Item 2.01. Completion of Acquisition or Disposition of
Assets.

On December 3, 2012, Spherix Incorporated (the "Company") sold all of the issued and outstanding capital stock of its consulting subsidiary, Spherix Consulting, Inc., to ChromaDex, Inc. for nominal consideration of less than $1,000.00.

Item 5.02. Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 30, 2012, the following individuals resigned as members of the Board of Directors of the Company:

Dr. Claire L. Kruger

Dr. Robert A. Lodder

Aris Melissaratos

Thomas B. Peter

On November 30, 2012, but effective as of December 3, 2013, Dr. Claire L. Kruger resigned as the Chief Executive Officer/Chief Operating Officer of the Company. In connection with Dr. Kruger's departure, the Company paid Dr. Kruger a severance of $310,801.00 pursuant to the terms of her employment agreement.

On November 30, 2012, but effective as of December 3, 2012, the Company appointed (i) Dr. Robert A. Lodder as the Company's Principal Executive Officer and (ii) Robert L. Clayton as Secretary of the Company. The Company also agreed with Mr. Clayton that (i) Mr. Clayton will remain as CFO of the Company through March 31, 2013 and (ii) the Company will pay Mr. Clayton a severance of $212,180 pursuant to the terms of his prior employment agreement.

Item 9.01. Financial Statements and Exhibits.

Exhibit 99.1 - Stock Purchase Agreement by and between Spherix Incorporated and ChromaDex, Inc.