Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of Certain Officers On February 3, 2026, Ms. Paula Whitten-Doolin began serving as the General Counsel of Deep Isolation, Inc., the wholly-owned operating subsidiary of Deep Isolation Nuclear, Inc. (the “Company”). Ms.…
Filed Feb 9, 2026Accepted Feb 9, 2026, 2:29 PM ESTCIK 1918080Accession 0001213900-26-013602
Deep Isolation (OTCQB: DBHL) is the first company to undertake development of technologies for nuclear waste disposal in deep boreholes. When commercialized, Deep Isolation’s solution will offer a unique approach to help countries identify, plan for and complete the necessary steps to dispose of their nuclear waste inventories. With over 100 patents issued to date, Deep Isolation’s technology is being designed to leverage proven drilling practices to allow safe isolation of waste deep underground in horizontal, vertical, or slanted borehole repositories. Deep Isolation’s Universal Canister System was developed through a three-year project funded by the U.S. Department of Energy’s Advanced Research Projects Agency - Energy and is engineered to support integrated management of spent fuel and high-level radioactive waste from legacy and advanced reactors across storage, transportation, and eventual disposal. In January 2026, Deep Isolation launched a full-scale, at-depth deep borehole Commercialization Pilot for its solution at Cameron, Texas, in collaboration with the Deep Borehole Demonstration Center, Halliburton (NYSE: HAL), Amentum (NYSE: AMTM), NAC International (TYO: 7004), and Occlusion Nuclear Solutions.
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of Certain Officers
On February 3, 2026, Ms. Paula Whitten-Doolin began serving as the
General Counsel of Deep Isolation, Inc., the wholly-owned operating subsidiary of Deep Isolation Nuclear, Inc. (the “Company”).
Ms. Whitten-Doolin, age 46, brings more than fifteen years of experience
in corporate and legal affairs to the Company. She previously served as General Counsel, Chief Administrative Officer and Chief Compliance
Officer for Houston First Corporation. Before that, Ms. Whitten-Doolin served as General Counsel and Chief Compliance Officer for Ideanomics,
a multi-national publicly-traded electric vehicle and renewables corporation. She also served as Head of Legal Operations and Chief Legal
Counsel, North America for Neste and held senior legal roles at Schlumberger and MI SWACO, Cooper Industries/Eaton. Ms. Whitten-Doolin
currently serves as an independent director for Vuzix Corporation.
Ms. Whitten-Doolin, as General Counsel, will be one of the Company’s
named executive officers. Ms. Whitten-Doolin does not have any family relationship with any director, executive officer or person nominated
or chosen by the registrant. There are no related party transactions between Ms. Whitten-Doolin or any member of her immediate family
and the Company that would require disclosure under Item 404(a) of Regulation S-K.
The Company and Ms. Whitten-Doolin entered into the Company’s
standard form of indemnification agreement. This agreement requires the Company to indemnify Ms. Whitten-Doolin to the fullest extent
permitted by applicable law for certain liabilities to which she may become subject as a result of her service as an officer of the Company.
The foregoing summary of the indemnification agreement does not purport to be complete and is subject to, and qualified in its entirety
by, the full text of the form indemnification agreement, a copy of which is filed as Exhibit 10.5 to the Company’s Current Report
on Form 8-K filed with the SEC on July 28, 2025.
Compensatory Arrangements of Certain Officers
In connection with Ms. Whitten-Doolin’s appointment to serve
as General Counsel, she and the Company executed an offer letter of employment (the “Employment Offer Letter”). Pursuant to
the Employment Offer Letter, Ms. Whitten-Doolin is entitled to an annual base salary of $350,000, (ii) is eligible for a performance-based
target bonus of 50% of her annual base salary, (iii) and will be awarded 75,000 restricted stock units and 25,000 stock options subject
to the terms and conditions of the Company’s equity incentive plan and provided in the Employment Offer Letter and (iv) may participate
in the Company’s standard employee benefits program. Ms. Whitten-Doolin also entered into the Company’s Employee Confidential
Information and Inventions Assignment Agreement.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure
On February 3, 2026, the Company issued a press release announcing
Ms. Whitten-Doolin’s appointment. A copy of the press release is furnished as Exhibit 99.1 and incorporated herein by reference.
The information contained in this Item 7.01 and in the accompanying
Exhibit 99.1 are being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act
of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed
incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, unless expressly incorporated
by reference in such filing.
Item 9.01 Financial Statements
and Exhibits.
Exhibit Description
Number
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99.1 Press Release, dated February 3, 2026
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
Filed exhibits (1)
EX-99.1 (by filename) ea027615301ex99-1_deep.htm
Exhibit 99.1
Deep Isolation Appoints Paula Whitten-Doolin
as General Counsel
Whitten-Doolin brings extensive experience in
corporate governance, strategic transactions, and regulatory compliance to the role, as Deep Isolation advances its innovative nuclear
waste disposal technology
BERKELEY, CA, February
3, 2026 - Deep Isolation Nuclear, Inc. (“Deep Isolation” or the “Company”), a leading innovator in nuclear
waste disposal technology, today announced the appointment of Paula Whitten-Doolin as the Company’s General Counsel, effective immediately.
Ms. Whitten-Doolin brings more than 15 years of
experience in corporate and legal affairs to Deep Isolation, with deep expertise in the energy sector and advising publicly traded companies.
Most recently, she served as General Counsel, Chief Administrative Officer and Chief Compliance Officer for Houston First Corporation,
where she managed corporate governance, negotiated multimillion-dollar land deals, and provided strategic advice on multibillion-dollar
real estate projects. Prior to that role, she served as General Counsel and Chief Compliance Officer for Ideanomics, a multinational publicly-traded
electric vehicle and renewables …