FIGX Capital Acquisition appoints Marc Holtzman to board; director Russel Read resigns
FIGX Capital Acquisition Corp. reported that Dr. Russel Read resigned from its board and from its Audit and Compensation Committees effective November 12, 2025, and that the board appointed Marc Holtzman, a senior advisor to the company, as a director on November 17, 2025, placing him on the Audit Committee and as chair of the Compensation Committee. The filing says Read's resignation was not due to any disagreement with the company, and Holtzman joined a letter agreement under which he agreed to waive certain redemption rights and vote his shares in favor of an initial business combination.
Key points
- Dr. Russel Read resigned November 12, 2025 from the board, Audit Committee and Compensation Committee chair role; the filing cites no disagreement with the company
- Marc Holtzman appointed to the board November 17, 2025 as a Class II director, with a term ending at the second annual general meeting
- Holtzman named to Audit Committee and chair of Compensation Committee
- Holtzman signed a joinder to a June 26, 2025 letter agreement with the sponsor, FIGX Acquisition Partners LLC, including waiver of certain redemption rights and a vote in favor of an initial business combination
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 18, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.