SafeSpace Global Corp 8-K

What Happened

• SafeSpace Global Corporation announced on June 15, 2026 that Michael L. Hrynuik (age 55) was appointed chief financial officer, effective June 15, 2026. The company’s prior principal accounting officer, Scott M. Boruff, resigned on the same date. Mr. Hrynuik joins with over 20 years of capital markets and corporate finance experience and holds a B.Comm (University of Calgary) and an MBA (Yale).

Key Details

• Appointment effective date: June 15, 2026; prior principal accounting officer Scott M. Boruff resigned same day.
• Compensation highlights in the employment agreement: a restricted stock award of 2,000,000 common shares (vesting per agreement), monthly base salary of $16,667 (about $200k/year), and an initial target annual bonus equal to 30% of annual salary.
• Professional background: most recently managing director at Reva Capital Markets (since April 2026); previously head of equity capital markets at Freedom Capital Markets (Aug 2022–Apr 2025) and managing director at Deer Isle Capital (2019–2022).
• Regulatory/other notes: Mr. Hrynuik holds FINRA Series 7, 24, 63, 79 and SIE qualifications; the company reports no family relationships or special arrangements requiring disclosure under Item 404(a) of Regulation S-K.

Why It Matters

• For investors, a permanent CFO appointment matters because the CFO leads financial reporting, capital markets strategy and investor communications. The deal includes a sizable equity grant (2,000,000 shares) and a performance bonus formula, which align part of his compensation with company performance and could affect dilution. The simultaneous resignation of the prior principal accounting officer signals a management transition that may affect near-term financial operations and disclosure processes. The full employment agreement is filed as an exhibit to the 8-K.