8-K: Current report
Published on June 5, 2025
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CURRENT REPORT
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of Erick J. Frim as Chief Financial Officer
On May 30, 2025, the Board of Directors of Apimeds Pharmaceuticals US, Inc. (the “Company”) appointed Erick J. Frim as Chief Financial Officer of the Company, replacing Mark Corrao.
Mr. Frim, age 67 , has over 40 years’ experience in financial management and operations, having served most recently as Interim Chief Financial Officer of Helio Corporation, an organization manufacturing space flight hardware, since December 2024. Mr. Frim also serves as a partner at CFO Squad, LLC, which he joined in 2019, where he is a member of the firm’s executive management team and oversees the firm’s SEC reporting and technical accounting practices. Mr. Frim has also held directorships at various other financial companies, including the SolomonEdwardsGroup, LLC where he served as the Director of Transaction and Regulatory Advisory Services from 2017 to 2019, and accounting firm EisnerAmper, LLP, where he served as an Audit Director from December 2004 to August 2017. Prior to his time at EisnerAmper, LLP, Mr. Frim served as the Vice President and Chief Financial Officer of DIVA Systems Corporation, an organization specializing in digital media products and services, from 1995 to 2003. In these roles, Mr. Frim directed and managed financial and accounting operations, services, and compliance. A former CPA, Mr. Frim earned his bachelor’s degree in Accounting from Ball State University. He also holds a master’s degree in Organization Dynamics from the University of Pennsylvania.
Mr. Frim has no familial relationships with any executive officer or director of the Company. Mr. Frim has not engaged in any transaction with the Company that would be reportable as a related party transaction under Item 404(a) of Securities and Exchange Commission Regulation S-K.
In connection with his appointment as Chief Financial Officer, the Company entered into a consulting agreement (the “Consulting Agreement”) with Mr. Frim on June 4, 2025. The Consulting Agreement provides for a base fee of $2,500 per month for eight hours of service with an additional fee of $250 per hour for work in excess of such amount. The Consulting Agreement has a term of one year.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: June 5, 2025 | ||
Apimeds Pharmaceuticals US, Inc. | ||
By: | /s/ Erik Emerson | |
Name: | Erik Emerson | |
Title: | Chief Executive Officer |