Posted 14 February, 2024
Atlantic Coastal Acquisition Corp. appointed new CEO
CEO Change detected for ticker Nasdaq:ACAH in a 8-K filed on 14 February, 2024.
On February 14, 2024, Anthony (Tony) Porcheron resigned as Chief Executive Officer of the Company and Khash-Erdene Gantumur resigned as Chief Financial Officer of the Company.
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of Atlantic Coastal Acquisition Corp.
Business/Consumer Services • Shell companies
Atlantic Coastal Acquisition Corp. is a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on December 7, 2020 and is headquartered in New York, NY.Market Cap
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Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On February 14, 2024, Dr. Chandra Panchal and Tseren Purev resigned as directors of the Company, which resignations were effective immediately. To the knowledge of the Company's executive officers, the resignations were not the result of any disagreement on matter relating to the registrant's operations, policies or practices. Dr. Panchal and Mr. Purev were members of the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee. On February 14, 2024, Anthony (Tony) Porcheron resigned as Chief Executive Officer of the Company and Khash-Erdene Gantumur resigned as Chief Financial Officer of the Company. Mr. Gantamur's resignation was effective immediately. Mr. Porcheron's resignation is effective February 15, 2024.
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