UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Resignation of Directors and Officers
Effective as of March 6, 2025, Messrs. Carl Stuart Agren resigned as Director of TechCom Inc. (the “Company”), Sheharyar Haider Malhi resigned as Director of the Company, Charles Faulkner resigned as the Chief Executive Officer, of the Company, and Simon Wajcenberg resigned as the Chief Financial Officer, and Secretary of the Company.
Appointment of Directors and Officers
Effective as of March 6, 2025, AlphaBit, LLC, the holder of a majority of the issued and outstanding shares of Common Stock of the Company, elected Mr. Aziz Ali as sole Director of the Company and accepted the resignations of Messrs. Carl Stuart Agren and Sheharyar Haider Malhi.
Effective as of March 6, 2025, the Board of Directors (the “Board”) of the Company appointed Mr. Aziz Ali to serve as its Chief Executive Officer and Chief Financial Officer.
The Company currently pays no compensation to the new officer and no compensation will be paid so long as the Company has no operations or capital. Compensation will be paid should the Company become an operating company, of which there can be no assurance.
There are no related party transactions between the Company and Mr. Aziz that are required to be disclosed pursuant to Item 404(a) of Regulation S-K.
Biographical Information
Mr. Aziz Ali, age 44 – From July 2022 through the present, Mr. Ali has served as Founder and Chief Operating Officer of Cypher Labs Information Technology Consultants LLC, in Dubai, UAE. From 2021 through the present, Mr. Ali has served as Member of the Investment Committee and Chief Operating Officer of Cypher Capital DMCCC, in Dubai, UAE. From 2017 to 2021, Mr. Ali served as Managing Director of Phoenix Group of Companies in Dubai, UAE. The Company believes the Mr. Ali is well suited to be a Director, Chief Executive Officer and Chief Financial Officer due to his experience in international senior level management..
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SIGNATURES
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.
TechCom, Inc.
Dated: March 10, 2025 | |
By: /s/ Aziz Ali | |
Aziz Ali |
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Chief Executive Officer |
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