Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 1, 2021, Everspin Technologies, Inc. (the "Company") announced that Anuj
Aggarwal, the Company's Interim Chief Financial Officer, will replace Aparna Oka
as the Company's principal accounting officer, effective immediately. Following
the change, Mr. Aggarwal will serve as both the Company's principal financial
officer and principal accounting officer. Ms. Oka had been serving as the
Company's principal accounting officer since April 16, 2021 and will continue to
serve as the Company's Corporate Controller.
Biographical information for Mr. Aggarwal can be found in the Company's
Current Report on Form 8-K, filed with the U.S. Securities and Exchange
Commission on May 4, 2021 , and is incorporated herein by reference.
There are no arrangements or understandings between Mr. Aggarwal and any other
person pursuant to which he was appointed to serve as the Company's principal
accounting officer. There are also no family relationships between Mr. Aggarwal
and any director or executive officer of the Company, and Mr. Aggarwal does not
have a direct or indirect material interest in any "related party" transaction
required to be disclosed pursuant to Item 404(a) of Regulation S-K.
As of the date of this Current Report on Form 8-K, no new compensatory
arrangements have been entered into with Mr. Aggarwal in connection with his
appointment as the Company's principal accounting officer.
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