CEO Veronika Kapustina's Final Departure Date Set, Non-Compete Waived in Separation Agreement

summarizeSummary

TON Strategy Co finalized CEO Veronika Kapustina's departure date as April 15, 2026, detailing her severance package and waiving her non-compete clause.

check_boxKey Events

• CEO Departure Date Finalized

  Veronika Kapustina's employment as CEO will officially end on April 15, 2026, following a mutual agreement. This follows the initial announcement of her transition on January 28, 2026.

• Severance Package Details

  Ms. Kapustina will receive a lump sum payment equal to 12 months of her base salary and a one-time $15,000 healthcare reimbursement, as well as up to $8,000 for legal fees.

• Non-Compete Clause Waived

  The company has waived the non-compete and other restrictions from her original employment agreement, allowing her to pursue other opportunities.

• Mutual Release and Cooperation

  The agreement includes a mutual release of claims and a clause for Ms. Kapustina to cooperate with the company for up to three months post-separation at a rate of $450 per hour.

auto_awesomeAnalysis

This amended filing provides the definitive departure date for CEO Veronika Kapustina, previously announced to be transitioning out. The detailed separation agreement outlines a severance package including 12 months of base salary and a $15,000 healthcare payment. Notably, the company has waived her non-compete clause, allowing her to pursue other opportunities without restriction. This finalizes a key leadership transition during a period of significant financial challenges and Nasdaq compliance issues for the company, providing clarity on executive leadership.