BCSC cease trade order; SolarWindow exits Korea, elects 67% holder

SolarWindow Technologies, Inc.

Formally exiting South Korea, dissolving SolarWindow Asia Co.; recognized $674,200 impairment on $1,894,000 total investment; no capital since May 2, 2022.
Elected Harmel S. Rayat to board; he is president/sole stockholder of Kalen Capital, owns 35.6M shares (66.99% of outstanding), also CEO of RenovaCare.
BC Securities Commission issued Cease Trade Order on Jan 10, 2022 due to failure to file FY2022 annual audited financials, MD&A, and annual information form.
Former director Rhee still controls Korean subsidiary's records, preventing audit; company pursuing South Korean legal action to gain access.
Company exploring alternative means to provide stockholders financial information pending resolution of Korean subsidiary issues.

item 2.01 item 5.02 item 8.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

John Rhee

Director

WNDW · SolarWindow Technologies, Inc.

Successor: Harmel S. Rayat
Filed: January 19, 2023, 6:59 PM ET

to fill the vacancy created by the resignation of Mr. John Rhee

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

John Rhee resigned as Director at SolarWindow Technologies, Inc..

Action: resigned
Role: Director

Exact text from the filing

to fill the vacancy created by the resignation of Mr. John Rhee

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SolarWindow Technologies, Inc. filing history →

Source: SEC EDGAR

accession 0001171843-23-000340

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