In a recent filing with the Securities and Exchange Commission, BIMI International Medical Inc. (NASDAQ: BIMI) announced the immediate resignation of two members of its board of directors.
Barry I. Regenstein stepped down from his role as a director, including his position as Chairman of the Compensation Committee and as a member of the Audit Committee. Symington W. Smith also resigned as a director of the company. Both resignations took effect on May 31, 2024.
The company stated that these resignations were not due to any disagreements over operations, policies, or practices. The announcement comes as BIMI International Medical, a company engaged in the healthcare industry, continues to navigate the complexities of the market.
The board is actively seeking to fill the vacancies left by Regenstein and Smith. The promptness of this search indicates the importance of maintaining a full and functional board to oversee the company's governance and strategic direction.
This news is based on an SEC filing.
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