0001663577-26-000136
SEC filingCEO Ahmad Moradi resigned effective May 7, 2026, with no severance, only accrued compensation, and a mutual release was signed.
On May 7, 2026, Dr. Ahmad Moradi resigned as CEO of AI Era Corp., effective immediately. The resignation was not due to any disagreement with the company. In connection with his departure, the company entered into a Separation and Release Agreement on May 8, 2026, which provides only for accrued but unpaid base salary, a pro-rated remote-work stipend, and approved unreimbursed expenses. No severance, equity acceleration, or other benefits are provided. The agreement includes a mutual release of claims, including under the Age Discrimination in Employment Act, and reaffirms Moradi's post-termination obligations such as confidentiality and non-competition. The departure of a CEO is a significant event for investors, as it may signal changes in leadership direction. The clean break with no severance suggests an amicable separation.