Abpro Holdings, Inc. (ABP) Form 8-K — Aug 31, 2026
Abpro Holdings disclosed that Miles Suk voluntarily resigned as Chairman of its Board effective August 25, 2026, while continuing to serve as a director. The board will appoint a successor chair at its next regularly scheduled meeting, and the company said the resignation was not due to any disagreement over operations, policies, or practices. Alongside the role change, Abpro terminated Suk's consulting agreement, which had followed his earlier resignation as CEO. The company owes his $300,000 annual consulting fee for 60 days, resulting in $50,000 of compensatory payments during the period beginning August 19, 2026, with no other compensatory obligations beyond standard directors' fees.
Key figures
- Delisting Date
- 2026-02-23
- Severance Period
- 60 days beginning August 19, 2026
- Severance Payments
- $50,000
- Consulting Fee Annual
- $300,000
- Warrant Exercise Price
- 114.9
- Chairman Resignation Date
- 2026-08-25
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