EMCGF · Embrace Change Acquisition Corp.
$11.21
At close · Jul 16
Going-concern doubt
— flagged Dec 10, 2025
Substantial doubt about the company's ability to continue as a going concern.
“management has determined that if the Company is unsuccessful in consummating an Initial Business Combination by August 12, 2026 (as of the date of these unaudited interim consolidated financial statements are issued, $75,000 of the required extension payments has not been deposited into the Trust Account), the requirement that the Company cease all operations, redeem the Public Shares and thereafter liquidate and dissolve raises substantial doubt about the Company's ability to continue as a going concern within one year after the date that the unaudited interim consolidated financial statements are issued.”View the 10-Q filed Dec 10, 2025
Market Cap
$27.15M
Shares
2.42M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
No Compensation Data
No Summary Compensation Table has been imported from this company's proxy statements yet.
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Zheng Yuan | Chief Executive Officer | Appointed | 2025-12-30 |
| Jingyu Wang | Chief Executive Officer | Resigned | 2025-12-30 |
| Mou Zhou | independent director | Resigned | 2025-04-02 |
| Jingyu Wang | Chief Executive Officer | Appointed | 2022-12-07 |
| Jingyu Wang | Class III director | Appointed | 2022-12-07 |
| Jingyu Wang | Chairman of the Board of Directors | Appointed | 2022-12-07 |
| Yoann Delwarde | Chief Executive Officer | Resigned | 2022-12-07 |
| Yoann Delwarde | Chairman of the Board of Directors | Resigned | 2022-12-07 |
| Mo Zhou | Class II director | Appointed | 2022-12-07 |
| Gregory De Richemont | independent director | Resigned | 2022-12-07 |
| Hang Zhou | director | Appointed | 2022-08-12 |
| Gregory de Richemont | director | Appointed | 2022-08-12 |
| Jiangping (Gary) Xiao | director | Appointed | 2022-08-12 |