Neuralstem, Inc. (NASDAQ:CUR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Director or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On September 18, 2017, the board of directors (“Board”) of Neuralstem, Inc. (the “Company”) filled two vacancies in the Board with the appointments of Cristina Csimma, Pharm.D, MHP and Zhuo Zhang. to their respective appointments, the Board currently has 7 acting directors. Mr. Zhang has been designated the director of the Series A 4.5% Convertible Preferred Stock (“Series A Stock”) per his appointment by Tianjin Pharmaceuticals Group International Holdings Co., LTD (the sole holder of the Series A Stock). Dr. Csimma and Mr. Zhang will both serve as Class III directors until the Company’s 2020 annual shareholders meeting or until such time as they resign or are removed.

There are no family relationships among Dr. Csimma or Mr. Zhang and any of our executive officers or directors.

As compensation for their services on the Board, Dr. Csimma and Mr. Zhang will participate in the Company’s non-executive board compensation plan as described in the Company’s Current Report on Form 8-K filed on June 27, 2017.

About Neuralstem, Inc. (NASDAQ:CUR)

Neuralstem, Inc. (Neuralstem) is a clinical-stage biopharmaceutical company. The Company is engaged in research, development and commercialization of central nervous system therapies based on its human neuronal stem cells and its stem-cell derived small molecule compounds. The Company has approximately three assets: its NSI-189 small molecule program, its NSI-566 stem cell therapy program and its chemical entity screening platform. The Company’s technology allows the commercial-scale production of multiple types of central nervous system stem cells, which are under development for the treatment of central nervous system diseases and conditions. The Company is developing NSI-189 for the treatment of major depressive disorder (MDD) and other psychiatric and/or cognitive impairment indications associated with hippocampal atrophy. The Company’s NSI-566 is indicated for amyotrophic lateral sclerosis (ALS), chronic spinal cord injury and motor deficits due to ischemic stroke.