Co-founder takes control of TuSimple amid federal probe into self-driving trucking company

TuSimple Holdings Inc. co-founder Mo Chen has taken control of the self-driving trucking company as federal authorities continue to investigate TuSimple’s relationship with Chen’s other startup, a Chinese hydrogen-trucking company.

A TuSimple TSP filing with the Securities and Exchange Commission on Wednesday shows that Chen has 59% of the voting power at the San Diego-based company, giving him control as of Nov. 9, a day before the company announced it had ousted its board of directors. Chen acquired the stake through stock purchases using his family trust and British Virgin Islands-based entities, according to the securities filing.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

TuSimple Co-Founder Takes Control of Self-Driving Trucking CompanyTuSimple co-founder Mo Chen has taken control of the self-driving trucking company as federal authorities continue to investigate TuSimple’s relationship with Chen’s other startup, a Chinese hydrogen-trucking company
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »

How CBRE Group Inc. is reexamining its own office space - Jacksonville Business JournalThe Business Journals recently caught up with Peter Van Emburgh, senior vice president and global head of real estate at CBRE Group Inc., in the company's Atlanta office. Van Emburgh oversees about 7 million square feet of office space across 600 locations globally for CBRE.
Fonte: JaxBizJournal - 🏆 599. / 51 Consulte Mais informação »