Every material Form 8-K MANNATECH INC has filed with the SEC since September 01, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Mannatech's audit committee dismissed BDO USA as its independent auditor effective October 15, 2026, and engaged CBIZ CPAs for fiscal 2026. BDO's report on the 2025 financial statements included an explanatory paragraph on substantial doubt about the company's ability to continue as a going concern, and the filing states there were no disagreements or reportable events with BDO.
Audit committee approved BDO's dismissal and CBIZ's engagement on October 15, 2026.
BDO's 2025 audit report contained a going-concern explanatory paragraph; its 2024 report did not.
The filing reports no disagreements or reportable events with BDO in 2024, 2025 or the interim period through October 15, 2026.
BDO's letter on the change will be filed by amendment to this Form 8-K.
Mannatech told investors it believes it has regained compliance with Nasdaq's $2.5 million minimum stockholders' equity requirement, after a deficiency notice dated April 20, 2026. The claim rests on a pro forma adjustment tied to a share purchase agreement and a tax ruling, and the auditor review and Nasdaq's own view are still pending, so the listing outcome remains uncertain for shareholders.
Stockholders' equity was $(5,223,000) per the 2025 Form 10-K and $(4,970,000) as of June 30, 2026, per the Q2 Form 10-Q, against a $2,500,000 requirement.
Mannatech's share purchase agreement gives it 100% direct ownership of Mannatech Swiss Holdings GmbH, which the company says qualifies distributions for a 5% withholding tax rate.
Nasdaq will keep monitoring; if the 10-K for the year ending December 31, 2026 does not show compliance, the company may face delisting, with a right to appeal to a Nasdaq Hearings Panel.
The Q3 2026 Form 10-Q is expected on or before November 16, 2026, and the pro forma adjustment will be reviewed by the independent auditor.
Mannatech said J. Stanley Fredrick will retire from its Board and as Chairman effective September 1, 2026, citing personal reasons and no disagreement with the company. Robert Toth, the Board's Vice Chairman and a Class III director, was appointed Chairman effective the same date. The filing also sets out Toth's chairman pay and continues Fredrick's director retainer through December 31, 2026 to support the transition.
Fredrick notified the Board on August 26, 2026; his retirement takes effect September 1, 2026.
Toth joined the Board as Vice Chairman on December 1, 2024, and previously served on the Board from March 2008 through May 31, 2023.
Toth's first-year chairman pay includes $50,000 in additional annual compensation and an equity award valued at $50,000, with the grant deferred until shareholder approval allows enough shares.
From his second year, Toth receives an additional $100,000 chairman fee on top of standard director compensation.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every MANNATECH INC filing is on SEC EDGAR ↗. 8-K briefs of other companies →