UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02. Departure of Directors or Certain Officers; Appointment of Certain Officers; Compensatory Arrangements with Certain Officers
On July 31, 2024, Mr. Haotian Song resigned from his position as a vice president of Singularity Future Technology Ltd. (the “Company”) and as a director of the board of directors of the Company (the “Board”). Mr. Haotian Song’s resignation was for personal reasons and was not the result of any disagreement with the Company on any matter relating to the Registrant’s operations, policies or practices.
On August 6, 2024, the Nominating and Corporate Governance Committee of the Board nominated and the Board appointed Ms. Jia Yang as a vice president of the Company and as a director of the Board to fill the vacancy resulting from Mr. Haotian Song’s resignation. In connection with Ms. Yang’s appointment, the Company and Ms. Yang entered into an employment agreement, dated August 6, 2024 (the “Employment Agreement”), and a director offer letter, dated August 6, 2024 (the “Offer Letter”), pursuant to which Ms. Yang will receive an aggregate annual compensation of $66,000 for her services as a vice president of the Company and as a director of the Board.
Ms. Yang has served as the chief operating office at Beijing Angda Yingchuang Innovative Materials Technology Co., Ltd. since January 2023. Prior to that, she was an executive officer at Zhongjian Tianxia Beijing Investment Management Co., Ltd. from October 2021 to December 2022. From November 2019 to November 2021, Ms. Yang was the executive assistant to hotel manager/marketing executive at The Ritz-Carlton Xi’an. Ms. Yang graduated from Xi’an International Studies University in 2016 with a major in English education.
There is no family relationship between Ms. Yang and any of our other officers and directors. Except for the Employment Agreement and the Offer Letter described above, Mr. Yang has not had any transaction with the Company since the beginning of our last fiscal year.
The foregoing description of the Employment Agreement and the Offer Letter is a general description only, does not purport to be complete, and is qualified in its entirety by reference to the terms of the Employment Agreement and the Offer Letter attached hereto as Exhibits 10.1 and 10.2, respectively, which are incorporated herein by this reference.
Item 9.01. Financial Statements and Exhibits.
| Exhibit No. | Description | |
| 10.1 | Employment Agreement of Ms. Jia Yang, dated August 6, 2024 | |
| 10.2 | Offer Letter of Ms. Jia Yang, dated August 6, 2024 | |
| 104 | Cover Page Interactive Data File the cover page XBRL tags are embedded within the Inline XBRL. |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: August 6, 2024 | Singularity Future Technology Ltd. | |
| By: | /s/ Ziyuan Liu | |
| Name: | Ziyuan Liu | |
| Title: | Chief Executive Officer | |
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