Cyber App Solutions Corp. 8-K

What Happened
Cyber App Solutions Corp. filed a Form 8-K (Item 5.02) reporting that, effective March 9, 2026, the company’s Board of Directors appointed Fred W. Schoenhut as a director, expanding the board to four members. The filing notes Mr. Schoenhut brings over 40 years of leadership and governance experience in global commodities markets and related exchanges.

Key Details

• Appointment effective date: March 9, 2026; 8-K filed March 13, 2026.
• Board size increased to four directors.
• Mr. Schoenhut’s background: President of the Schoenhut Family Foundation; Principal at Royal Coffee New York, Inc. (1995–2020); founder/President of Copia Trading Co., Ltd. (1980–2008); Chairman of NYBOT (2002–2010); ICE Board member (2007–2010); B.S. in Electrical Engineering from Clarkson University.
• No arrangements or understandings regarding his selection; no family relationships with company officers or directors; no reportable related-party transactions under Item 404(a). He will receive the same compensation as the company’s other non-employee directors per the company’s 2024 proxy disclosures.

Why It Matters
The appointment adds senior governance and commodity-markets experience to Cyber App Solutions’ board and increases the board’s size to four, which may affect board committees and oversight capacity. The filing presents this as a standard, non-related-party director addition with the same pay terms as other non-employee directors, and it does not disclose any operational or management changes.