DEEP FISSION, INC.
For the period ended Dec 31, 2024. Filed Mar 28, 2025.
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FY2024 · Filed Mar 28, 2025
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Item 11. Executive Compensation
The following table sets forth the cash and other compensation paid by the Company to its officer and directors during the years ended December 31, 2024 and 2023.
| Name and Position | Year | Salary | Bonus | Option Awards | All other Compensation | Total |
|---|---|---|---|---|---|---|
| Ian Jacobs (1) | 2024 | None | None | None | None | None |
| President, Chief Executive Officer, Chief Financial Officer, Secretary and Director | 2023 | None | None | None | None | None |
| Mark Tompkins (2) | 2024 | None | None | None | None | None |
| Director | 2023 | None | None | None | None | None |
| (1) | Ian Jacobs was appointed to serve as a member of the Company’s board of directors and as its President, Chief Executive Officer, Chief Financial Officer and Secretary on December 10, 2021. |
| (2) | Mark Tompkins was appointed to serve as a member of the Company’s board of directors on December 10, 2021. |
The following compensation discussion addresses all compensation awarded to, earned by, or paid to the Company’s named executive officers. The Company’s officer and directors have not received any cash or other compensation since inception through the date of this filing. No compensation of any nature has been paid for on account of services rendered by an officer or director in such capacity.
It is possible that, after the Company successfully consummates a business combination with an unaffiliated entity, that entity may desire to employ or retain members of our management for the purposes of providing services to the surviving entity.
No retirement, pension, profit sharing, stock option or insurance programs or other similar programs have been adopted by the Company for the benefit of its employees. Furthermore, as there are no equity awards issued or contemplated to be issued by the Company at this time, there are no policies and practices related to the grant of certain equity awards close in time to the release of material nonpublic information pursuant to 402(x) of Regulation S-K.
Except as otherwise disclosed herein, there are currently no understandings or agreements regarding compensation our management will receive after a business combination.
Compensation Committee
The Company does not have a standing compensation committee or a committee performing similar functions.
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