x

Posted 12 August, 2022

Singularity Future Technology Ltd. appointed new CEO

CEO Change detected for ticker Nasdaq:SGLY in a 8-K filed on 12 August, 2022.


  On August 9, 2022, Mr. Yang Jie tendered his resignation from his positions as the Chief Executive Officer ("CEO") and director of Singularity Future Technology Ltd. (the "Company") to the board of directors of the Company (the "Board"), following the Board's decision on August 8, 2022, which adopted the Special Committee's recommendation that Mr. Jie be suspended immediately as the Company's CEO, pending the Special Committee's further investigation into allegations raised in the report of Hindenburg Research dated May 5, 2022 and other related matters.  

Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of Singularity Future Technology Ltd.
Transportation/Logistics • Transportation Services
Singularity Future Technology Ltd. engages in the provision of freight logistics services, which mainly include shipping, warehouse services, and other logistical support to steel companies. It operates through the Freight Logistics Services and Sale of Crypto-mining Machines segments. The company was founded by Lei Cao in 2001 and is headquartered in New York, NY.
Market Cap
$2.91M
View Company Details
Singularity Future Technology Ltd. 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


On August 9, 2022, Mr. Yang Jie tendered his resignation from his positions as the Chief Executive Officer ("CEO") and director of Singularity Future Technology Ltd. (the "Company") to the board of directors of the Company (the "Board"), following the Board's decision on August 8, 2022, which adopted the Special Committee's recommendation that Mr. Jie be suspended immediately as the Company's CEO, pending the Special Committee's further investigation into allegations raised in the report of Hindenburg Research dated May 5, 2022 and other related matters.