Form 8-K Snail, Inc. For: Apr 15

Go back to Form 8-K Snail, Inc. For: Apr 15

Snail (SNAL) Announces Resignation of Chief Strategy Officer and Chairman

April 19, 2024 6:05 AM EDT

On April 15, 2024, Jim S. Tsai notified Hai Shi, the Chairman of the Board of Directors (the Board) and Chief Strategy Officer of Snail (NASDAQ: SNAL), of his decision to resign from his position as the Chief Executive Officer of Snail and all of Snails subsidiaries, including, Snail Games USA, Inc., a California corporation and a wholly owned subsidiary of Snail (Snail Games, and together with Snail, jointly and severally, the Company), with such resignation effective April 15, 2024; however, Mr. Tsai would remain with the Company for a 30-day transition period. On April 15, 2024, Mr. Tsai also notified... More