Graphene & Solar Technologies Sees Second Board Resignation in Months
Summary
Andrew Liang has resigned from the Board of Directors of Graphene & Solar Technologies, effective June 21, 2026. This marks the second board resignation for the company in recent months, following the departure of CFO and board member David Hal in April. While the company stated the resignation was not due to disagreements, a pattern of board changes can raise questions about governance and stability, especially for an OTC company that recently reported worsening financial health in its May 10-Q. This news comes shortly after the company announced a significant $45 million contract award to its subsidiary.
At the time of this announcement, GSTX was trading at $0.09 on OTC in the Industrial Applications And Services sector, with a market capitalization of approximately $65.1M. The 52-week trading range was $0.00 to $0.21. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Wiseek News.