Company: WENNU
Filing Date: 2025-05-20
Form Type: 8-K
Source: 0001213900-25-045513
Chunk: 3

Company: WEN Acquisition Corp
Filing Date: 2025-05-20
Form: 8-K
Item: Item 5.02
Chunk 3
---
Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.

On
May 15, 2025, in connection with the IPO Josh Fried, Sheraz Shere and Drew Glover (collectively with Julian M. Sevillano, the “ Directors Board

Following
the appointment of the Directors, the Board is comprised of three classes. The term of office of the first class of directors, Class
I, consisting of Drew Glover, will expire at the Company’s first annual meeting of shareholders. The term of office of the second
class of directors, Class II, consisting of Julian Sevillano, will expire at the Company’s second annual meeting of shareholders.
The term of office of the third class of directors, Class III, consisting of Josh Fried and Sheraz Shere, will expire at the Company’s
third annual meeting of shareholders.

On
May 15, 2025, in connection with their appointments to the Board, each of the members of the Board entered into the Letter Agreement
as well as an indemnity agreement with the Company in the form previously filed as Exhibit 10.6 to the Registration Statement. Other
than the foregoing, none of the directors are party to any arrangement or understanding with any person pursuant to which they were appointed
as directors, nor are they party to any transactions required to be disclosed under Item 404(a) of Regulation S-K involving the Company.

The
foregoing descriptions of the Letter Agreement and the form of indemnity agreement do not purport to be complete and are qualified in
their entireties by reference to the Letter Agreement and the form of indemnity agreement, copies of which are attached as Exhibit 10.5
and 10.6 hereto, respectively, and are incorporated herein by reference.