KULR Changes Designation of Principal Executive Office to Texas, Announces Leadership Transition
21 August 2024 - 10:30PM
KULR Technology Group, Inc. (NYSE American: KULR)
(the "Company" or "KULR"), a global leader in sustainable energy
management, announced today the mutually agreed upon resignation of
Keith Cochran as President and Chief Operating Officer, effective
August 20, 2024. KULR has re-allocated the oversight of its
day-to-day operations among its executive level management, headed
by Chief Executive Officer, Michael Mo.
“On behalf of the Board and rest of the Company, I want to thank
Keith for his years of service to the Company,” said Michael Mo.
“We are appreciative of Keith's expertise and leadership throughout
his tenure as President and Chief Operating Officer and wish him
well in his future endeavors.”
KULR’s Board believes the new leadership structure fully aligns
with the Company’s accelerated strategic shift to Webster, Texas,
which the Company has designated as its principal executive office.
While Webster is already the Company's largest office, its San
Diego location will continue to be a critical innovation hub.
About KULR Technology Group Inc.KULR Technology
Group Inc. (NYSE American: KULR) is a leading energy management
platform company offering proven solutions that play a critical
role in accelerating the electrification of the circular economy.
Leveraging a foundation in developing, manufacturing, and licensing
next-generation carbon fiber thermal management technologies for
batteries and electronic systems, KULR has evolved its holistic
suite of products and services to enable its customers across
disciplines to operate with efficiency and sustainability in mind.
For more information, please visit www.kulrtechnology.com.
Safe Harbor Statement This press release
does not constitute an offer to sell or a solicitation of offers to
buy any securities of any entity. This release contains certain
forward-looking statements based on our current expectations,
forecasts and assumptions that involve risks and uncertainties.
Forward-looking statements in this release are based on information
available to us as of the date hereof. Our actual results may
differ materially from those stated or implied in such
forward-looking statements, due to risks and uncertainties
associated with our business, which include the risk factors
disclosed in our Form 10-K filed with the Securities and Exchange
Commission on April 12, 2024, as may be amended or supplemented by
other reports we file with the Securities and Exchange Commission
from time to time. Forward-looking statements include statements
regarding our expectations, beliefs, intentions, or strategies
regarding the future and can be identified by forward-looking words
such as “anticipate,” “believe,” “could,” “estimate,” “expect,”
“intend,” “may,” “should,” and “would” or similar words. All
forecasts are provided by management in this release are based on
information available at this time and management expects that
internal projections and expectations may change over time. In
addition, the forecasts are entirely on management’s best estimate
of our future financial performance given our current contracts,
current backlog of opportunities and conversations with new and
existing customers about our products and services. We assume no
obligation to update the information included in this press
release, whether because of new information, future events or
otherwise.
Investor Relations:KULR Technology Group,
Inc.Phone: 858-866-8478 x 847Email: ir@kulrtechnology.com
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