Nukkleus ( (NUKK) ) just unveiled an announcement.
In a significant corporate reshuffle, a company issued a note that will mature in September 2024, along with common stock shares convertible under certain exempt securities regulations, to an accredited investor. Following a settlement agreement, Jamal Khurshid stepped down as CEO and a director, effective September 4, 2024. The board expanded, and Menachem Shalom, who has extensive leadership experience in various tech firms, was appointed as the new CEO. David Rokach, a seasoned investment manager and CEO of Tokara Management, also joined the board. Both appointments are part of the company’s strategic reorganization to strengthen leadership and drive growth.
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