and a J.D. from Temple University. He is a Certified Public Accountant in the state of Pennsylvania. Mr. Hoffman has no family relationships with any of the executive officers or directors of the Company. There are no arrangements or understandings between Mr. Hoffman and any other person pursuant to which he was elected as an officer of the Company.
Signature
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.
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SCYNEXIS, Inc. |
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Date: November 3, 2021 |
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By: |
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/s/ Marco Taglietti |
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Name: |
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Marco Taglietti, M.D. |
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Its: |
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Chief Executive Officer |