leadership
confidence high
sentiment neutral
materiality 0.50
Solidion enters employment pacts with CSO ($200.9K base) and CTO ($225K base), including equity grants
Solidion Technology Inc.
- Dr. Bor Jang (CSO) gets $200,900 base salary, 40% target bonus, and $63,936 transition bonus.
- Dr. Songhai Chai (CTO) gets $225,000 base salary, 40% target bonus, and $99,041 transition bonus.
- Equity: Jang 400K warrants + 200K unrestricted stock; Chai 200K warrants + 100K unrestricted stock; vest over 3 years.
- Jang will devote ~70% of business time to Solidion; also employed by Global Graphene Group, which owns 51.4% of Solidion.
- Employment effective Feb 2, 2024; initial 2-year term with automatic renewal; severance includes 12 months salary if terminated without cause.