GHST World Inc. Announces Board and Officer Changes
Ticker: GHST · Form: 8-K · Filed: Dec 2, 2024 · CIK: 1121795
| Field | Detail |
|---|---|
| Company | Ghst World Inc. (GHST) |
| Form Type | 8-K |
| Filed Date | Dec 2, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $44,617 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, board-of-directors, executive-compensation
TL;DR
GHST World Inc. is shuffling its board and execs, effective Nov 26. Expect potential strategy shifts.
AI Summary
GHST World Inc. announced on November 26, 2024, changes in its board and officer composition. The filing details the departure of certain directors and officers, the election of new directors, and updates to compensatory arrangements for key executives. These changes are effective as of November 26, 2024.
Why It Matters
Changes in a company's leadership and executive compensation can signal shifts in strategy or operational focus, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in board and officer composition can introduce uncertainty regarding future strategy and operational direction.
Key Players & Entities
- GHST World Inc. (company) — Registrant
- November 26, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
FAQ
What specific roles have been affected by the departure of directors or officers?
The filing indicates the departure of certain directors and officers, but does not specify the exact roles affected in this summary.
Who are the newly elected directors?
The filing mentions the election of new directors but does not name them in the provided text.
What are the key changes in compensatory arrangements?
The filing notes updates to compensatory arrangements for certain officers, but the specifics are not detailed in this summary.
What is the effective date of these changes?
The changes reported in this 8-K filing are effective as of November 26, 2024.
What was GHST World Inc.'s former name?
GHST World Inc. was formerly known as Ghost Technology Inc., I A EUROPE GROUP INC, and GENERAL TELEPHONY COM INC.
Filing Stats: 672 words · 3 min read · ~2 pages · Grade level 9.6 · Accepted 2024-12-02 16:30:07
Key Financial Figures
- $44,617 — r. Castellazzi has advanced the Company $44,617.14, which are advances treated as deman
Filing Documents
- ghst_8k.htm (8-K) — 23KB
- 0001079973-24-001649.txt ( ) — 191KB
- ghst-20241126.xsd (EX-101.SCH) — 3KB
- ghst-20241126_lab.xml (EX-101.LAB) — 33KB
- ghst-20241126_pre.xml (EX-101.PRE) — 24KB
- ghst_8k_htm.xml (XML) — 3KB
02 Departure of Directors or Certain Officers;
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 12, 2024, GHST World, Inc. (the "Company") was informed of the death of its Chairman and President Esterino Castellazzi. Mr. Castellazzi has served as Chairman and President of the Company for many years. Mr. Castellazzi was a valued member of the Company and will be greatly missed. On November 26, 2024, the Company's Board of Directors appointed Mr. Esterino Castellazzi's son, Roberto Castellazzi, as President, as a director, and Chairman of the Company's Board of Directors. Mr. Castellazzi, 42, currently serves as Chief Operating Officer of the Company, a role he has held since November 2022. Mr. Castellazzi has served as the Chief Executive Officer of K&K Business Sagl since 2016, CM Inspection Sagl since 2020, Global Car International Sagl since 2020, and IPWAY Sagl since 2022. Further, Mr. Castellazzi has served as the President of SVA Group SA since 2023 and Vice President of Echos Management SA from 2020 until September 2024. Further, Mr. Castellazzi has served as a member of the board of directors of Green Capital Srl since June 2024. Mr. Castellazzi has also served as a Director, Chief Executive Officer, and Chairman of the Board of Directors of GHST Sport Inc., a wholly owned subsidiary of the Company, since 2019. Mr. Castellazzi has also served as a member of the board of directors of IoTT World Inc. and GHST World Art Inc. since 2019, and as a member of the board of directors of InSSIDe World Inc. since 2023, both wholly owned subsidiaries of the Company. There was no arrangement or understanding between Mr. Castellazzi and any other persons pursuant to which he was appointed as President or as a member of the Company's Board of Directors. During the current fiscal year, Mr. Castellazzi has advanced the Company $44,617.14, which are advances treated as demand loans.
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. GHST World Inc. Date: December 2, 2024 By: /s/ Edoardo Berti Riboli Name: Edoardo Berti Riboli Title: Chief Executive Officer