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Company Executives

Management Team

From Forms 3, 4 and 5 filed in the last 18 months
Officer Age In this role Joined Pay Source
Yi Zhou Also a director
Chief Executive Officer
38 Not stated Not stated Not reported
Qingze Zhao Also a director
Executive officer
36 Not stated Not stated Not reported

Each officer opens the passage of the filing that names them. A title that changed since the list comes from the officer's latest Form 3, 4 or 5, and its start year is not stated there. "Not stated" means the filing does not say. Pay is the proxy's Summary Compensation Table, which reports only the named executive officers.

Directors
5
serving now
Independent
3 of 3
stated in the proxy; 2 not stated
Average tenure
4.0 years
from year joined
CEO also chairs the board
Yes
Yi Zhou
Director Age On board Independent Committees Other public boards Pay Source
Yi Zhou
38 Not stated Not stated None stated None stated Paid as CEO
Qingze Zhao
36 Not stated Not stated None stated None stated Not stated
Yanyan Lin
36 2021
4 years
Independent None stated None stated Not stated
Yang Wang
46 2021
4 years
Independent None stated None stated Not stated
Xiaoming Ma
33 2021
4 years
Independent None stated None stated Not stated

Each director opens the passage of the proxy that names them. "Not stated" means the proxy does not say; it never means "no". Pay is the proxy's Director Compensation table; the CEO is paid as an executive.

6 disclosed in the 10-K annual report
insiders
insiders of the company
$25,000
April 2021

Sale of 1,437,500 shares of Common Stock to insiders in April 2021.

Aquaron Investments LLC
our Sponsor
$2,562,500.00
October 6, 2022

Private Placement of 256,250 Private Units to the Sponsor at $10.00 per unit.

Aquaron Investments LLC
our Sponsor
$99,846

Company received additional funds from the Sponsor upon IPO closing to finance transaction costs; 83,205 Sponsor shares were cancelled.

insiders, officers and directors
insiders, officers and directors of the company
Up to $600,000

Insiders, officers and directors may loan working capital funds under promissory notes, up to $600,000 of which may convert into private units.

holders of insider shares and private units
holders of insider shares, private units and working capital loan shares
Amount not stated

Registration rights granted to holders of insider shares and private units.

officers and directors
officers and directors of the company
Amount not stated

Company will reimburse officers and directors for reasonable out-of-pocket business expenses incurred on its behalf.

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