Vivic Corp. Reports Director Changes and Compensation Adjustments
Ticker: VIVC · Form: 8-K · Filed: Jan 13, 2025 · CIK: 1703073
| Field | Detail |
|---|---|
| Company | Vivic Corp. (VIVC) |
| Form Type | 8-K |
| Filed Date | Jan 13, 2025 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 6 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, compensation
TL;DR
Vivic Corp. shakes up board, adjusts exec pay. Big changes coming?
AI Summary
Vivic Corp. announced on January 7, 2025, a change in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and directors, the election of new directors, and adjustments to compensatory arrangements for key executives. The company is incorporated in Nevada and its principal executive offices are located in Las Vegas.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, or financial outlook, impacting investor confidence.
Risk Assessment
Risk Level: medium — Changes in directors and executive compensation can indicate internal shifts that may affect future performance and stability.
Key Players & Entities
- Vivic Corp. (company) — Registrant
- Nevada (location) — State of Incorporation
- January 7, 2025 (date) — Date of earliest event reported
- 187 E. Warm Springs Road, Suite B450, Las Vegas, NV 89119 (location) — Principal Executive Offices Address
- (702) 899-0818 (phone_number) — Registrant's telephone number
FAQ
What specific roles have changed among Vivic Corp.'s directors and officers?
The filing indicates the departure of certain officers and directors and the election of new directors, though specific names and roles are not detailed in the provided excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on January 7, 2025.
Where are Vivic Corp.'s principal executive offices located?
Vivic Corp.'s principal executive offices are located at 187 E. Warm Springs Road, Las Vegas, Nevada 89119.
What is Vivic Corp.'s state of incorporation?
Vivic Corp. is incorporated in Nevada.
What is the SIC code for Vivic Corp.?
The Standard Industrial Classification (SIC) code for Vivic Corp. is 7990, which falls under SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION.
Filing Stats: 1,453 words · 6 min read · ~5 pages · Grade level 11.1 · Accepted 2025-01-13 10:43:47
Filing Documents
- form8-k.htm (8-K) — 46KB
- ex10-1.htm (EX-10.1) — 77KB
- ex10-2.htm (EX-10.2) — 76KB
- 0001493152-25-001885.txt ( ) — 403KB
- vivc-20250107.xsd (EX-101.SCH) — 3KB
- vivc-20250107_lab.xml (EX-101.LAB) — 33KB
- vivc-20250107_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
(a) of Regulation S-K
Item 404(a) of Regulation S-K. Item 9.01 Financial Statements and Exhibits. Exhibit No. Description 10.1 Employment Agreement dated January 7, 2025, by and between the Company and Tse-Ling Wang 10.2 Employment Agreement dated January 7, 2025, by and between the Company and Andy F Wong 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 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: January 13, 2025 VIVIC CORP. By: /s/ Tse-Ling Wang Tse-Ling Wang Chief Executive Officer