King Resources, Inc. (KRFG) adopts 2026 Stock Incentive Plan with 8M shares
Rhea-AI Filing Summary
King Resources, Inc. approved a new 2026 Stock Incentive Plan on December 9, 2025 through the written consent of its sole director. The plan authorizes the board to grant incentive stock options, nonqualified stock options and restricted stock awards to the company’s officers, directors, employees and consultants. At the time of approval, 8,000,000 shares of the company’s common stock were reserved for issuance under this plan. The company also filed the 2026 Stock Incentive Plan as Exhibit 10.1, together with a cover page interactive data file embedded within the inline XBRL document.
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FAQ
What corporate action did King Resources (KRFG) take on December 9, 2025?
On December 9, 2025, King Resources, Inc. obtained written consent from its sole director to approve and adopt the company’s 2026 Stock Incentive Plan.
What is the purpose of King Resources, Inc. 2026 Stock Incentive Plan?
The 2026 Stock Incentive Plan allows the board to grant incentive stock options, nonqualified stock options and restricted stock awards to officers, directors, employees and consultants of the company.
How many shares are reserved under King Resources (KRFG) 2026 Stock Incentive Plan?
At the time of consent, 8,000,000 shares of the company’s common stock were reserved for issuance under the 2026 Stock Incentive Plan.
Who is eligible to receive awards under the King Resources 2026 Stock Incentive Plan?
The plan permits grants of awards to the company’s officers, directors, employees and consultants, as determined by the board of directors.
Where is the full text of King Resources, Inc. 2026 Stock Incentive Plan available?
The full text of the 2026 Stock Incentive Plan is included as Exhibit 10.1, with a Cover Page Interactive Data File embedded within the inline XBRL document.
What type of securities did King Resources (KRFG) register on its exchange listing table?
The company lists its Common stock under the trading symbol KRFG in the securities registered pursuant to Section 12(b) table.