Item 5.02. Departure of Directors or Certain Officers; Election of Directors;


            Appointment of Certain Officers; Compensatory Arrangements of Certain
            Officers.

On June 23, 2022, Robert S. Gans submitted his resignation as General Counsel and Secretary of Industrial Human Capital, Inc. ("AXH" or the "Company"), the same to be effective June 30, 2022. The Board of Directors (the "Board") of AXH accepted Mr. Gans' resignation on June 24, 2022. His resignation was not in connection with any disagreement with the Company on any matter relating to the Company's operations, policies, or practices.

On June 24, 2022, the Board of AXH appointed Mark A. Absher, 60, to the positions of General Counsel and Secretary of the Company. On the same day the Board of ShiftPixy, Inc. ("ShiftPixy"), which is the corporate parent of the Company's financial sponsor, ShiftPixy Investments, Inc., appointed Mr. Absher to the positions of General Counsel and Secretary of ShiftPixy, effective June 30, 2022. Prior to this appointment, since November of 2021, Mr. Absher has served as Deputy General Counsel, Special Projects for ShiftPixy. Mr. Absher previously worked for ShiftPixy as its principal legal counsel from June of 2016 to February of 2019 and also served as a member of the ShiftPixy board of directors. From March 2019 to January of 2020, Mr. Absher served as the principal legal counsel for ChinaCache North America, Inc., the U.S. subsidiary of ChinaCache International Holdings Ltd., a Chinese content delivery network provider, and from January 2020 until November of 2021, Mr. Absher served as Associate General Counsel for Aten Technology, Inc., the U.S. subsidiary of ATEN International Co., Ltd., a Taiwanese multinational manufacturer of connectivity and access management hardware. Mr. Absher earned his Juris Doctor degree from The John Marshall Law School, now known as the University of Illinois Chicago School of Law. Mr. Absher holds licenses to practice law in Illinois and Tennessee. Mr. Absher is the brother of Scott W. Absher, the Company's Chairman and CEO, and also the Chairman and CEO of ShiftPixy and ShiftPixy Investments, Inc.

There is currently no agreement in place between the Company and Mr. Absher with respect to his compensation, and the Company does not intend to pay any compensation to Mr. Absher prior to the consummation of its initial business combination. Mr. Absher currently earns annual compensation as ShiftPixy's Deputy General Counsel, Special Projects of $240,000.

Item 9.01. Financial Statements and Exhibits






(d) Exhibits.

The following exhibits are filed as part of this report:





Exhibit Number       Description
104                  Cover Page Interactive Data File (embedded within the Inline
                     XBRL document)

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