secwatch.observer — SEC 8-K summary
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Issuer:     VIVIC CORP. (VIVC)
CIK:        0001703073
Form:       8-K
Filed at:   2025-10-23T23:59:59+00:00
Accession:  0001493152-25-019025
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vivic Corp. appoints Chen-Hon Chuang as CEO/CFO/President; entire board and officers resign
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- Tse-Ling Wang (CEO, President, Secretary), Andy F Wong (CFO), and directors Amy Huang and Richard Pao resigned Oct 17, 2025.
- Chen-Hon Chuang, age 75, formerly Senior Sales Consultant at Vivic's Hong Kong subsidiary, appointed to all four roles.
- Employment agreement: 100,000 RSUs earned monthly at 8,333 per month; initial term to Oct 16, 2026, then at-will.
- Severance on qualifying termination (without cause or good reason) includes vesting of remaining RSUs; no severance for cause or voluntary resignation.
- 12-month non-competition and non-solicitation covenants post-termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1703073/000149315225019025/0001493152-25-019025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1703073/000149315225019025/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-019025

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