Mobile-health Network (MNDR) grants 3M Class A and B shares to Co-CEOs
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Key Figures
Shares to each Co-CEO: 1,500,000 shares
Total Class A shares granted: 1,500,000 shares
Total Class B shares granted: 1,500,000 shares
+2 more
5 metrics
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
Key Terms
Class A ordinary shares, Class B ordinary shares, remuneration packages, Compensation Committee, +1 more
5 terms
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.
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.