--- schema_version: "secwatch.filing_event.v1" accession: "0001929980-24-000010" form_type: "8-K" ticker: null cik: "0001880441" company_name: "Battery Future Acquisition Corp." filed_at: "2024-01-18T23:59:59+00:00" generated_at: "2026-06-06T22:07:38.031600+00:00" event_type: "leadership" sentiment: "neutral" materiality_score: 0.95 calibrated_materiality_score: 0.95 confidence: "high" source: SEC EDGAR --- # Battery Future Acquisition Corp. agrees to transfer 4.19M founder shares, cancels warrants & debt, appoints new CEO ## Summary - Transfer of 4,193,695 Class B founder shares from Sponsor and Pala to Camel Bay, LLC. - Cancellation of 16,300,000 private placement warrants and $6,433,333 in promissory notes. - Resignation of CEO Greg Martyr, CFO Kris Salinger, and other officers and directors. - Appointment of Weiyi Zheng as CEO and Chairman, and Hao Tian, Zixun Jin, Shengming Shi as independent directors. ## SEC filing metadata - accession: 0001929980-24-000010 - form_type: 8-K - cik: 0001880441 - company_name: Battery Future Acquisition Corp. - filed_at: 2024-01-18T23:59:59+00:00 - event_type: leadership - sentiment: neutral - materiality_score: 0.95 - calibrated_materiality_score: 0.95 - confidence: high - sec_items: 1.01, 5.02, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1880441/000192998024000010/0001929980-24-000010-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1880441/000192998024000010/bfac_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001929980-24-000010 - JSON: https://secwatch.observer/filing/0001929980-24-000010.json - Plain text: https://secwatch.observer/filing/0001929980-24-000010.txt ## Key facts - Executive change Jessica Fung resigned as Director at Battery Future Acquisition Corp.. - Action: resigned - Role: Director source text: Jessica Fung evidence_url: https://www.sec.gov/Archives/edgar/data/1880441/000192998024000010/0001929980-24-000010-index.htm - Executive change Erez Ichilov resigned as Director at Battery Future Acquisition Corp.. - Action: resigned - Role: Director source text: Erez Ichilov evidence_url: https://www.sec.gov/Archives/edgar/data/1880441/000192998024000010/0001929980-24-000010-index.htm - Executive change Shengming Shi was appointed as Independent Director at Battery Future Acquisition Corp.. - Action: appointed - Role: Independent Director source text: Hao Tian, Zixun Jin and Shengming Shi as independent directors evidence_url: https://www.sec.gov/Archives/edgar/data/1880441/000192998024000010/0001929980-24-000010-index.htm - Executive change Greg Martyr resigned as Chief Executive Officer at Battery Future Acquisition Corp.. - Action: resigned - Role: Chief Executive Officer source text: Greg Martyr as Chief Executive Officer and director evidence_url: https://www.sec.gov/Archives/edgar/data/1880441/000192998024000010/0001929980-24-000010-index.htm - Executive change Nick O'Loughlin resigned as Chief Development Officer at Battery Future Acquisition Corp.. - Action: resigned - Role: Chief Development Officer source text: Nick O’Loughlin as Chief Development Officer evidence_url: https://www.sec.gov/Archives/edgar/data/1880441/000192998024000010/0001929980-24-000010-index.htm - Executive change Simon Hay resigned as Director at Battery Future Acquisition Corp.. - Action: resigned - Role: Director source text: Simon Hay evidence_url: https://www.sec.gov/Archives/edgar/data/1880441/000192998024000010/0001929980-24-000010-index.htm - Executive change Natalia Streltsova resigned as Director at Battery Future Acquisition Corp.. - Action: resigned - Role: Director source text: Natalia Streltsova evidence_url: https://www.sec.gov/Archives/edgar/data/1880441/000192998024000010/0001929980-24-000010-index.htm - Executive change Adrian Griffin resigned as Director at Battery Future Acquisition Corp.. - Action: resigned - Role: Director source text: Adrian Griffin evidence_url: https://www.sec.gov/Archives/edgar/data/1880441/000192998024000010/0001929980-24-000010-index.htm - Executive change Josh Payne resigned as Chief Operating Officer at Battery Future Acquisition Corp.. - Action: resigned - Role: Chief Operating Officer source text: Josh Payne as Chief Operating Officer evidence_url: https://www.sec.gov/Archives/edgar/data/1880441/000192998024000010/0001929980-24-000010-index.htm - Executive change Zixun Jin was appointed as Independent Director at Battery Future Acquisition Corp.. - Action: appointed - Role: Independent Director source text: Hao Tian, Zixun Jin and Shengming Shi as independent directors evidence_url: https://www.sec.gov/Archives/edgar/data/1880441/000192998024000010/0001929980-24-000010-index.htm - Executive change Weiyi Zheng was appointed as Chief Executive Officer and Chairman of the Board at Battery Future Acquisition Corp.. - Action: appointed - Role: Chief Executive Officer and Chairman of the Board source text: Weiyi Zheng as Chief Executive Officer and Chairman of the Board evidence_url: https://www.sec.gov/Archives/edgar/data/1880441/000192998024000010/0001929980-24-000010-index.htm - Executive change Kris Salinger resigned as Chief Financial Officer at Battery Future Acquisition Corp.. - Action: resigned - Role: Chief Financial Officer source text: Kris Salinger as Chief Financial Officer and director evidence_url: https://www.sec.gov/Archives/edgar/data/1880441/000192998024000010/0001929980-24-000010-index.htm - Executive change Hao Tian was appointed as Independent Director at Battery Future Acquisition Corp.. - Action: appointed - Role: Independent Director source text: Hao Tian, Zixun Jin and Shengming Shi as independent directors evidence_url: https://www.sec.gov/Archives/edgar/data/1880441/000192998024000010/0001929980-24-000010-index.htm - Material Agreements Battery Future Acquisition Corp. entered into Purchase Agreement with Camel Bay, LLC (effective 2024-01-16). - Action: entry - Agreement: equity purchase - Counterparty: Camel Bay, LLC - Effective: 2024-01-16 source text: On January 16, 2024, Battery Future Acquisition Corp. (the “ Company ”), Battery Future Sponsor LLC, the Company’s sponsor (“ Sponsor ”), Pala Investments Limited, an initial shareholder of the Company (“ Pala ”), and Camel Bay, LLC (the “ Purchaser ”) entered into a share purchase agreement (the “ Purchase Agreement ”). evidence_url: https://www.sec.gov/Archives/edgar/data/1880441/000192998024000010/0001929980-24-000010-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.