Flywheel Advanced Technology Reports Officer and Director Changes
Ticker: FWFW · Form: 8-K · Filed: Aug 2, 2024 · CIK: 1492617
| Field | Detail |
|---|---|
| Company | Flywheel Advanced Technology, Inc. (FWFW) |
| Form Type | 8-K |
| Filed Date | Aug 2, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $120,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, compensation
TL;DR
Flywheel leadership shakeup and new pay deals filed.
AI Summary
On July 30, 2024, FLYWHEEL ADVANCED TECHNOLOGY, INC. reported changes in its board of directors and executive officers. The company also disclosed compensatory arrangements for certain officers. Specific details regarding the individuals involved and the terms of these arrangements were filed.
Why It Matters
Changes in a company's leadership and executive compensation can signal shifts in strategy or operational focus, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in directors and officers, along with compensatory arrangements, can indicate internal shifts that may carry associated risks.
Key Players & Entities
- FLYWHEEL ADVANCED TECHNOLOGY, INC. (company) — Registrant
- July 30, 2024 (date) — Date of earliest event reported
FAQ
What specific changes occurred regarding the directors or certain officers of FLYWHEEL ADVANCED TECHNOLOGY, INC. on July 30, 2024?
The filing indicates a reportable event concerning the departure of directors or certain officers, and the election of directors and appointment of certain officers.
Were there any new compensatory arrangements disclosed for officers?
Yes, the filing explicitly mentions 'Compensatory Arrangements of Certain Officers' as an item of disclosure.
What is the exact name of the company filing this report?
The exact name of the registrant is FLYWHEEL ADVANCED TECHNOLOGY, INC.
In which state was FLYWHEEL ADVANCED TECHNOLOGY, INC. incorporated?
FLYWHEEL ADVANCED TECHNOLOGY, INC. was incorporated in Nevada.
What is the Commission File Number for this filing?
The Commission File Number is 333-167130.
Filing Stats: 789 words · 3 min read · ~3 pages · Grade level 12.2 · Accepted 2024-08-02 17:27:03
Key Financial Figures
- $120,000 — articipant, the amount involved exceeds $120,000, and in which Mr. Luk had, or will have
Filing Documents
- form8-k.htm (8-K) — 42KB
- 0001493152-24-030108.txt ( ) — 209KB
- fwfw-20240730.xsd (EX-101.SCH) — 3KB
- fwfw-20240730_lab.xml (EX-101.LAB) — 33KB
- fwfw-20240730_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. FLYWHEEL ADVANCED TECHNOLOGY, INC. Dated: August 2, 2024 By: /s/ Luk Yuen Leung Name: Luk Yuen Leung Title: Chief Executive Officer and President