Key Highlights

• Moos receives a $50,000 one-time payment and will earn $10,000 per week for consulting services.

• A $37,500 advance was issued as part of the transition agreement.

• The departure includes standard non-compete and confidentiality clauses.

Leadership Shift Announced

SpringBig (OTC: SBIG), a cannabis‑focused loyalty and marketing platform, disclosed the resignation of its Chief Financial Officer, Jason Moos, effective June 30, 2026. The move marks a planned transition rather than a contentious exit, with no disputes over company operations or policies reported.

Transition Agreement Terms

Under a Key Employee Retention, Transition and Resignation Agreement signed on June 29, 2026, the executive will stay on payroll until July 11, 2026. After that date, he will render consulting services for a limited period to support the financial handover.

Compensation Breakdown

Moos received a one‑time payment of $50,000 upon his departure. In addition, a weekly consulting fee of $10,000 will be paid for his advisory work, and an advance of $37,500 has already been provided.

Legal and Operational Safeguards

The contract contains standard clauses on non‑disparagement, non‑solicitation and non‑competition, together with confidentiality and cooperation obligations, reflecting typical corporate governance practices in the cannabis industry.

Market and Sector Context

SpringBig operates in a fast‑growing segment that links cannabis brands with consumers through loyalty incentives and data‑driven marketing. Stability in senior leadership, especially in finance, is crucial as regulators tighten reporting requirements and competition intensifies among dispensary networks.

SEC Filing Details

The company intends to submit the agreement to the U.S. Securities and Exchange Commission in line with the reporting requirements of the Securities Exchange Act of 1934, enabling investors to review the terms once they become public.

Investor Considerations

The orderly handover may mitigate worries about abrupt leadership changes, although analysts may still examine how the CFO vacancy could influence the firm’s financial strategy. Monitoring the search for a permanent replacement will be important for market participants.

This article is for informational purposes only and does not constitute financial advice. Please consult a licensed financial adviser before making investment decisions.