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


           Appointment of Certain Officers; Compensatory Arrangements of Certain
           Officers.

On July 25, 2022, the Board of Directors of Industrial Human Capital, Inc. ("AXH" or the "Company"), appointed Manny Rivera, 47, to the position of CFO and Treasurer of the Company, effective immediately. Since May 24, 2022, Mr. Rivera has served as the acting CFO of ShiftPixy, Inc. ("ShiftPixy"), the parent of the Company's financial sponsor, ShiftPixy Investments, Inc. From June 2021 until his appointment as acting CFO of ShiftPixy, Mr. Rivera served as the Vice President of Accounting for ShiftPixy. Prior to joining ShiftPixy, Mr. Rivera was employed from July 2020 until June 2021 as Director of Financial Accounting Advisory Services for Eleven Consulting Group, a privately held financial consulting and accounting advisory firm. Before joining Eleven Consulting, he served from October 2014 through February 2020 as Financial Accounting Advisory Services Senior Manager for the worldwide accounting firm of Ernst & Young. Beginning in August 2003, he was employed by the worldwide accounting firm of KPMG, which he left as an Audit Senior Manager in September 2014. Mr. Rivera earned a bachelor's degree of Arts in Accounting, cum laude, from Inter-American University of San Juan, Puerto Rico, and is licensed as a Certified Public Accountant in Florida and Puerto Rico.

There is currently no agreement in place between the Company and Mr. Rivera with respect to his compensation, and the Company does not intend to pay any compensation to Mr. Rivera prior to the consummation of its initial business combination. Mr. Rivera currently earns annual compensation in his role as acting CFO for ShiftPixy of $194,606.

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