Quetta Acquisition Corp 8-K
Research Summary
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Quetta Acquisition Corp CEO Resigns; New CEO Appointed
What Happened
Quetta Acquisition Corp (QETA) filed an 8-K (filed Feb 13, 2026) disclosing that on February 11, 2026, Hui Chen resigned as Chief Executive Officer and as a member of the Board of Directors. On the same date the Board appointed Zihan Chen (age 34) as the Company’s Chief Executive Officer and as a director. The filing states Mr. Hui Chen’s resignation was not due to any disagreement with the Company. The Company entered into an employment agreement with Mr. Zihan Chen dated February 11, 2026; his base salary is $2,000 per month. The filing also notes no family relationship between Mr. Zihan Chen and any executive or director and no transactions requiring disclosure under Item 404(a) of Regulation S-K.
Key Details
- Resignation effective: February 11, 2026 (Hui Chen).
- Appointment effective: February 11, 2026 (Zihan Chen), age 34.
- Education: Zihan Chen holds a bachelor’s degree from Xiamen University of Technology.
- Compensation: employment agreement dated Feb 11, 2026 with a base salary of $2,000 per month.
- Additional disclosures: resignation not due to disagreement; no related-party transactions or family ties disclosed.
Why It Matters
A CEO change is a material corporate event that can affect leadership, strategy and investor expectations. This 8-K provides the basic facts of the transition and initial compensation but contains no detail on strategic changes or other management moves. Investors should monitor future filings and company announcements for further information on management plans, governance changes, or impacts to the company’s business strategy.