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Investors


Why Ispire Technology

Large and Rapidly Growing Markets

E-vapor and cannabis vaping markets are expected to reach $29.9 billion and $11.6 billion in 2024. E-vapor – Continues to be driven by the secular trend of healthier tobacco alternatives. Cannabis vaping – Favorable political environment coupled with the rise in popularity of cannabis derivatives.

Industry Leading Innovations

As the pioneer of the “cloud chasing” movement, Ispire is at the forefront of disruptive vaping technologies. Over 200 patents issued and over 800 patents pending across China, the U.S., E.U. and other countries.

Globally Recognized Consumer Brand

Serial winner of various renowned vaping rewards voted by users, including ecc, VTC, NVE, among others. Full-stack marketing initiatives have generated traction across platforms such as Instagram, Facebook and YouTube.

Deep Bench of Industry Veterans

Senior management team has a combined experience of over 50 years in consumer electronics with track record of innovation and execution in the e-vapor products industry.

Leadership

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Tuanfang Liu

Chairman and Co-CEO
Tuanfang Liu
Chairman and Co-CEO
Mr. Liu has served as the Chairman of the Board of Directors and the Chief Executive Officer of Aspire Global Inc. since inception. Mr. Liu has served as Chairman of Shenzhen Yi Jia Technology Co., Limited, a company primarily engaged in e-cigarette manufacturing since he founded the company in June 2010. He is responsible for daily operations as well as research and development of the e-cigarette and cannabis vaporizer technology products. Mr. Liu has served as the Vice-Chairman of the European Union E-cigarette Association since 2019, Vice-Chairman and Founding Member of the Canada E-cigarettes Association since 2019, Vice-Chairman of the China Electronics Chamber of Commerce since 2017, and executive Vice-Chairman and Founder of the Shenzhen E-Vapor Industry Association since October 2017. He received the “Shenzhen High-level Professionals” award in 2019. Mr. Liu holds doctorate degrees in Business Management from Victoria University School of Management in Switzerland and EuroPort Business School in the Netherlands, respectively. He has more than 14 years of experience in research and development of e-cigarette products and quality control management.
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Michael Wang

Co-CEO
Michael Wang
Co-CEO
Michael Wang was promoted to the role of Co-Chief Executive Officer (CEO) on August 7, 2023. Mr. Wang had previously served as our Chief Financial Officer since August 2020. Mr. Wang is an experienced CEO, COO and President for a number of companies. From September 2018 through August 2020, he was the President, COO and then Co-CEO of The Pharm/Sunday Goods (located in California and Arizona), a vertically integrated leader in the cannabis cultivation, processing, manufacturing, distribution, wholesale, and retail industry. Mr. Wang served as President and COO of Onestop Commerce from 2013 to 2015 and as CEO from 2015 to 2018. Onestop Commerce managed all aspects of omni-channel-commerce for over 100 of the world’s top lifestyle brands and retailers. From 2005 through 2012, he was the Chief Operating and Fulfillment Officer and an investor in Zazzle, a world leader in online customization and personalization service. He started his leadership career in 1992 at Honeywell. Mr. Wang received Bachelor of Science and Master of Science degrees in Aerospace Engineering in 1983 and 1985 respectively, from the Beijing University of Aeronautics & Astronautics. In 1987, he received a Master of Science degree in Systems Engineering from Oakland University located in Rochester, Michigan. In 1992, Mr. Wang received an MBA in Finance and General Management from the University of Chicago’s Booth School of Business.
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Jim McCormick

Chief Financial Officer
Jim McCormick
Chief Financial Officer
Jim McCormick brings more than three decades of diverse leadership experience to his new role. He started his career in public accounting with KPMG Peat Marwick in 1989, transitioning to consumer goods with Mid-America Pepsi-Cola and later joining British American Tobacco’s (BAT) associate company Brown & Williamson Tobacco in 1992. More than a dozen years at BAT, he held various international general management and CFO positions across Europe, South America, Southeast Asia, Sub-Saharan Africa, and Northern Africa. In 2009, he returned to the US, holding CFO roles in Federal Flange Inc. and Sodexo’s Corporate Service division. He later joined ECIG, a publicly traded vaping products company, before serving as COO and CFO of KushCo Holdings Inc. from August 2017 to January 2019, and as president of Ignite International Inc. until December 2019. Most recently, he has provided consultancy services to several companies, including UMBRLA, Inc., Redbird Bioscience, Cars & Credit Master, Abstrax Tech Inc., and Thought Leaders, Inc., focusing on the heated tobacco sector. Jim holds a B.S. in Finance and Accounting from Eastern Illinois University (1988) and an MBA from Southern Illinois University Edwardsville (1992).
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Ted Rouhani

