M&A - AMJ Global Technology

Form Type: 10-Q

Filing Date: 2025-05-29

Corporate Action: Acquisition

Type: Update

Accession Number: 000147793225004221

Filing Summary: AMJ Global Technology reported its quarterly performance for the period ended February 28, 2025. The company experienced a net loss of $55,362, with total revenues remaining at zero. Operating expenses increased compared to the previous year, notably in management compensation and professional fees. As of February 28, 2025, the company has 107,785,190 shares of common stock outstanding. Significant movements in assets and liabilities included total current liabilities of $243,215, while total assets were reported at $889,799. The company has grown its equity investments related to a related party for acquisition purposes, reflecting ongoing strategic decisions to strengthen its market position. Details of a binding Letter of Intent were noted regarding the acquisition of AMJ Global Entertainment’s equity stake, with an acquisition amount of $1,000,000 structured over a two-year payment term. This points to a strategic shift in asset acquisition to enhance operational capabilities.

Form Type: 8-K

Filing Date: 2025-01-28

Corporate Action: Acquisition

Type: New

Accession Number: 000147793225000485

Filing Summary: On January 27, 2025, AMJ Global Technology entered into a Stock Purchase Agreement with JP MICHAEL LLC. Under the terms of the Agreement, AMJ Global Technology will sell 5,000,000 restricted shares of its common stock to the Investor in exchange for 2,000,000 restricted shares of common stock of Diamond Lake Minerals, Inc. This transaction is being executed as a private placement under Section 4(a)(2) of the Securities Act, with the Investor confirming their intention to acquire the securities for investment purposes only, without intent to resell. Restrictive legends will be affixed to the certificate representing the shares. The Investor is also confirmed to be an accredited investor with adequate access to relevant information about the Company.

Form Type: 8-K

Filing Date: 2025-01-27

Corporate Action: Acquisition

Type: New

Accession Number: 000147793225000457

Filing Summary: On January 24, 2025, AMJ Global Technology entered into a Purchase Agreement with AMJ Global Entertainment LLC, which is controlled by the Company’s CEO, Dr. Arthur Malone, Jr. Under the terms of the Agreement, the Company will pay $1,000,000 to acquire a 25% equity stake in Dark Bull Capital held by AMJ Global Entertainment. The document indicates that further details of the Agreement are included as Exhibit 10.1.