STOCK TITAN

Black Titan Corporation (BTTC) Co-CEO and director Chay Weei Jye resigns

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Black Titan Corporation reported that Co-Chief Executive Officer and director Mr. Chay Weei Jye has resigned from both roles, effective June 12, 2026. The company states that his resignation did not arise from any disagreement over operations, policies, or practices.

Mr. Chay will not receive severance benefits in connection with his departure. The remaining leadership, including Chief Executive Officer Shang Ju Lin, continues to manage the company, and Black Titan publicly expresses appreciation for Mr. Chay’s years of service and contributions.

Positive

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Negative

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Insights

Co-CEO and director exits, with company stating no underlying dispute.

The resignation of Mr. Chay Weei Jye as Co-Chief Executive Officer and director concentrates leadership under the remaining CEO, Shang Ju Lin. The company explicitly notes there was no disagreement on operations, policies, or practices leading to this change.

The absence of severance benefits suggests a straightforward voluntary departure rather than a negotiated termination. While leadership transitions can affect strategy and execution, the filing offers no details on succession adjustments or strategic shifts, so investors must rely on future disclosures for any longer-term implications.

Resignation effective date June 12, 2026 Effective date of Co-CEO and director resignation
Form 6-K regulatory
"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER"
A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.
foreign private issuer regulatory
"REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
Co-Chief Executive Officer financial
"has resigned from his position as Co-Chief Executive Officer"
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of June 2026

 

Commission File No. 001-42880

 

BLACK TITAN CORPORATION

(Registrants Name)

 

Level 8, Unit 8-02 The Bousteador, 10, Jalan PJU 7/6

Mutiara Damansara, 47800 Petaling Jaya

Selangor Darul Ehsan, Malaysia

(Address of Principal Executive Offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 
 

 

Resignation of Co-Chief Executive Officer

 

Black Titan Corporation (the “Company”) announces that Mr. Chay Weei Jye has resigned from his position as Co-Chief Executive Officer and as a director of the Company, effective June 12, 2026. Mr. Chay’s resignation was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Mr. Chay will not receive any severance benefits in connection with his resignation.

 

The Company would like to thank Mr. Chay for his years of dedicated service and significant contributions to Black Titan Corporation and wishes him success in his future endeavors.

 

2
 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Black Titan Corporation
     
  By: /s/ Shang Ju Lin
  Name:  Shang Ju Lin
  Title: Chief Executive Officer

 

Dated: June 12, 2026

 

3

FAQ

What executive change did Black Titan Corporation (BTTC) disclose in this Form 6-K?

Black Titan Corporation reported that Co-Chief Executive Officer and director Mr. Chay Weei Jye resigned effective June 12, 2026. The company says the decision was not due to any disagreement over its operations, policies, or practices, and leadership continues under CEO Shang Ju Lin.

When is the resignation of BTTC’s Co-Chief Executive Officer effective?

The resignation of Black Titan Corporation’s Co-Chief Executive Officer Mr. Chay Weei Jye is effective June 12, 2026. On this date he steps down both as Co-CEO and as a director, with the company indicating no underlying dispute related to his departure from these roles.

Did Black Titan Corporation (BTTC) report any disagreement linked to the Co-CEO’s resignation?

Black Titan Corporation states that Mr. Chay Weei Jye’s resignation did not result from any disagreement with the company. This covers matters relating to its operations, policies, or practices, suggesting the departure is characterized as an amicable leadership change rather than a conflict-driven exit.

Will BTTC’s departing Co-Chief Executive Officer receive severance benefits?

The company reports that Mr. Chay Weei Jye will not receive any severance benefits in connection with his resignation. This indicates there is no additional compensation package tied specifically to his departure beyond any existing entitlements previously earned during his tenure at Black Titan Corporation.

Who signed the Black Titan Corporation (BTTC) June 2026 Form 6-K?

The Form 6-K was signed on behalf of Black Titan Corporation by Shang Ju Lin, identified as Chief Executive Officer. This underscores that, following the resignation of Co-Chief Executive Officer Mr. Chay Weei Jye, Mr. Shang continues as the primary executive officer of the company.