Skycap Investment Holdings Inc. Announces Board and Management Changes and RSU Grants
Skycap Investment Holdings Inc. (CSE: SKY) has announced significant leadership changes, with Brad Morris appointed as Chief Executive Officer, replacing Keshav Kochhar who transitions to Executive Chairman on the Board of Directors. This expands the Board to five directors.
Morris, a corporate lawyer with expertise in corporate finance and M&A, brings experience managing over $500 million in direct investments. Kochhar, who led the successful sale of the company's lithium metal production business to Arcadium Lithium, will focus on strategic initiatives and management oversight in his new role.
Additionally, the company has approved the issuance of 7,750,000 restricted share units (RSUs) to directors and officers, with 3,750,000 RSUs contingent on shareholder approval of an amended equity incentive plan. The RSUs vest in equal one-third installments annually or immediately under certain circumstances, subject to regulatory approvals.
Skycap Investment Holdings Inc. (CSE: SKY) ha annunciato importanti cambiamenti nella leadership, con la nomina di Brad Morris a Chief Executive Officer, che sostituisce Keshav Kochhar, il quale assume il ruolo di Executive Chairman nel Consiglio di Amministrazione. Il Consiglio si espande così a cinque membri.
Morris, avvocato aziendale specializzato in finanza aziendale e fusioni e acquisizioni, vanta un’esperienza nella gestione di investimenti diretti per oltre 500 milioni di dollari. Kochhar, che ha guidato la vendita di successo dell’attività di produzione di litio metallico dell’azienda ad Arcadium Lithium, si concentrerà sulle iniziative strategiche e sulla supervisione gestionale nel suo nuovo incarico.
Inoltre, la società ha approvato l’emissione di 7.750.000 unità azionarie vincolate (RSU) destinate a direttori e dirigenti, di cui 3.750.000 RSU soggette all’approvazione degli azionisti di un piano di incentivi azionari modificato. Le RSU maturano in tre tranche annuali di uguale entità o immediatamente in determinate circostanze, previa approvazione normativa.
Skycap Investment Holdings Inc. (CSE: SKY) ha anunciado cambios significativos en su liderazgo, nombrando a Brad Morris como Director Ejecutivo, en sustitución de Keshav Kochhar, quien pasa a ser Presidente Ejecutivo en la Junta Directiva. Esto amplía la Junta a cinco miembros.
Morris, abogado corporativo con experiencia en finanzas corporativas y fusiones y adquisiciones, aporta experiencia en la gestión de más de 500 millones de dólares en inversiones directas. Kochhar, quien lideró la exitosa venta del negocio de producción de litio metálico de la empresa a Arcadium Lithium, se enfocará en iniciativas estratégicas y supervisión gerencial en su nuevo rol.
Además, la compañía ha aprobado la emisión de 7.750.000 unidades restringidas de acciones (RSU) para directores y ejecutivos, de las cuales 3.750.000 RSU están condicionadas a la aprobación de los accionistas de un plan modificado de incentivos accionarios. Las RSU se consolidan en tres cuotas anuales iguales o inmediatamente bajo ciertas circunstancias, sujetas a aprobaciones regulatorias.
Skycap Investment Holdings Inc. (CSE: SKY)는 주요 리더십 변화를 발표하며, 브래드 모리스(Brad Morris)를 최고경영자(CEO)로 임명하고, 케샤브 코차르(Keshav Kochhar)는 이사회 의장(Executive Chairman)으로 이동했습니다. 이로써 이사회는 총 5명의 이사로 확대되었습니다.
기업 금융 및 인수합병(M&A)에 전문성을 갖춘 기업 변호사인 모리스는 5억 달러 이상의 직접 투자 관리 경험을 보유하고 있습니다. 코차르는 회사의 리튬 금속 생산 사업을 Arcadium Lithium에 성공적으로 매각한 이력을 바탕으로, 새로운 역할에서 전략적 이니셔티브와 경영 감독에 집중할 예정입니다.
또한, 회사는 이사 및 임원에게 7,750,000개의 제한 주식 단위(RSU) 발행을 승인했으며, 이 중 3,750,000 RSU는 주주 승인에 따른 수정된 주식 인센티브 계획에 조건부로 발행됩니다. RSU는 규제 승인 하에 연간 동일한 3분할로 베스팅되거나 특정 상황에서 즉시 베스팅됩니다.
Skycap Investment Holdings Inc. (CSE : SKY) a annoncé des changements majeurs dans sa direction, avec la nomination de Brad Morris en tant que Directeur Général, remplaçant Keshav Kochhar qui devient Président Exécutif au Conseil d’Administration. Le Conseil est ainsi porté à cinq membres.
Morris, avocat d’affaires spécialisé en finance d’entreprise et fusions-acquisitions, apporte une expérience dans la gestion de plus de 500 millions de dollars d’investissements directs. Kochhar, qui a mené avec succès la vente de l’activité de production de lithium métal de l’entreprise à Arcadium Lithium, se concentrera désormais sur les initiatives stratégiques et la supervision de la gestion dans ses nouvelles fonctions.
