8-KAccepted Sep 4, 4:30 PM ET
Aperture AC Announces CEO Employment Agreement, CFO Consulting Deal
Accepted (ET)
4:30 PM
Sep 4, 2026
Filed
Sep 4, 2026
Documents
14
Size
378.2 KB
Summary
Aperture AC Announces CEO Employment Agreement, CFO Consulting Deal
What Happened
- Aperture AC filed a Current Report on Form 8-K (filed 2026-09-04) disclosing two compensation agreements dated September 3, 2026. The company entered an employment agreement with CEO Calvin Kung and a consulting agreement with CFO Daniel Zhao.
- Under the agreements, Mr. Kung will be paid a $7,000 monthly base salary and a $14,000 one-time signing bonus; Mr. Zhao will receive a $3,000 monthly consulting fee and a $6,000 one-time signing bonus. Both agreements include a waiver that neither executive has any claim to funds in the company’s trust account for public shareholders.
Key Details
- Agreement dates: September 3, 2026; 8-K filed September 4, 2026.
- CEO Calvin Kung: $7,000 per month base salary, $14,000 signing bonus (payable on execution).
- CFO Daniel Zhao (consultant): $3,000 per month fee, $6,000 signing bonus (payable within 10 business days).
- Both executives waived any right or claim to monies in the company’s public-shareholder trust account. The full agreements are filed as Exhibits 10.1 and 10.2 to the 8-K.
Why It Matters
- These agreements establish the company’s near-term cash compensation commitments: roughly $10,000 per month combined and $20,000 in one-time signing payments. That level of compensation is a concrete, disclosed operating expense for investors to track.
- The explicit waivers regarding the trust account are material for investors in a SPAC context because they clarify that executives will not tap shareholder trust funds.
- Investors should note the agreements are filed as exhibits to the 8-K for review of full terms.