iFresh, Inc. (NASDAQ:IFMK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
On May 3, 2017, iFresh Inc. (the Company) received a letter of
resignation from Xiangke Fang to which Mr. Fang resigned as a
director of the Company. Mr. Xiangke Fang indicated that his
resignation was not the result of any disagreement with the
Company on any matter relating to the Companys operations,
polices or practices.
Also on May 3, 2017, the Companys Board of Directors appointed
Mark Fang to be a director of the Company. Also on May 3, 2017,
Mark C. Fang was appointed to serve as a member of the Companys
Audit Committee, Nominating Committee and Compensation Committee.
About iFresh, Inc. (NASDAQ:IFMK)
iFresh, Inc., formerly E-Compass Acquisition Corp., operates through its subsidiary, NYM Holding, Inc. (NYM). NYM is an Asian/Chinese grocery supermarket chain in the north-eastern United States providing food and other merchandise hard to find in mainstream grocery stores. As of December 31, 2016, NYM had eight retail supermarkets across New York, Massachusetts and Florida. As of December 31, 2016, NYM had two wholesale facilities. Its in-house wholesale businesses covers wholesale products and services both NYM retail supermarkets and external clients that range from wholesalers to retailing groceries and restaurants. iFresh, Inc. (NASDAQ:IFMK) Recent Trading Information
iFresh, Inc. (NASDAQ:IFMK) closed its last trading session up +0.56 at 13.71 with 4,849 shares trading hands.
