ChronoScale Corp 8-K

What Happened

• ChronoScale Corporation (CHRN) announced that on June 29, 2026 its board increased from seven to eight members and appointed Andrew Cordell Schaap as a director, effective that same date.
• Mr. Schaap was also appointed to the Board’s Audit Committee (replacing Douglas Miller on that committee) and to the Related Party Transactions Committee, both effective June 29, 2026.
• The company disclosed the current board committee structure (Audit, Compensation, Nominating & Governance, and Related Party Transaction Committees) and the membership as of June 30, 2026.
• The company filed a Restricted Stock Award Agreement dated June 29, 2026 between ChronoScale and Andrew Schaap as Exhibit 10.1 to the 8-K.

Key Details

• Board size increased from 7 to 8 members; appointment effective June 29, 2026.
• Andrew Cordell Schaap named to the Audit Committee and the Related Party Transactions Committee.
• Exhibit 10.1: Restricted Stock Award Agreement between ChronoScale and Andrew Schaap (dated June 29, 2026).
• Committee structure and membership reported as of June 30, 2026 (Audit, Compensation, Nominating & Governance, Related Party Transaction).

Why It Matters

• A new director and changes to the Audit Committee are governance events investors watch because they affect oversight of financial reporting and internal controls.
• The restricted stock award filed as an exhibit documents compensation tied to the new director appointment.
• These are corporate governance disclosures (not financial results); investors should note the governance change and consult future filings for any material effects on operations, financials, or related-party matters.