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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.  

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Overview of Singularity Future Technology Ltd.
Transportation/Logistics • Transportation Services
Singularity Future Technology Ltd. is a global logistics and ship management services company. It provides tailored solutions and value-added services to its customers to drive efficiency and control in related steps throughout the entire shipping and freight logistics chain. It operates through the following segments: Shipping Agency and Management Services, Freight Logistics Services, and Container Trucking Services. The company was founded by Lei Cao on April 2001 and is headquartered in Great Neck, NY.
Market Cap
$7.97M
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.