SOLAI names new board chair after Bo Yu resigns

Rhea-AI Filing Summary

SOLAI Limited reported leadership changes, with Co-Founder Bo Yu resigning as Chairman of the Board, Chief Operating Officer, and chair of the Compensation and Nominating and Corporate Governance Committees, effective April 29, 2026, for personal reasons, with no disagreement with the company or its board.

The Board appointed Man San Vincent Law, previously an Executive Director, as Chairman of the Board and chair of both committees, also effective April 29, 2026. He will continue to chair the Strategy Committee as SOLAI pursues its personal AI and digital infrastructure strategy.

Insights

Corporate governance analyst

SOLAI reshuffles top governance roles but maintains board continuity.

SOLAI Limited disclosed that Co-Founder Bo Yu stepped down as Chairman, Chief Operating Officer, and key committee chair on April 29, 2026, citing personal reasons and explicitly noting no disagreements on operations, policies, or practices.

The Board moved quickly to promote existing Executive Director Man San Vincent Law to Chairman and chair of the Compensation and Nominating and Corporate Governance Committees, while he continues leading the Strategy Committee. This keeps leadership within an experienced insider group as the company focuses on personal AI and digital infrastructure.

The filing includes standard forward-looking statement language tied to SOLAI’s strategic direction. Future company filings may provide more detail on how the leadership transition aligns with execution of its AI infrastructure and digital asset ecosystem plans.

Key Terms

foreign private issuer, Compensation Committee, Nominating and Corporate Governance Committee, Strategy Committee, +1 more

5 terms

foreign private issuer regulatory

"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"

A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.

Compensation Committee financial

"Chairman of both the Compensation Committee and the Nominating and Corporate Governance 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.

Nominating and Corporate Governance Committee financial

"Chairman of both the Compensation Committee and the Nominating and Corporate Governance Committee"

A nominating and corporate governance committee is a group within a company's board of directors responsible for selecting and recommending individuals to serve as company leaders, such as directors or executives. They also develop and oversee policies to ensure the company is run fairly, ethically, and transparently. This committee matters to investors because it helps ensure the company is well-managed and guided by qualified, responsible leadership.

Strategy Committee financial

"Mr. Law will continue to serve as Chair of the Strategy Committee."

forward-looking statements regulatory

"This news release contains forward-looking statements within the meaning of Section 21E"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What leadership changes did SOLAI Limited (SLAI) announce in this 6-K filing?

SOLAI Limited announced that Bo Yu resigned as Chairman, Chief Operating Officer, and chair of two key board committees, effective April 29, 2026. The board appointed Executive Director Man San Vincent Law as the new Chairman and committee chair while he continues leading the Strategy Committee.

Why did Bo Yu resign from his roles at SOLAI Limited (SLAI)?

Bo Yu resigned from his positions at SOLAI Limited for personal reasons. The company stated that his resignation does not involve any disagreement with SOLAI or its Board regarding operations, policies, or practices, emphasizing an amicable transition rather than a dispute-driven departure.

Who is the new Chairman of the Board at SOLAI Limited (SLAI)?

SOLAI Limited appointed Man San Vincent Law as Chairman of the Board effective April 29, 2026. Previously an Executive Director, he also becomes chair of the Compensation Committee and the Nominating and Corporate Governance Committee, while continuing to lead the Board’s Strategy Committee.

What business focus does SOLAI Limited (SLAI) describe in this filing?

SOLAI describes itself as a technology-driven personal AI and digital infrastructure provider. The company is building on its legacy in digital asset mining, data center operations, and high-performance computing to develop infrastructure supporting personal AI computing and digital asset ecosystems globally.

Does SOLAI Limited (SLAI) mention any disputes or operational issues tied to Bo Yu’s resignation?

No, the filing states Bo Yu’s resignation does not involve any disagreement with the company or its Board. It specifically notes no issues regarding operations, policies, or practices, framing the change as a personal decision and orderly governance transition.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/29/2026 - 06:49 AM EDT Learn about SEC filing dates

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 OF

THE SECURITIES EXCHANGE ACT OF 1934

For the month of April  2026

Commission File Number: 001-36206

SOLAI Limited

428 South Seiberling Street

Akron, Ohio 44306

United States of America

+1 (346) 204-8537

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 x         Form 40-F ¨

TABLE OF CONTENTS

Exhibit 99.1 Press release – SOLAI Limited Announces Changes to Board of Directors

SIGNATURE

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, thereunto duly authorized.

			SOLAI LIMITED
			By:	/s/ Xianfeng Yang
			Name:	Xianfeng Yang
			Title:	Chief Executive Officer
Date: April 29, 2026

Exhibit 99.1

SOLAI Limited Announces Changes to Board of Directors

AKRON, Ohio, April 29, 2026 /PRNewswire/ — SOLAI Limited (NYSE: SLAI) (previously traded under “BTCM”) (“SOLAI” or the “Company”), a technology-driven personal AI and digital infrastructure provider, today announced that Mr. Bo Yu has resigned from his positions as Chairman of the Board of Directors (the “Board”), Chief Operating Officer, and as Chairman of both the Compensation Committee and the Nominating and Corporate Governance Committee, effective April 29, 2026. Mr. Yu resigned for personal reasons and his resignation does not involve any disagreement with the Company or the Board on any matter relating to the Company’s operations, policies, or practices.

Concurrently, the Board has appointed Mr. Man San Vincent Law, formerly an Executive Director on the Board, as Chairman of the Board and Chair of both the Compensation Committee and the Nominating and Corporate Governance Committee, effective April 29, 2026. Mr. Law will continue to serve as Chair of the Strategy Committee.

Mr. Law commented, “On behalf of the Board and the management team, I would like to extend our deepest gratitude to Bo for his longstanding leadership of and contributions to SOLAI. As a Co-Founder, I have worked closely with him to shape our strategic direction over the years, from our transition into the blockchain sector to the development of our AI infrastructure. I look forward to building upon the strong foundation Bo helped establish. We are deeply grateful for his outstanding contributions, and we wish him all the very best in his future endeavors.”

“It has been a privilege to serve SOLAI and work alongside such a dedicated team over the years,” said Mr. Bo Yu. “I am proud of what we have accomplished together, I have full confidence in the Company’s future under the Board’s continued stewardship, and I look forward to following the Company’s continued success.”

About SOLAI Limited

SOLAI Limited (previously known as “BIT Mining Limited”) (NYSE: SLAI) (previously traded under “BTCM”) is a technology-driven personal AI and digital infrastructure provider. Building upon its historical legacy in digital asset mining and blockchain network operations, the Company is leveraging extensive experience in large-scale hardware deployment, data center operations, and high-performance computing to build the foundational infrastructure for personal AI computing and digital asset ecosystems globally.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “target,” “going forward,” “outlook” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking statements. Important factors that could cause SOLAI’s actual results to differ materially from those indicated in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

For further information:

SOLAI Limited 

ir@solai.com 

ir.solai.com 

www.solai.com

Christensen Advisory 

Jason Ng 

Tel: +852-2117-0861 

Email: solai@christensencomms.com

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EXHIBIT 99.1 8.2 KB