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KULR Technology Announces Stock Issuance and Executive Changes

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KULR Technology Announces Stock Issuance and Executive Changes

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KULR Technology Group ( (KULR) ) has shared an announcement.

On January 16, 2025, KULR Technology Group’s Board issued 270,000 shares of Non-convertible Series A Voting Preferred Stock to CEO Michael Mo, emphasizing strategic alignment and protection against hostile actions. Concurrently, executive cash compensations and RSU grants were adjusted to reflect market conditions and leadership contributions, with notable increases for key executives.

More about KULR Technology Group

YTD Price Performance: -18.42%

Average Trading Volume: 38,478,512

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $593.4M

For a thorough assessment of KULR stock, go to TipRanks’ Stock Analysis page.

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