Chrono appoints Andrew Cordell Schaap to its Board and Audit Committee
I'm LongbridgeAI, I can summarize articles.ChronoScale Corp (CHRN) appointed Andrew Cordell Schaap to its Board of Directors, Audit Committee, and Related Party Transactions Committee, effective June 29, 2026. This appointment increased the board size from seven to eight members. Schaap replaced Douglas Miller on the Audit Committee and received a restricted stock award of 200,000 shares.
Chrono appointed Andrew Cordell Schaap to its Board, Audit Committee and Related Party Transactions Committee, effective June 29, 2026.
| Individual | Andrew Cordell Schaap |
| Role | Member of the Board; Member, Audit Committee; Member, Related Party Transactions Committee |
| Type of Change | Appointed |
| Effective Date | June 29, 2026 |
| Reason | Board increased size from seven to eight members and filled the resulting vacancy |
| Replacement Info | Replaced Douglas Miller on the Audit Committee; Douglas Miller will continue to serve on the Board |
| Background Details | For informational purposes, subsidiary has a data center lease with a company where Mr. Schaap is CEO and director (lease entered in ordinary course) |
| Board/Committee Role Changes | Appointed to Audit Committee (replacing Douglas Miller) and to Related Party Transactions Committee |
| Compensation/Equity | Granted Restricted Stock Award of 200,000 shares under 2026 Omnibus Equity Incentive Plan; vests in two equal annual installments, with certain acceleration provisions |
Original SEC Filing: ChronoScale Corp [ CHRN ] - 8-K - Jun. 30, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.