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Mobile-health Network (MNDR) grants 3M Class A and B shares to Co-CEOs

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

Rhea-AI Filing Summary

Mobile-health Network Solutions disclosed that its Board approved significant share-based remuneration for its two Co-Chief Executive Officers. Each of Dr. Siaw Tung Yeng and Dr. Teoh Pui Pui will receive 750,000 Class A ordinary shares and 750,000 Class B ordinary shares, for a total of 3,000,000 shares across both classes. The Compensation Committee reviewed and recommended the issuances on April 10, 2026, and the Audit Committee confirmed compliance with applicable accounting and disclosure requirements before the Board’s unanimous approval on April 11, 2026.

Positive

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Negative

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Shares to each Co-CEO 1,500,000 shares 750,000 Class A and 750,000 Class B per Co-CEO
Total Class A shares granted 1,500,000 shares Aggregate Class A ordinary shares to both Co-CEOs
Total Class B shares granted 1,500,000 shares Aggregate Class B ordinary shares to both Co-CEOs
Board approval date April 11, 2026 Date Board unanimously approved the share grants
Committee review date April 10, 2026 Compensation and Audit Committees review and confirmation
Class A ordinary shares financial
"approved the issuance of an aggregate of 750,000 Class A ordinary shares"
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
Class B ordinary shares financial
"and 750,000 Class B ordinary shares of the Company to Dr. Siaw"
Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.
remuneration packages financial
"as part of their respective remuneration packages"
Compensation Committee regulatory
"the share issuance was reviewed and recommended by the Compensation Committee"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
Audit Committee regulatory
"with the Audit Committee of the Company confirming the Company’s compliance"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 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 April 2026

 

Commission file number: 001-41990

 

 

 

Mobile-health Network Solutions

 

 

(Exact name of registrant as specified in its charter)

 

2 Venture Drive, #07-08 Vision Exchange

Singapore 608526

+65 6222 5223

(Address of principal executive offices)

 

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

 

 

 

 

 

 

Approval of Share Issuance to Co-CEOs as Part of Remuneration Package.

 

On April 11, 2026, the Board of Directors of Mobile-health Network Solutions (the “Company”) approved the issuance of an aggregate of 750,000 Class A ordinary shares and 750,000 Class B ordinary shares of the Company to Dr. Siaw Tung Yeng, our Co-Chief Executive Officer and Chairman, and 750,000 Class A ordinary shares and 750,000 Class B ordinary shares to Dr. Teoh Pui Pui, our Co-Chief Executive Officer, as part of their respective remuneration packages.

 

On April 10, 2026, the share issuance was reviewed and recommended by the Compensation Committee of the Company, with the Audit Committee of the Company confirming the Company’s compliance with applicable accounting and disclosure requirements. Subsequently, the Board of Directors unanimously approved the grant.

 

 

 

 

SIGNATURES

 

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

 

  Mobile-health Network Solutions
   
Date: April 13, 2026 By: /s/ Siaw Tung Yeng
    Siaw Tung Yeng
    Co-Chief Executive Officer and Chairman

 

 

 

FAQ

What did Mobile-health Network Solutions (MNDR) announce in this Form 6-K?

Mobile-health Network Solutions announced Board approval of new share issuances to its two Co-Chief Executive Officers as part of their remuneration. The awards consist of both Class A and Class B ordinary shares following committee review and confirmation of accounting and disclosure compliance.

How many shares are being issued to the Co-CEOs of MNDR?

Each Co-CEO will receive 750,000 Class A ordinary shares and 750,000 Class B ordinary shares. In total, the company is issuing 1.5 million Class A and 1.5 million Class B ordinary shares as part of these remuneration packages.

Who are the executives receiving shares from Mobile-health Network Solutions (MNDR)?

The share issuances are granted to Dr. Siaw Tung Yeng, Co-Chief Executive Officer and Chairman, and to Dr. Teoh Pui Pui, Co-Chief Executive Officer. Both executives are receiving equal amounts of Class A and Class B ordinary shares as part of their remuneration packages.

What role did the Compensation Committee play in MNDR’s share issuance decision?

On April 10, 2026, the Compensation Committee reviewed and recommended the share issuances to the Co-CEOs. This committee-level review formed part of the company’s internal governance process before the Board of Directors unanimously approved the grants.

How did Mobile-health Network Solutions ensure compliance for these share grants?

The Audit Committee confirmed the company’s compliance with applicable accounting and disclosure requirements in connection with the share issuances. This confirmation occurred before the Board unanimously approved the grants, providing an additional layer of oversight and regulatory alignment.

When did the Board of Mobile-health Network Solutions approve the Co-CEO share issuances?

The Board of Directors approved the share issuances on April 11, 2026. This followed an April 10, 2026 review and recommendation by the Compensation Committee and a confirmation by the Audit Committee regarding compliance with accounting and disclosure requirements.