Miluna Acquisition Corp 8-K

What Happened

• Miluna Acquisition Corp (MMTX) filed an 8-K reporting that director Mei Chi Tsai resigned effective February 17, 2026. On February 25, 2026, the Board appointed Yajuan Ding (age 33) as a director and determined she qualifies as an independent director under Nasdaq rules. The company entered into an indemnification agreement with Ms. Ding and a joinder to the sponsor letter agreement on February 25, 2026.

Key Details

• Resignation: Mei Chi Tsai resigned from the Board and all committees effective February 17, 2026.
• Appointment: Yajuan Ding was appointed to the Board on February 25, 2026; Board labeled her an independent director.
• Compensation/Agreements: Ms. Ding will receive 10,000 ordinary shares from the Sponsor; the company executed an indemnification agreement and a joinder to the October 22, 2025 letter agreement (filed as Exhibits 10.1 and 10.2).
• Background: Ms. Ding has experience in strategic investments and SPAC-related work (Youzu Network, private equity firms, and prior SPAC advisory roles) and holds a B.S. in accounting (Michigan State, 2015) and an MBA (Fudan University, 2024).

Why It Matters

• Board composition and independence can affect corporate governance and Nasdaq compliance; replacing a director and adding an independent director is a material governance change investors should note.
• Ms. Ding’s experience with investments, SPAC formation, and post‑investment management is directly relevant to a blank‑check company like Miluna and may influence the board’s approach to identifying and evaluating potential targets.
• The indemnification agreement and joinder formalize her protections and obligations as a director and reflect standard governance arrangements following a board appointment.