---
schema_version: "secwatch.filing_event.v1"
accession: "0001091818-25-000140"
form_type: "8-K"
ticker: "SNTW"
cik: "0001619096"
company_name: "Summit Networks Inc."
filed_at: "2025-10-17T23:59:59+00:00"
generated_at: "2026-05-17T03:23:58.821321+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Summit Networks appoints Lei Yang as independent director; two board members resign

## Summary
- Lei (Leila) Yang appointed independent director, Audit Committee Chair, and financial expert, effective Oct 12.
- Directors Youyang (John) Cheng and Xuezhi (George) Ma resigned Oct 15; resignations not due to disagreements.
- Jian Hua (James) Shu re-appointed independent director and Vice Chair of Audit Committee effective Oct 15.
- Bylaws amended to allow virtual meetings, require annual meeting within 120 days of year-end, quorum 1/3.
- Ms. Yang receives C$200 document fee per filing and C$3,000 annual stipend; no cash retainer or equity.

## SEC filing metadata
- accession: 0001091818-25-000140
- form_type: 8-K
- ticker: SNTW
- cik: 0001619096
- company_name: Summit Networks Inc.
- filed_at: 2025-10-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1619096/000109181825000140/0001091818-25-000140-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1619096/000109181825000140/sntw1016258k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001091818-25-000140
- JSON: https://secwatch.observer/filing/0001091818-25-000140.json
- Plain text: https://secwatch.observer/filing/0001091818-25-000140.txt

## Key facts
- Governance Changes
  Summit Networks Inc.: Amended Article III of Bylaws to allow virtual meetings, set annual meeting deadline at 120 days after fiscal year-end, and require quorum of at least one-third of voting power (effective 2025-10-12).
  - Change: bylaw amendment
  - Effective: 2025-10-12
  source text: On October 12, 2025, the Board approved amendments to Article III of the Company’s Bylaws to: (1) permit annual and special meetings of securityholders to be held virtually or in person, with identity verification, real-time participation and voting, and real-time recordkeeping; (2) require that the annual meeting be held no later than 120 days after the Company’s December 31 fiscal year-end; and (3) set the quorum for meetings of securityholders at not less than one-third (1/3) of the voting power entitled to vote at the meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1619096/000109181825000140/0001091818-25-000140-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.