Lite Strategy Inc. Grants CEO Justin J. File New Employment Agreement with Enhanced Severance Benefits

Reuters12-30 19:04

<a href="https://laohu8.com/S/LITS">Lite Strategy Inc.</a> Grants CEO Justin J. File New Employment Agreement with Enhanced Severance Benefits

Lite Strategy Inc. has entered into a new employment agreement with Justin J. File, formalizing his appointment as Chief Executive Officer effective November 14, 2025. The agreement, dated December 23, 2025, replaces his previous employment contract. Under the new terms, if Mr. File’s employment is terminated without cause in the three months prior to a change in control at the request of the other party to the transaction, or if his employment is terminated without cause or by him for good reason within two years following a change in control, all of his outstanding stock options will fully vest and become exercisable as of his termination date, contingent on his signing an effective release of claims.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lite Strategy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-335761), on December 30, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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