KULR Technology Group Inc (KULR)

[Street Smart]

On June 30, 2021, Michael Mo, Chief Executive Officer and Chairman of KULR Technology Group Inc., a Delaware corporation (the “Company”), adopted a written sales plan in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the “Plan”) for the sale of up to 800,000 shares of the Company’s common stock owned by Mr. Mo during the period beginning June 30, 2021 and ending on June 30, 2022, subject to applicable securities laws, including Rule 144. In addition, the Plan provides for the sale of the shares at minimum price of $2.50.



Rule 10b5-1 permits corporate officers, directors and others to adopt written, pre-arranged stock trading plans when they are not in possession of material, non-public information. Using these plans, insiders may gradually diversify their investment portfolios and spread stock trades over a period of time regardless of any material, non-public information they may receive after adopting their plans. In accordance with Rule 10b5-1, Mr. Mo will have no discretion over the sales of his shares of common stock under the Plan.



Any stock sales made under the Plan for Mr. Mo will be publicly disclosed, as required by applicable securities laws. Except as may be required by applicable law, the Company does not undertake to report modifications, terminations or other activities under the Plan for Mr. Mo.