On September 29, 2020, CCUR Holdings, Inc. entered into an agreement with Brio Financial Services Group pursuant to which BRIO will provide Jonathan Tegge to serve as the Chief Financial Officer (the CFO) and also provide certain other specified financial and accounting services typically provided by a chief financial officer, which are describe more fully in the BRIO Agreement, “CFO Services). The term of the BRIO Agreement will run through June 30, 2021, unless terminated by either party upon 60 days prior written notice to the other party, pursuant to the terms of the Brio Agreement. On October 1, 2020, (the “Separation Date”), the Company and Warren Sutherland, the Company’s Chief Financial Officer, mutually agreed to terminate Mr. Sutherland’s employment with the Company (the “Termination”). In connection with the Termination, on October 1, the Company and Mr. Sutherland entered into a severance agreement and general release.
CCUR Holdings, Inc. operates in the financial services industry. The Companyâs subsidiary, Recur Holdings LLC, conducts, holds and manages real estate operations. The Company serves as a co-sponsor to Crixus BH3 Acquisition Company. The Company is further evaluating for acquisition purposes additional operating business and assets to maximize the value of its assets.
CCUR HOLDINGS, INC. 