Current Report · Items 5.02 · 8-K
TECHCOM INC
TCRIOTCEQUITYCurrent
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Resignation of Directors and Officers Effective as of March 6, 2025, Messrs. Carl Stuart Agren resigned as Director of TechCom Inc.…
Disclosure sections
Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Resignation of Directors and Officers
Effective as of March 6, 2025, Messrs. Carl Stuart
Agren resigned as Director of TechCom Inc. (the “Company”), Sheharyar Haider Malhi resigned as Director of the Company, Charles
Faulkner resigned as the Chief Executive Officer, of the Company, and Simon Wajcenberg resigned as the Chief Financial Officer, and Secretary
of the Company.
Appointment of Directors and Officers
Effective as of March 6, 2025, AlphaBit, LLC,
the holder of a majority of the issued and outstanding shares of Common Stock of the Company, elected Mr. Aziz Ali as sole Director of
the Company and accepted the resignations of Messrs. Carl Stuart Agren and Sheharyar Haider Malhi.
Effective as of March 6, 2025, the Board of Directors
(the “Board”) of the Company appointed Mr. Aziz Ali to serve as its Chief Executive Officer and Chief Financial Officer.
The Company currently pays no compensation to
the new officer and no compensation will be paid so long as the Company has no operations or capital. Compensation will be paid should
the Company become an operating company, of which there can be no assurance.
There are no related party transactions
between the Company and Mr. Aziz that are required to be disclosed pursuant to Item 404(a) of Regulation S-K.
Biographical Information
Mr. Aziz Ali, age 44 - From July 2022 through
the present, Mr. Ali has served as Founder and Chief Operating Officer of Cypher Labs Information Technology Consultants LLC, in Dubai,
UAE. From 2021 through the present, Mr. Ali has served as Member of the Investment Committee and Chief Operating Officer of Cypher Capital
DMCCC, in Dubai, UAE. From 2017 to 2021, Mr. Ali served as Managing Director of Phoenix Group of Companies in Dubai, UAE. The Company
believes the Mr. Ali is well suited to be a Director, Chief Executive Officer and Chief Financial Officer due to his experience in international
senior level management..