Par ailleurs, la société a approuvé l’émission de 7 750 000 unités d’actions restreintes (RSU) à destination des administrateurs et dirigeants, dont 3 750 000 RSU sont conditionnées à l’approbation des actionnaires d’un plan d’incitation en actions modifié. Les RSU sont acquises par tiers égaux chaque année ou immédiatement dans certaines circonstances, sous réserve des approbations réglementaires.
Skycap Investment Holdings Inc. (CSE: SKY) hat bedeutende Führungswechsel bekannt gegeben: Brad Morris wurde zum Chief Executive Officer ernannt und ersetzt Keshav Kochhar, der zum Executive Chairman des Vorstands wechselt. Damit wird der Vorstand auf fünf Mitglieder erweitert.
Morris, ein Unternehmensjurist mit Expertise in Unternehmensfinanzierung und Fusionen & Übernahmen, bringt Erfahrung in der Verwaltung von Direktinvestitionen über 500 Millionen US-Dollar mit. Kochhar, der den erfolgreichen Verkauf des Lithium-Metall-Produktionsgeschäfts des Unternehmens an Arcadium Lithium leitete, wird sich in seiner neuen Rolle auf strategische Initiativen und Managementaufsicht konzentrieren.
Zusätzlich hat das Unternehmen die Ausgabe von 7.750.000 eingeschränkten Aktienanteilen (RSUs) an Direktoren und Führungskräfte genehmigt, wobei 3.750.000 RSUs von der Zustimmung der Aktionäre zu einem geänderten Aktienanreizplan abhängig sind. Die RSUs werden jährlich in drei gleichen Raten oder unter bestimmten Umständen sofort fällig, vorbehaltlich regulatorischer Genehmigungen.
- Experienced new CEO with strong M&A and corporate finance background
- Former CEO remains involved as Executive Chairman, ensuring leadership continuity
- Board expansion strengthens corporate governance
- Significant RSU issuance (7.75M units) may lead to shareholder dilution
- 3.75M RSUs require shareholder approval, indicating potential governance constraints
Toronto, Ontario--(Newsfile Corp. - April 21, 2025) - Skycap Investment Holdings Inc. (formerly Li-Metal Corp.) (CSE: SKY) (the "Company") today announced changes to its board and executive leadership.
Effective immediately, Brad Morris has been appointed Chief Executive Officer, succeeding Keshav Kochhar, who has been appointed to the Board of Directors and will serve as Executive Chairman. The appointment of Mr. Kochhar to the Company's Board of Directors increases the size of the Board to five directors.
Mr. Kochhar is an experienced executive with a background in business development, operations, and strategic growth. He led the successful sale of the Company's lithium metal production business to Arcadium Lithium and has been instrumental in guiding the Company's broader transformation. As Executive Chairman, he will lead strategic initiatives and support oversight of management.
Mr. Morris is a corporate lawyer with deep expertise in corporate finance, M&A, and securities law. He has supported over
"I'm excited to take on the role of CEO and work alongside Keshav and the Board as we build a focused investment platform," said Mr. Morris. "Skycap is well positioned to identify and grow compelling businesses, and I look forward to helping drive its next phase of value creation."
These leadership changes reflect the Company's continued commitment to building a strong foundation aligned with its long-term investment strategy.
RSU Grants
The Company would also like to announce that in accordance with its Equity Incentive Plan, the Board has approved the issuance of an aggregate of 7,750,000 restricted share units ("RSUs") to directors and officers. Of these, 3,750,000 RSUs are conditional upon receiving shareholder approval for an amended equity incentive plan that provides for an increased number of securities available. Each RSU, upon vesting, entitles the holder to receive one common share of the Company. The RSUs vest in equal one-third installments on each one-year anniversary of their date of issuance or immediately in certain circumstances. The granting of the RSUs is also subject to approval of the Canadian Securities Exchange and compliance with all applicable securities laws and regulations.
About Skycap Investment Holdings Inc.
Skycap is a Canadian-based investment issuer focused on identifying and investing in high-growth sectors. Leveraging its financial resources and market expertise, Skycap aims to deliver sustainable value to its stakeholders through strategic and diversified investments. Additional information about the Company can be found in the Company's filing statement dated March 27, 2025, as filed under the Company's profile on SEDAR+ at www.sedarplus.ca.
Forward-Looking Information:
Forward-Looking Information: This news release contains "forward-looking information" within the meaning of applicable securities laws relating to the Company's strategic plans and future operations. Any such forward-looking statements may be identified by words such as "expects," "anticipates," "believes," "projects," "plans," and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements. Such statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that the Company's strategic plans will be achieved as described. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by applicable law.
Contact
Investor Relations
Skycap Investment Holdings Inc.
ir@li-metal.com
289-307-0117
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/249161
FAQ
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