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KULR Technology Expands Board, Appoints New Executives

Story Highlights
  • KULR Technology Group expanded its Board, appointing Shawn Canter and Aron Schwartz.
  • Jay K. Yamamoto was appointed as General Counsel, and compensation for non-executive directors was adjusted.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
KULR Technology Expands Board, Appoints New Executives

Confident Investing Starts Here:

KULR Technology Group ( (KULR) ) just unveiled an update.

On June 6, 2025, KULR Technology Group expanded its Board of Directors to five members, appointing Shawn Canter and Aron Schwartz. Schwartz, with a robust background in investment and management, was also named Chair of the Compensation Committee. The company also appointed Jay K. Yamamoto as General Counsel and Secretary, recognizing his extensive legal experience and familiarity with the company’s operations. Additionally, the Board approved compensation adjustments for non-executive directors, enhancing their cash compensation and issuing restricted stock units, contingent on shareholder approval of a new equity incentive plan.

The most recent analyst rating on (KULR) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on KULR Technology Group stock, see the KULR Stock Forecast page.

Spark’s Take on KULR Stock

According to Spark, TipRanks’ AI Analyst, KULR is a Neutral.

KULR’s overall stock score is primarily hindered by financial performance challenges, including negative cash flows and profitability issues. Technical analysis also indicates bearish trends. Positives include strategic growth initiatives and positive corporate events, but these are not enough to offset the significant financial risks.

To see Spark’s full report on KULR stock, click here.

More about KULR Technology Group

Average Trading Volume: 11,768,976

Technical Sentiment Signal: Sell

Current Market Cap: $352.2M

See more data about KULR stock on TipRanks’ Stock Analysis page.

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