secwatch.observer — SEC 8-K summary
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Issuer:     VIVIC CORP. (VIVC)
CIK:        0001703073
Form:       8-K
Filed at:   2025-01-13T23:59:59+00:00
Accession:  0001493152-25-001885
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vivic Corp. appoints new CEO and CFO; former CEO/CFO resigns
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- Shang-Chiai Kung resigned as CEO and CFO effective January 7, 2025.
- Tse-Ling Wang appointed CEO; previously a director and holds senior internet/tech roles.
- Andy F Wong appointed CFO; CPA with extensive interim financial executive experience.
- Wang receives 250,000 RSUs (20,833 monthly vest); Wong receives 100,000 RSUs (8,333 monthly vest).
- Employment agreements expire Dec 31, 2025 then at-will; severance for qualifying termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1703073/000149315225001885/0001493152-25-001885-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1703073/000149315225001885/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-001885

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer