Hour Loop sets FY2024 bonus targets for CEO Sam Lai and SVP Maggie Yu; includes guaranteed $100k bonus each

Hour Loop, Inc

Sam Lai (CEO) guaranteed $100k bonus; target bonus: 50% base if breakeven, 100% base if net profit >= $500k.
Maggie Yu (SVP) guaranteed $100k bonus; target bonus: 50% base if 100 new vendors, 100% base if 135 new vendors.
Lai and Yu are husband and wife, collectively own ~95% voting power (33,325,984 shares).
Bonuses are for FY2024; only one target bonus per executive is payable.

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