secwatch.observer — SEC 8-K summary
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Issuer:     Xenous Holdings, Inc. (XITO)
CIK:        0001651932
Form:       8-K
Filed at:   2026-05-12T13:04:23+00:00
Accession:  0001640334-26-000840
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

CEO Jonathan Chan resigns; Dingwen Zhang appointed CEO and Director effective May 8, 2026
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- Jonathan Chan Ye Earn resigned as CEO and Director on May 8, 2026; no disagreement with company.
- Board appointed Dingwen Zhang as CEO and Director effective immediately.
- Zhang is founder/CEO of Soon Fund (since June 2023) and managing director of QMetaverse (since Jan 2023).
- Zhang holds a Bachelor of Finance from Tsinghua University (2018); no family relationships with other officers.
- No employment agreement or compensation arrangement between company and Zhang disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1651932/000164033426000840/0001640334-26-000840-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1651932/000164033426000840/xito_8k.htm
  HTML page:      https://secwatch.observer/filing/0001640334-26-000840

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