BTC Digital(METX)

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BTC Digital(METX) - 2020 Q4 - Annual Report
2021-04-30 20:11
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15( ...
BTC Digital Ltd(METX) - 2021 Q1 - Quarterly Report
2021-03-30 16:00
[Director Appointment Letter](index=1&type=section&id=Director%20Appointment%20Letter) This document details the terms and conditions for the appointment of a director to the Board of Meten EdtechX Education Group Ltd [Appointment and Term](index=1&type=section&id=Appointment%20and%20Term) This section details the director's appointment, the effective date of the agreement, and the term of service, which is subject to annual re-election - Meten EdtechX Education Group Ltd. offered Mr. Guoqiang Fei a position on its board of directors on March 26, 2021[1](index=1&type=chunk) - The director's term begins upon appointment and continues until a successor is duly elected and qualified[2](index=2&type=chunk) - The directorship is subject to re-election each year at the annual shareholder's meeting[2](index=2&type=chunk) [Services and Compensation](index=1&type=section&id=Services%20and%20Compensation) This section outlines the director's duties, committee appointments, compensation structure, and eligibility for expense reimbursement - The director's duties include serving on the Board and the committees listed in Schedule A, attending meetings either in person or remotely (teleconference, video conference)[3](index=3&type=chunk) Committee Appointments (Schedule A) | Committee | Title | |--------------------------------------------|-------| | Audit Committee | N/A | | Nominating and Corporate Governance Committee | N/A | | Compensation Committee | N/A | Director Compensation (Schedule B) | Compensation Type | Amount | |-------------------|-------------| | Cash Compensation | US$0 per year | - The director is entitled to reimbursement for reasonable and pre-approved expenses related to their duties[3](index=3&type=chunk) [Director Obligations and Restrictions](index=1&type=section&id=Director%20Obligations%20and%20Restrictions) This section details the director's obligations concerning confidentiality, ownership of inventions, non-competition, and non-solicitation post-termination - **Confidentiality**: The director must hold all Confidential Information in trust and confidence, not disclosing it without prior written consent from the Company. This obligation survives the termination of the agreement[8](index=8&type=chunk) - **Ownership of Inventions**: The Company owns all rights to any inventions, ideas, or know-how created by the director during the term of the agreement that arise from their duties[9](index=9&type=chunk) - **Non-Competition**: The director is prohibited from engaging with any competing business in the People's Republic of China during their board tenure and for 12 months following termination[10](index=10&type=chunk) - **Non-Solicitation**: The director may not solicit any company employees for employment for a period of 12 months after their board membership ends[11](index=11&type=chunk) [Termination and Resignation](index=2&type=section&id=Termination%20and%20Resignation) This section outlines the conditions for termination of board membership by the company or resignation by the director, including the forfeiture of unvested shares - The director's membership on the Board can be terminated by an Ordinary Resolution as defined in the Company's Articles of Association[12](index=12&type=chunk) - The director can resign at any time by delivering a written notice to the Company[12](index=12&type=chunk) - Upon termination or resignation, any shares that have not vested as of the effective date shall be forfeited and cancelled[12](index=12&type=chunk) [Legal and Miscellaneous Provisions](index=4&type=section&id=Legal%20and%20Miscellaneous%20Provisions) This section details the governing law, indemnification provisions, and clarifies that the agreement does not constitute an employment contract - **Governing Law**: The agreement shall be governed and construed in accordance with the internal laws of the State of New York[14](index=14&type=chunk) - **Indemnification**: The Company will indemnify the director against expenses (including attorney's fees) from third-party proceedings related to their duties, unless caused by the director's negligence, fraud, or willful misconduct[16](index=16&type=chunk) - **Entire Agreement**: This letter constitutes the entire understanding between the parties and supersedes any prior agreements[15](index=15&type=chunk) - **Not an Employment Agreement**: The agreement explicitly states that it is not an employment agreement and does not create any right to continued employment[17](index=17&type=chunk)
BTC Digital(METX) - 2019 Q4 - Annual Report
2020-06-04 10:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 ...