Hour Loop Awards $950,000 in Cash Bonuses to Top Executives

Reuters02-03 22:01
Hour Loop Awards $950,000 in Cash Bonuses to Top Executives

Hour Loop Inc. has approved cash bonuses for two of its top executives. Sam Lai, Chairman, CEO, and Interim CFO, will receive a $500,000 bonus, while Maggie Yu, Senior Vice President and Board member, will receive $450,000. The bonuses will be paid prior to March 31, 2026, on a date determined by Mr. Lai based on the company’s cash flow. Mr. Lai and Ms. Yu are husband and wife and together control approximately 94.84% of Hour Loop’s voting power.

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