Rivulet Entertainment, Inc. 8-K

What Happened
Rivulet Entertainment, Inc. (RIVF) filed an 8‑K reporting that on April 9, 2026 Walter Geldenhuys — who served as Chief Executive Officer, Interim Chief Financial Officer and was the sole member of the company’s Board — appointed Michael Witherill to the Board and then resigned from his officer roles and from the Board. The filing states Mr. Geldenhuys’s resignation was not due to a disagreement with the company. The 8‑K was filed April 16, 2026 under Item 5.02.

Key Details

• Appointment and resignation occurred April 9, 2026; 8‑K filed April 16, 2026.
• Mr. Geldenhuys was CEO, Interim CFO and the sole board member prior to his resignation.
• Michael Witherill previously provided film production services to the company during the two years ended June 30, 2025 and was paid $391,000 for those services; $86,000 remained outstanding as of the filing date.
• The company currently has no separate audit, nominating or compensation committees; Mr. Witherill has not been assigned to any committees.

Why It Matters
A combined CEO/CFO resignation and a change in the company’s sole director is a material governance event that may affect management continuity and oversight. Investors should note the related-party history and outstanding payable to the new director ($86,000), and the absence of standing board committees could affect financial oversight until a broader board or committee structure is established. Watch for subsequent filings disclosing the company’s new officers, board composition, committee appointments, and any related-party transaction disclosures.