President
Ted Rouhani
President
Ted Rouhani was appointed President of the Company in May 2024. Mr. Rouhani served as our Chief Operating Officer from July 2022 to May 2024. In the prior few years, Mr. Rouhani has been deeply entrenched in the cannabis industry. He held the role of COO at Touchstone, one of the largest extraction and co-packing businesses in California, before taking on the role of CEO for Napalm Brands. He earned his undergraduate and graduate degrees from the University of Arizona where he studied business. Mr. Rouhani started his career in audit and consulting with Deloitte, expanding into tech and finance, which later evolved into operating roles.
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Steven Przybyla

Chief Legal Officer
Steven Przybyla
Chief Legal Officer
Steven Przybyla has been the Company’s Chief legal Officer since September 2023. Steven brings to Ispire 10 years of experience in the regulated cannabis industry, and nearly half a decade of experience in nicotine/tobacco product regulation. Steven was previously General Counsel and Corporate Secretary of 22nd Century Group, Inc. (NASDAQ:XXII) and helped to secure the only Modified Risk Tobacco Product approval for a combustible cigarette ever authorized by FDA. He has previously helped build, scale and take-public companies such as Jushi, Inc. (CSE: JUSH) where he was among the initial employees and helped oversee Jushi’s growth to 1,500 employees while serving as President of Jushi’s medical division. Steven has also held roles as General Counsel of the Dent Neurologic Institute and the Seneca Development Corporation where he oversaw a variety of both cannabis and corporate legal initiatives. Steven started his career as a corporate and regulatory attorney at Phillips Lytle LLP. Steven received his undergraduate degree in Economics from Washington & Lee University and his Juris Doctor from Columbia Law School.

Board of Directors

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Tuanfang Liu

Chief Executive Officer and Chairman
Tuanfang Liu
Chief Executive Officer and Chairman
Mr. Liu has served as the Chairman of the Board of Directors and the Chief Executive Officer of Aspire Global Inc. since inception. Mr. Liu has served as Chairman of Shenzhen Yi Jia Technology Co., Limited, a company primarily engaged in e-cigarette manufacturing since he founded the company in June 2010. He is responsible for daily operations as well as research and development of the e-cigarette and cannabis vaporizer technology products. Mr. Liu has served as the Vice-Chairman of the European Union E-cigarette Association since 2019, Vice-Chairman and Founding Member of the Canada E-cigarettes Association since 2019, Vice-Chairman of the China Electronics Chamber of Commerce since 2017, and executive Vice-Chairman and Founder of the Shenzhen E-Vapor Industry Association since October 2017. He received the “Shenzhen High-level Professionals” award in 2019. Mr. Liu holds doctorate degrees in Business Management from Victoria University School of Management in Switzerland and EuroPort Business School in the Netherlands, respectively. He has more than 14 years of experience in research and development of e-cigarette products and quality control management. Mr. Liu is the spouse of Jiangyan Zhu.
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Jiangyan Zhu

Director
Jiangyan Zhu
Director
Jiangyan Zhu has served as our Director since inception. Ms. Zhu is one of the founders of Aspire Global and is a director of Aspire Global, and, since 2013, has served as vice president of finance of Shenzhen Yi Jia, where she is responsible for financial management, assisting in human resources management and establishing and improving the automated office system. Ms. Zhu holds a bachelor’s degree in business management from Jiangxi University of Technology. She also holds a Business Management certificate from the College of Continuing Education Graduate School of Shenzhen Tsinghua University. Ms. Zhu is the spouse of Mr. Tuanfang Liu.
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Brent Cox

Independent Director
Brent Cox
Independent Director
Brent Cox has served as the co-founder and managing partner of The Inception Companies, a private investment firm, a position he has held since 2016. From September 2008 to April 2016, he served as a principal investor of the Yucaipa Companies, a Los Angeles, California based private equity firm where he was responsible for sourcing, analyzing and executing investment opportunities, structuring financing for investments and monitoring the performance and strategic initiatives of its portfolio companies. From 2006 to 2008, Mr. Cox served as an investment banking analyst in the Leveraged Finance Group of Jefferies & Co. a multinational independent investment bank and financial services company. Mr. Cox received a bachelor of science degree from the University of Southern California.
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John Fargis

