STOCK TITAN

Evergreen (EVGRU) 8-K: Board Director Steps Down Without Conflict

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Evergreen Corporation filed a Form 8-K dated July 10, 2025 to report a board change that occurred on July 9, 2025. Director Lim Wai Loong tendered his resignation from the Board of Directors, and the company states the departure is not the result of any disagreement with management, operations, policies, or practices. No successor was named and no other corporate actions or financial information were disclosed.

The filing was signed by Chief Executive Officer Liew Choon Lian. Evergreen remains an emerging growth company and continues to have its Ordinary Shares (EGUVF), Warrants (EGSVF) and Units (EGRVF) quoted on the OTC Pink tier.

Positive

  • None.

Negative

  • Loss of a board member could temporarily narrow governance expertise until a replacement is appointed.

Insights

TL;DR: Routine director resignation; negligible immediate investment impact.

The sole event disclosed is the resignation of board member Lim Wai Loong, effective July 9, 2025. Because the company explicitly states there was no disagreement with management or policy matters, the event appears procedural rather than contentious. Evergreen did not announce a replacement or any strategic shifts, so near-term governance structure and oversight capacity may be modestly reduced but not materially compromised. Absent financial data or strategic implications, the filing is neutral from an investor perspective.

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United States

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 8-K

 

Current Report

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

July 9, 2025

Date of Report (Date of earliest event reported)

 

Evergreen Corporation

(Exact Name of Registrant as Specified in its Charter)

 

Cayman Islands   001-41271   N/A

(State or other jurisdiction

of incorporation)

 

(Commission

 File Number)

 

(I.R.S. Employer

Identification No.)

 

Lot 1.02, Level 1,

Glo Damansara, 699,

Jalan Damansara, Taman Tun Dr Ismail,

60000 Kuala Lumpur, Malaysia

(Address of Principal Executive Offices, including Zip Code)

 

Registrant’s telephone number, including area code: +1 786 406 6082

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Ordinary Shares   EGUVF    OTC Pink
Warrants   EGSVF    OTC Pink
Units   EGRVF    OTC Pink

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

  

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

Director Resignation

 

On July 9, 2025, Lim Wai Loong (“Mr. Lim”) resigned from his role as a member of the Board of Directors of Evergreen Corporation (“Company”). Mr. Lim’s resignation as director is not the result of any disagreement with the Company or its management on any matter relating to the Company’s operations, policies, or practices.

 

 

  

 

SIGNATURES

 

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 hereunto duly authorized.

 

Dated: July 10, 2025

 

EVERGREEN CORPORATION  
     
By: /s/ Liew Choon Lian  
Name: Liew Choon Lian  
Title: Chief Executive Officer  

 

 

 

FAQ

Why did Director Lim Wai Loong resign from Evergreen Corporation (EVGRU)?

The Form 8-K states the resignation on July 9, 2025 was not due to any disagreement with the company or its management.

When was Evergreen Corporation's 8-K regarding the director resignation filed?

The report was filed on July 10, 2025 and covers an event dated July 9, 2025.

Does the resignation involve any disputes or issues with Evergreen's policies?

No. The company explicitly notes there were no disagreements related to operations, policies, or practices.

What ticker symbols represent Evergreen Corporation's securities?

Ordinary Shares: EGUVF, Warrants: EGSVF, Units: EGRVF, all traded on OTC Pink.

Is Evergreen Corporation classified as an emerging growth company?

Yes. The 8-K indicates Evergreen is an emerging growth company under SEC rules.

Who signed the 8-K on behalf of Evergreen Corporation?

The filing was signed by Chief Executive Officer Liew Choon Lian.
Evergreen Corporation

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