EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE I-ON Digital Corp. Announces Departure of Director Stephen C. Aust from Board to Pursue Philanthropy and Family Commitments CHICAGO, IL - May 2, 2025 - I-ON Digital Corp. (OTCQB: IONI), a pioneering developer of gold digitization and real-world asset (RWA) tokenization technologies, today announced that Stephen C. Aust has stepped down from the company’s Board of Directors, effective immediately. Mr. Aust’s departure comes as he chooses to refocus his time and energy on a number of meaningful personal endeavors, including philanthropic initiatives, deeper involvement with his church, and most importantly, supporting his wife as she navigates ongoing health matters. “Stephen has played an important role during a transformational period for I-ON,” said Carlos X. Montoya, Chairman and CEO of I-ON Digital Corp. “We are deeply grateful for his guidance and commitment to our vision. While we will miss his presence on the Board, we fully support his decision to prioritize faith, family, and giving back.” Mr. Aust will continue to serve as a third-party advisor to the Board and remain available as a strategic consult…
Open exhibit ↗Current Report · Items 5.02, 8.01, 9.01 · 8-K
I-ON Digital Corp.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Other Events
Item 5.02. Departure of Directors or Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Effective May 2, 2025, Stephen C. Aust resigned from the board of directors of I-ON Digital Corp (the “Company”) to pursue philanthropy and family commitments. The resignation was not due to any disagreement with the Company.
Company context
Current securities
Recent company filings
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory ArrangementsOct 8, 2026
- S-8 filingSep 17, 2026
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory ArrangementsSep 14, 2026
- 10-Q filingAug 19, 2026
- NT 10-Q filingAug 14, 2026
Disclosure sections
Item 5.02Item 5.02 - Departure/Election of Directors
Item
5.02. Departure of Directors or Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers
Effective
May 2, 2025, Stephen C. Aust resigned from the board of directors of I-ON Digital Corp (the “Company”) to pursue philanthropy
and family commitments. The resignation was not due to any disagreement with the Company.
Item 8.01Item 8.01 - Other Events
Item
8.01. Other Events
On
May 2, 2025, the Company issued a press release announcing the resignation of Stephen C. Aust as a member of the board of directors of
the Company effective May 2, 2025. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K