Summary by Moomoo AI
NIP Group Inc. filed a Form S-8 registration statement with the SEC on December 31, 2024, for its 2024 Share Incentive Plan. The filing incorporates by reference the company's F-1 registration statement and Form 8-A, as well as subsequent filings under Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act.The registration provides for indemnification of directors and officers against certain liabilities, subject to limitations under Cayman Islands law and SEC regulations. NIP Group's articles of association allow for indemnification, except in cases of dishonesty, willful default, or fraud.The company is classified as a non-accelerated filer and emerging growth company. Mario Yau Kwan Ho and Hicham Chahine serve as Co-Chief Executive Officers, with Zhiyong Li as Chief Financial Officer. The filing includes a power of attorney authorizing the Co-CEOs to act on behalf of other signatories for future amendments.
