CFO Jason Moos Resigns Amidst Company's Financial Collapse; Receives Significant Retention and Transition Payments
SBIG sits 17% above its 52-week low of $0.005 on elevated volume (2.7× avg).
Summary
SpringBig Holdings' CFO Jason Moos has resigned, following the recent departures of the CEO and COO, amidst the company's ongoing financial collapse and significant cash payments for his retention and transition services.
Key Events · Executive and Board Changes · SBIG
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CFO Resignation
Jason Moos resigned from his position as Chief Financial Officer, effective June 30, 2026. His resignation was not due to any disagreement with the company.
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Retention and Transition Payments
Mr. Moos received a one-time payment of $50,000 and a $37,500 advance for weekly $10,000 transition and consulting services, totaling $87,500 in immediate cash payments.
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Continued Leadership Exodus
This CFO departure follows the recent resignations of CEO Jaret Christopher (effective May 28, 2026) and COO James Cabral (effective June 16, 2026).
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Severe Financial Distress
The company continues to face a 'going concern' warning, has defaulted on $9.8 million in secured notes, and has lost control of its operating subsidiary to creditors.
Analysis · SBIG · Technology
The resignation of CFO Jason Moos marks the third C-suite departure in recent weeks, following the CEO and COO, as SpringBig Holdings faces severe financial distress. The company previously issued a 'going concern' warning, defaulted on $9.8 million in secured notes, and lost control of its operating subsidiary to creditors. The immediate cash payments of $87,500 to the departing CFO are substantial for a company with a market capitalization of approximately $268,000, highlighting the company's precarious financial state and the costs associated with its leadership transition during a critical period.
At the time of this filing, SBIG was trading at $0.01 on OTC in the Technology sector, with a market capitalization of approximately $268.3K. The 52-week trading range was $0.00 to $0.09. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.