Nexscient, Inc. 8-K

What Happened

• Nexscient, Inc. filed an 8-K (April 2, 2026) reporting that on March 31, 2026 it entered into a consulting agreement with EMS Consulting Services, Inc. (an entity controlled by Eric Sherb). The agreement is effective April 1, 2026. In connection with the agreement, the Board appointed Eric Sherb as Nexscient’s Chief Financial Officer effective April 1, 2026. Mr. Sherb is a CPA with 19 years of accounting, audit, and finance experience, including roles at PricewaterhouseCoopers and as founder of EMS Consulting Services.

Key Details

• Consulting Agreement date: March 31, 2026; effective April 1, 2026; terminable at any time by either party.
• Cash compensation: $5,000 monthly retainer paid to EMS Consulting Services, Inc.
• Equity compensation: one-time grant of 36,000 shares of Nexscient common stock, vesting in equal installments over six months.
• No family relationships or other reportable related-party transactions were disclosed between Mr. Sherb and the company.

Why It Matters

• The appointment establishes Nexscient’s chief financial officer role and brings in experienced accounting and capital-markets expertise to support financial reporting, controls, and transactional work.
• The financial commitment is modest in cash ($5,000/month) but includes an equity grant (36,000 shares) that may dilute existing holders as it vests over the next six months.
• The agreement is flexible (outsourced CFO via consulting firm and terminable at will), giving the company an option to scale or change its finance leadership with limited contractual constraints.