Bright Green Corp. (BGXX) has released an update.
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Bright Green Corporation recently announced significant changes to its Board of Directors, including the appointment of CEO Gurvinder Singh to the Board and Lynn Stockwell, co-founder, as the new Chair. Terry Rafih resigned as Executive Chairman, effective the following day, with no disagreements cited. Rafih’s departure includes a separation agreement granting him over 4.9 million shares of common stock, combining accelerated vesting and compensation for unpaid remuneration. This update, shared via a press release, is not intended for regulatory filing purposes but is merely informational.
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