home · filing · 0001213900-21-036804
8-K filed July 14, 2021, 7:59 PM ET
ticker AGAE
CIK 0001708341
leadership
confidence high
sentiment neutral
materiality 0.70
Allied Esports CEO Frank Ng resigns; Libing Wu appointed CEO, President and General Counsel
Allied Gaming & Entertainment Inc.
CEO Frank Ng resigned effective July 13, 2021; receives $400K severance and accelerated stock vesting.
Board appoints director Libing (Claire) Wu as CEO, President and General Counsel effective immediately.
Wu's compensation: $500K base salary, $200K signing bonus, 80K restricted shares, options for 200K shares at $2.21.
Wu has 15+ years in corporate/securities law, previously VP/GC at Asia Pacific Capital and senior counsel at DHCL.
RSU agreement for Ng amended to trigger earlier if esports division is sold; mutual non-disparagement included.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Effective 2021-07-13
Successor Libing (Claire) Wu
Filed July 14, 2021, 7:59 PM ET
On July 13, 2021, Frank Ng resigned as Chief Executive Officer of Allied Esports Entertainment, Inc. (the “Company”), effective immediately.
Effective 2021-07-13
Filed July 14, 2021, 7:59 PM ET
On July 13, 2021, the Company appointed Libing (Claire) Wu as its Chief Executive Officer, President and General Counsel, effective immediately.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Frank Ng resigned as Chief Executive Officer at Allied Gaming & Entertainment Inc..
Action resigned
Role Chief Executive Officer
Exact text from the filing
On July 13, 2021, Frank Ng resigned as Chief Executive Officer of Allied Esports Entertainment, Inc. (the “Company”), effective immediately.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Libing (Claire) Wu was appointed as Chief Executive Officer, President and General Counsel at Allied Gaming & Entertainment Inc..
Action appointed
Role Chief Executive Officer, President and General Counsel
Exact text from the filing
On July 13, 2021, the Company appointed Libing (Claire) Wu as its Chief Executive Officer, President and General Counsel, effective immediately.
View on SEC.gov
Source: SEC EDGAR
accession 0001213900-21-036804
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