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ASTC · Current Report (Form 8-K) · Filed October 23, 2025

Astrotech Corp — Current Report (Form 8-K)

Form
8-K
Filed
October 23, 2025
Period
Oct 17, 2025
Ticker
ASTC
Accession
0001437749-25-031631
Boardroom Alpha · Filing insights

Astrotech CFO Jennifer Canas resigns; separation benefits and covenants to be negotiated.

About Astrotech Corp
Market cap
$80M
1Y TSR
+71.9%
3Y TSR
−6.0%
Board grade
C-
Sector
Industrials
CEO
Thomas Boone Pickens III
Last annual meeting: Dec 12, 2025 · View full Astrotech Corp profile →
astc20251023_8k.htm
 


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
 

 
FORM 8-K
 

 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 
Date of report (Date of earliest event reported): October 17, 2025
 

 
logo.jpg
 
Astrotech Corporation
 
(Exact Name of Registrant as Specified in Charter)
 

 
Delaware
 
 001-34426
 
91-1273737
(State or Other Jurisdiction
of Incorporation)
 
(Commission
File Number)
 
(I.R.S. Employer
Identification No.)
   
2105 Donley Drive, Suite 100, Austin, Texas
 
78758
(Address of Principal Executive Offices)
 
(Zip Code)
 
(512) 485-9530
Registrants Telephone Number, Including Area Code
 
(Former Name or Former Address, if Changed Since Last Report)
 

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
 
Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
 
Trading
Symbol(s)
 
Name of each exchange on which registered
Common Stock, $0.001 par value per share
 
ASTC
 
NASDAQ Stock Market, LLC
 
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 


 
 

 
Item 5.02         Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
On October 17, 2025 (the “Effective Date”), Jennifer Canas delivered notice to the Board of Directors (the “Board”) of Astrotech Corporation (the “Company”) that she is resigning from her position as Chief Financial Officer, Treasurer and Secretary of the Company, effective immediately. The Company intends to negotiate a separation agreement with Ms. Canas to set forth certain separation benefits for Ms. Canas and provide for certain restrictive covenants in favor of the Company.
 
 

 
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: October 23, 2025
Astrotech Corporation
 
       
 
By:
/s/ Thomas B. Pickens III
 
   
Name: Thomas B. Pickens III
 
   
Chief Executive Officer, Chief Technology Officer and Chairman of the Board
 
 
 
 
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Reference

Frequently asked questions

When did Astrotech Corp file this 8-K?
Astrotech Corp (ASTC) filed this Current Report (Form 8-K) with the SEC on October 23, 2025. The accession number assigned by EDGAR is 0001437749-25-031631.
What does an 8-K disclose?
Form 8-K is the SEC's current-report form, used to disclose material events between periodic reports (10-K / 10-Q). Triggers include CEO/CFO departures, acquisitions, bankruptcies, earnings releases, auditor changes, changes in fiscal year, and amendments to corporate governance. Each 8-K is keyed to one or more Item numbers (1.01 through 9.01).
What is the key takeaway from this filing?
Astrotech CFO Jennifer Canas resigns; separation benefits and covenants to be negotiated. This is Boardroom Alpha's one-line summary of the current report; see the full filing text above for the formal disclosure.
What Item codes does an 8-K cover?
An 8-K's Item codes (1.01 through 9.01) specify what kind of event is being disclosed — e.g. Item 1.01 for entering a material agreement, Item 5.02 for departure/election of directors and executive officers, Item 8.01 for other events. The Item codes for this 8-K appear in the filing text above.
Where can I find Astrotech Corp's prior current reports on EDGAR?
The SEC EDGAR browser lists every 8-K Astrotech Corp has filed under CIK 1001907, sortable by date. Use the "View on SEC EDGAR" link in the page header, or browse directly via https://www.sec.gov/cgi-bin/browse-edgar.
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