King Resources Inc. Reports Officer and Director Changes
Ticker: KRFG · Form: 8-K · Filed: Apr 15, 2024 · CIK: 774415
| Field | Detail |
|---|---|
| Company | King Resources, Inc. (KRFG) |
| Form Type | 8-K |
| Filed Date | Apr 15, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $120,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: leadership-change, officer-appointment, director-election, financials
TL;DR
King Resources shakes up board and exec team, files financials.
AI Summary
On April 12, 2024, King Resources, Inc. announced changes in its officer and director positions. The company elected new directors and appointed new officers, alongside adjustments to its compensatory arrangements for certain key personnel. This filing also includes financial statements and exhibits.
Why It Matters
Changes in leadership and compensation can signal shifts in company strategy or financial health, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in directors and officers, especially without detailed explanations, can introduce uncertainty about the company's future direction and stability.
Key Players & Entities
- KING RESOURCES, INC. (company) — Registrant
- April 12, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
FAQ
What specific changes were made to the board of directors and officer positions?
The filing indicates the election of new directors and the appointment of certain officers, along with adjustments to compensatory arrangements, but does not list the specific names of individuals or the exact changes made in this section.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on April 12, 2024.
What is the Standard Industrial Classification (SIC) code for King Resources, Inc.?
The SIC code for King Resources, Inc. is 3612, which corresponds to POWER, DISTRIBUTION & SPECIALTY TRANSFORMERS.
What other items are included in this 8-K filing besides the director and officer changes?
This filing also includes Financial Statements and Exhibits.
What is the fiscal year end for King Resources, Inc.?
The fiscal year end for King Resources, Inc. is March 31.
Filing Stats: 809 words · 3 min read · ~3 pages · Grade level 10.3 · Accepted 2024-04-12 20:03:59
Key Financial Figures
- $120,000 — s as a director in the annual amount of $120,000. The foregoing descriptions of the Dire
Filing Documents
- kingresources_8k.htm (8-K) — 30KB
- kingresources_ex1001.htm (EX-10.1) — 195KB
- 0001683168-24-002364.txt ( ) — 437KB
- krfg-20240412.xsd (EX-101.SCH) — 3KB
- krfg-20240412_lab.xml (EX-101.LAB) — 33KB
- krfg-20240412_pre.xml (EX-101.PRE) — 22KB
- kingresources_8k_htm.xml (XML) — 3KB
01 Financial Statements and
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Director Agreement, dated April 5, 2024, by and between King Resources, Inc. and Wong Nga Yin Polin. 104 Cover Page Interactive Data File (embedded within the inline XBRL document). 2 SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. KING RESOURCES, INC. By: /s/ FU Wah Name: FU Wah Title: Chief Executive Officer Date: April 12, 2024 3