Akili (AKLI) has released an update.
Akili, Inc. has strengthened its corporate governance by appointing John Spinale as a Class I director on its board, a move that bolsters the board’s independence in line with SEC and Nasdaq requirements. Spinale, who will serve on the Audit Committee, is set to receive both cash and equity compensation under the company’s policy for non-employee directors, including stock options for common stock. His term will extend until the 2026 annual stockholders meeting, and he has entered into a standard indemnification agreement with the company. This strategic appointment comes alongside Akili’s announcement of their financial results release for the fourth quarter and full year of 2023.
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