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Aqua Metals averts board challenge as interim CEO steps down

Wed, 05/16/2018 - 10:14 -- Xuan Zhong
Aqua Metals averts board challenge as interim CEO steps down

US lead-acid battery-recycling start-up Aqua Metals has buried the hatchet with a hedge fund accused of trying to “steal control” of the company— but lost another CEO in the process.

Aqua Metals has entered into a settlement agreement with Florida-based Kanen Wealth Management (KWM)— which had urged shareholders to vote for its director candidates to join the board at an upcoming crunch annual meeting of stockholders next month.

 

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