---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-21-016725"
form_type: "8-K"
ticker: "LQMT"
cik: "0001141240"
company_name: "LIQUIDMETAL TECHNOLOGIES INC"
filed_at: "2021-07-09T23:59:59+00:00"
generated_at: "2026-06-30T06:17:29.699051+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Liquidmetal CEO Lugee Li resigns; Tony Chung named interim CEO, Isaac Bresnick President

## Summary
- Professor Lugee Li resigns as CEO and President but remains Chairman; cites no disagreement.
- Tony Chung appointed interim CEO; receives $240k salary, $20k signing bonus, and option for 7.5M shares at $0.07.
- Isaac Bresnick appointed President; retains $154k salary; no employment agreement.
- Option grant vests: 2.5M shares after 90 days (Tranche 1), 5M shares over two years (Tranche 2) with lock-up provisions.
- Li mentions company readiness and travel restrictions as reasons for resignation.

## SEC filing metadata
- accession: 0001437749-21-016725
- form_type: 8-K
- ticker: LQMT
- cik: 0001141240
- company_name: LIQUIDMETAL TECHNOLOGIES INC
- filed_at: 2021-07-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1141240/000143774921016725/0001437749-21-016725-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1141240/000143774921016725/lqmt20210709_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-21-016725
- JSON: https://secwatch.observer/filing/0001437749-21-016725.json
- Plain text: https://secwatch.observer/filing/0001437749-21-016725.txt

## Key facts
- Executive change
  Professor Lugee Li resigned as Chief Executive Officer at LIQUIDMETAL TECHNOLOGIES INC.
  - Action: resigned
  - Role: Chief Executive Officer
  source text: On July 6, 2021, Professor Lugee Li (“Professor Li”) resigned as Chief Executive Officer and President of Liquidmetal Technologies, Inc. (the “Company”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1141240/000143774921016725/0001437749-21-016725-index.htm
- Executive change
  Professor Lugee Li resigned as President at LIQUIDMETAL TECHNOLOGIES INC.
  - Action: resigned
  - Role: President
  source text: On July 6, 2021, Professor Lugee Li (“Professor Li”) resigned as Chief Executive Officer and President of Liquidmetal Technologies, Inc. (the “Company”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1141240/000143774921016725/0001437749-21-016725-index.htm
- Executive change
  Isaac Bresnick was appointed as President at LIQUIDMETAL TECHNOLOGIES INC.
  - Action: appointed
  - Role: President
  source text: Additionally, the Board appointed Isaac Bresnick as the Company’s President.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1141240/000143774921016725/0001437749-21-016725-index.htm
- Executive change
  Tony Chung was appointed as interim Chief Executive Officer at LIQUIDMETAL TECHNOLOGIES INC.
  - Action: appointed
  - Role: interim Chief Executive Officer
  source text: On July 6, 2021, the Board appointed Tony Chung as the Company’s interim Chief Executive Officer, and in that capacity, he will serve as the Company’s principal executive officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1141240/000143774921016725/0001437749-21-016725-index.htm

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