10/14/2025 | Press release | Distributed by Public on 10/14/2025 09:26
Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Change in Officers and Director Resignation
On October 14, 2025, Olegs Pavlovs resigned as a member of the Board of Directors of Londax Corp. (the "Company") effective immediately. Mariami Togonidze was appointed on October 14, 2025 as the member of the Board of Directors of the Company age 30, has deep experience of supervising and leading different startup projects. Olegs Pavlovs resignation was as a result of the Company's desire to reduce costs and increase internal efficiency and was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.
On October 14, 2025, Olegs Pavlovs resigned as the Company's Interim Chief Executive Officer and Interim Chief Financial Officer. Giorgi Loloshvili was appointed as the Company's Interim Chief Executive Officer and Interim Chief Financial Officer on October 14, 2025.
Item 8.01 - Other Events
On October 14, 2025 the Company relocated its principal executive offices from Puces iela 47, Riga LV-1082, Latvia to Yiangou Potamiti 27, Limassol 3010, Cyprus. The Company's telephone number remains unchanged.