VIVIC CORP. Reports Director, Officer, and Bylaw Changes
Ticker: VIVC · Form: 8-K · Filed: Oct 16, 2024 · CIK: 1703073
| Field | Detail |
|---|---|
| Company | Vivic Corp. (VIVC) |
| Form Type | 8-K |
| Filed Date | Oct 16, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, governance, bylaws
TL;DR
VIVIC CORP. filing shows leadership shakeup and bylaw changes.
AI Summary
VIVIC CORP. filed an 8-K on October 16, 2024, reporting events as of October 9, 2024. The filing indicates changes related to the departure and election of directors, appointment of officers, and compensatory arrangements. It also covers amendments to the company's articles of incorporation or bylaws and a change in its fiscal year.
Why It Matters
This filing signals potential shifts in the company's leadership and governance structure, which could impact strategic direction and operational oversight.
Risk Assessment
Risk Level: medium — Changes in directors and officers, along with bylaw amendments, can indicate internal restructuring or strategic shifts that may carry inherent risks.
Key Players & Entities
- VIVIC CORP. (company) — Registrant
- October 9, 2024 (date) — Earliest event reported
- October 16, 2024 (date) — Filing date
- Nevada (jurisdiction) — State of incorporation
FAQ
What specific changes were made regarding director departures and elections?
The filing indicates the departure of directors and the election of new directors, though specific names are not detailed in this excerpt.
Were there any new officer appointments?
Yes, the filing mentions the appointment of certain officers.
What is the nature of the amendments to the articles of incorporation or bylaws?
The filing states that amendments were made to the articles of incorporation or bylaws, but the specific details of these amendments are not provided in this excerpt.
Has VIVIC CORP. changed its fiscal year end?
Yes, the filing indicates a change in the company's fiscal year.
What is the primary business of VIVIC CORP. according to the filing?
VIVIC CORP. is classified under SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990].
Filing Stats: 541 words · 2 min read · ~2 pages · Grade level 11.7 · Accepted 2024-10-16 08:00:15
Filing Documents
- form8-k.htm (8-K) — 33KB
- 0001493152-24-041232.txt ( ) — 198KB
- vivc-20241009.xsd (EX-101.SCH) — 3KB
- vivc-20241009_lab.xml (EX-101.LAB) — 33KB
- vivc-20241009_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 3KB
From the Filing
UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (date of earliest event reported): October 9, 2024 VIVIC CORP. (Exact Name of Registrant as Specified in its Charter) Nevada 000-56198 80-0948413 (State or other jurisdiction of Commission IRS Employer Incorporation or organization) File Number Identification Number 187 E. Warm Springs Road Las Vegas , Nevada 89119 (Address of Principal Executive Offices) Registrant's telephone number: (702) 899 0818 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On October 9, 2024, Mr. Kun-Teng Liao resigned from the Board of Directors of Vivic Corp. (the "Company") and from his position as Secretary of the Company and all other positions he held in the Company. Mr. Liao's resignation was not due to any disagreement with the Company on any matter relating to the Company's operations, policies or practices. Mr. Liao was provided with a copy of this Report on Form 8-K and advised that if he so desired, any letter he might furnish to the Company with respect to his resignation would be filed as an exhibit to this Report. On October 9, 2024, the Board of Directors appointed Mr. Tse-Ling Wang to act as Secretary of the Company. Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year On October 9, 2024, the Board of Directors of the Company adopted a resolution changing the fiscal year end of the Company to June 30, effective June 30, 2024. Management believes the change will cause the Company's annual financial statements to more accurately reflect the Company's performance and facilitate the timely preparation of its periodic reports required to be filed with the Securities and Exchange Commission. The Company is in the process of preparing a report on Form 10-K for the year ended June 30, 2024. 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 hereunto duly authorized. Dated: October 16, 2024 VIVIC CORP. By: /s/ Shang-Chiai Kung Shang-Chiai Kung President and Chief Executive Officer