Board member Tony Aquila to leave Technology, Inc. (NASDAQ: MAPS)
Rhea-AI Filing Summary
Technology, Inc. reported that board member Tony Aquila has decided to resign from its board of directors and all board committees. His resignation will be effective on September 2, 2025.
The company stated that Mr. Aquila’s decision was not based on any disagreement regarding its operations, policies, or practices.
Positive
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Negative
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8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
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FAQ
What did Technology, Inc. (MAPS) disclose in this 8-K filing?
Technology, Inc. disclosed that director Tony Aquila has decided to resign from the board and all its committees, effective September 2, 2025. The company noted his decision was not based on any disagreement over operations, policies, or practices.
When will Tony Aquila’s resignation from Technology, Inc. (MAPS) be effective?
Tony Aquila’s resignation from the board of Technology, Inc. will be effective September 2, 2025. Until that date, he remains a board member and committee participant as described in the company’s current governance structure.
Did Tony Aquila cite any disagreement with Technology, Inc. (MAPS)?
No. Technology, Inc. stated that Tony Aquila’s decision to resign was not based on any disagreement with the company. This includes no disagreement regarding its operations, policies, or business practices, according to the disclosure.
Which role did Tony Aquila hold at Technology, Inc. (MAPS) before resigning?
Tony Aquila served as a member of the board of directors of Technology, Inc. He also sat on all committees of the board referenced in the filing, and his resignation covers both the board seat and those committee positions.
Under which item of Form 8-K was Tony Aquila’s resignation reported for MAPS?
Tony Aquila’s resignation was reported under Item 5.02 of Form 8-K. This item covers departures of directors or certain officers, elections of directors, appointments of certain officers, and compensatory arrangements involving such officers.
What securities of Technology, Inc. (MAPS) are listed on Nasdaq?
Technology, Inc. lists its Class A Common Stock with the trading symbol MAPS on The Nasdaq Global Select Market. It also lists warrants, trading under MAPSW, each exercisable for one share of Class A Common Stock at an exercise price of $11.50.