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Posted 13 March, 2024

Battery Future Acquisition Corp. appointed Fanghan Sui as new CEO

NYSE:BFAC appointed new Chief Executive Officer Fanghan Sui in a 8-K filed on 13 March, 2024.


  On March 7, 2024, following the above-referenced resignations, the Board of Directors of the Company appointed Fanghan Sui as Chief Executive Officer and Chairman of the Board of the Company and appointed Wei Qian as an independent director of the Company.  

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Overview of Battery Future Acquisition Corp.
Business/Consumer Services • Shell companies
Battery Future Acquisition Corp. is a blank check company, which engages in the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on July 29, 2021 and is headquartered in Miami, FL.
Market Cap
$220M
View Company Details
Battery Future Acquisition Corp. by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers, Compensatory Arrangements of Certain Officers. 


Resignation of Officers and Directors 


On March 7, 2024, Weiyi Zheng resigned as Chief Executive Officer and Chairman of the Board of Battery Future Acquisition Corp. (the "Company") and Shengming Shi resigned as a director of the Company. There were no disagreements between the Company and either Weiyi Zheng or Shengming Shi on any matter related to the Company's operations, policies or practices.


Appointment of Officers and Directors


On March 7, 2024, following the above-referenced resignations, the Board of Directors of the Company appointed Fanghan Sui as Chief Executive Officer and Chairman of the Board of the Company and appointed Wei Qian as an independent director of the Company. Wei Qian will serve on the audit, compensation and nominating committees of the Company. 


In connection with their appointments, the Company and each of Fanghan Sui and Wei Wian will enter into a standard form of indemnification agreement. Neither Fanghan Sui nor Wei Qian has a direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. 


Fanghan Sui has been involved in crafting and analyzing high-performance campaigns across various digital platforms since he joined Agency Within, LLC dba WITHIN, a global digital marketing firm, in 2021. His approach brings innovative solutions to marketing challenges, enhancing the digital presence of his clients. Mr. Sui received a Bachelor's degree in Communication from the University of California, Davis and a Master's degree in TESOL from the University of Pennsylvania.


Wei Qian has served as the Director of Capital Markets at Fusion Park, LLC, a US-based firm specializing in climate change tech investments and consulting, since March 2023. Mr. Qian's past roles include Interim CEO of Hemp Logic Inc., a US-based CBD company to spearhead its expansion in China, from August 2020 to May 2021, Director of Investment at Xingtong Capital, an investment fund within the Shanshan Group, from July 2015 to July 2017, and Vice Director of Investment at Transfar Holding Group, an investment company within Transfar Group, from July 2017 to August 2018. Mr. Qian's career began in 2011 and he has had experience in private equity and venture capital, focusing on TMT, healthcare, and climate tech sectors. Mr. Qian received a bachelor's degree from Shanghai Jiaotong University and an MBA from St. John's University.


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