Independent Director
John Fargis
Independent Director
John Fargis has served as the co-founder and principal of BYG Advantage since June 2014, a Beijing-based platform that outsources business development, sales acceleration bridging best in class technology into the Asia Pacific region. Clients include Hashicorp, Trustonic, Tomorrow.io, and EF. Its services include market analysis, market entry, market acceleration, government relations and special vehicle creation across the region. Mr. Fargis founded and runs Dustybrine LLC, a market entry consulting firm in New York State. Mr. Fargis has been serving as the professor of management, strategy, and emerging markets at Hult International Business School since February 2014, where he teaches courses including strategy, management, emerging markets, leadership, operations and big data. Mr. Fargis has been also serving as the Adjunct Professor of Strategy and China History since January 2014 in Shanghai, China. Mr. Fargis has been serving as the principal Asia-Pacific of Hortonworks since 2014. From March 2010 to December 2013, Mr. Fargis served as the executive vice president and general manager at Kaseya where he incorporated, staffed and ran offices for Kaseya in Beijing, Seoul, Tokyo and Hong Kong. The company was purchased by Insight Venture Partners in June 2013. From 2007 to April 2010, Mr. Fargis served as the vice president sales and general manager of Asia of On2 Technologies which was purchased by Google in February 2010. From August 2005 to October 2007, Mr. Fargis served as the general manager Asia Pacific of Global IP Solutions (GIPS), where he oversaw sales and business development strategy for Global IP Sound (GIPS) in Asia. GIPS provides premiere quality speech processing technology for Voice Over IP (VOIP) networks, and its software enables numerous clients including application providers such as Skype, Google, AOL, Tencent, etc. From January 2004 to July 2005, Mr. Fargis served as the chief executive officer of SiMa Systems, where he oversaw funding and alliance strategy and general management for this digital clipboard solutions company. In 1998, Mr. Fargis received his master of arts in law and diplomacy degree in international consulting at The Fletcher School of Law and Diplomacy. In 1992, Mr. Fargis received his master’s degree in special education at Hunter College. In 1988, Mr. Fargis received his bachelor’s degree in medieval studies at Wesleyan University.
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Chris Burch

Independent Director
Chris Burch
Independent Director
Christopher Robert Burch has worked in the finance and venture capital industries for more than 15 years. Currently, Mr. Burch is consulting for Bioglobal Inc., a biopesticides company. From September 2020 to May 2022, Mr. Burch served as Chief Financial Officer at Braun Bio-Technology (Shan Dong) Co. Ltd. in China where he was responsible for fundraising and corporate strategies. Prior to that, from January 2020 to September 2020, Mr. Burch served as Chief Financial Officer at Waton Corporation Limited where he was responsible for fundraising, financial planning, cash flow management, investor relations, banking relations, securities licensing, and strategy direction. From July 2019 to November 2019, Mr. Burch worked at Zhejiang Panshi Information Technology Co. Ltd. as a Vice President responsible for corporate strategic investment. From March 2017 to July 2019, Mr. Burch served as a Managing Director at Feiyang Group Co. Ltd. in Hong Kong and China where he was responsible for fundraising and providing advisory services to the sector. Prior to joining the Company, from October 2008 to October 2014 Mr. Burch served on the board of directors of KeenHigh Technologies Limited, listed on Taiwan’s Emerging Stock Market (TW:3651). In 2006, Mr. Burch received a Master of Business Administration with a focus on technology management from Tsinghua University. In 1993, Mr. Burch received a bachelor’s degree in business administration with concentration in decision sciences from Georgia State University. In 1991, Mr. Burch received a bachelor’s degree in business administration with concentration in finance from University of Georgia. We believe that Mr. Burch is well qualified to serve as a member of our board of directors because of his experience in finance, operations of public companies and corporate fundraising and strategy.

Board Committee Composition

AUDIT COMMITTEE COMPENSATION COMMITTEE  NOMINATING AND CORPORATE GOVERNANCE COMMITTEE
Tuanfang Liu (🗣️)👤 - Chair
Jiangyan Zhu   
Chris Burch (👥) 👤👤👤
John Fargis (👥) 👤👤 - Chair👤
Brent Cox (👥)👤 - Chair👤
🗣️ Chairman of the Board
👤 Committee Member
👥 Financial Expert

Board Diversity Matrix for Ispire Technology Inc.

As of April 3, 2024
PART I: GENDER IDENTITYFEMALEMALE NON-BINARY DID NOT DISCLOSE GENDER
Directors14
PART II: DEMOGRAPHIC BACKGROUNDFEMALEMALE NON-BINARY DID NOT DISCLOSE GENDER
African American or Black
Alaskan Native or Native American   
Asian 11
Hispanic or Latinx
Native Hawaiian or Pacific Islander
White3
Two or More Races or Ethnicities
LGBTQ+
Did Not Disclose Demographic Background

Corporate Governance

Compensation Committee Charter

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Nominating and Corporate Governance Committee Charter

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Audit Committee Charter

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Code of Business Conduct and Ethics

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Latest Presentation

May 2024

May 2024 Management Presentation

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SEC Filings