NEONC TECHNOLOGIES HOLDINGS, INC. 8-K

What Happened

• NeOnc Technologies Holdings, Inc. filed an 8-K reporting the appointment of David Choi as Chief Accounting Officer, effective March 12, 2026. The company entered into an employment agreement that provides Mr. Choi a base salary of $162,500 per year and a grant of 170,000 restricted shares under the company's equity plan. The company issued a press release announcing the appointment on March 13, 2026.

Key Details

• Base salary: $162,500 per year.
• Equity award: 170,000 restricted shares granted as of start date.
  • 53,333 shares vested immediately on March 12, 2026.
  • 58,333 shares vest on the one-year anniversary of employment.
  • 58,334 shares are performance-based and vest only if specified metrics are met.
• Effective date of appointment and agreements: March 12, 2026.
• Mr. Choi (age 32) is a CPA with 10+ years’ experience, most recently Director at Blythe Global Advisors (Jan 2021–Mar 2026); prior roles at Grant Thornton and Ernst & Young.

Why It Matters

• This 8-K reports a senior finance hire that assigns responsibility for accounting, financial reporting, internal controls, and governance as NeOnc advances its clinical-stage biopharma work and expands operations. The compensation package includes a meaningful equity component (170,000 restricted shares) with immediate, time-based, and performance-based vesting, which investors typically watch for its impact on executive incentives and potential future share dilution. The filing also confirms there are no related-party or family relationships tied to the appointment.