M&A - Blue Chip Capital Group Inc.
Form Type: 8-K/A
Filing Date: 2025-07-16
Corporate Action: Acquisition
Type: Update
Accession Number: 000164117225019848
Filing Summary: On October 30, 2024, Blue Chip Capital Group, Inc. approved a Share Exchange and Conversion Agreement with GSFI Rome LLC. Under the Agreement, Blue Chip will exchange shares of its Common Stock for 100% of GSFI's capital stock. This transaction involves distributing shares to shareholders of Green Stream Finance Inc. via a new registration statement. The Company is moving forward with acquiring certain GSFI assets for an estimated valuation of approximately $4,000,000, as the complete audited financial statements of GSFI have not been received yet. A new asset purchase agreement is under negotiation to facilitate this acquisition, which includes issuing shares to Green Stream shareholders. The registration statement will feature the Company’s audited financials for the fiscal year ending May 31, 2025.
Additional details:
Share Exchange Agreement Date: 2024-10-30
Gsfi Valuation Estimate: 4000000
Asset Purchase Agreement Status: under negotiation
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