M&A: BlueOne Card, Inc.
Form Type: 8-K
Filing Date: 2024-12-13
Corporate Action: Acquisition
Type: New
Accession Number: 000149315224050038
Comments: On December 13, 2024, BlueOne Card, Inc. completed an acquisition involving the purchase of 3,600,000 shares of Common Stock from Millennium EBS, Inc. (MEI), constituting 60% of MEI's outstanding equity, in exchange for 2,100,000 shares of BlueOne's Common Stock. Additionally, a Cash Consideration of $500,000 is to be paid to the shareholder, Shinto Matthew, within 90 days of closing. This transaction was completed following the filing of Articles of Exchange, approved by the Company's Board of Directors. Consequently, MEI has become a subsidiary of BlueOne Card, Inc.
Document Link: View Document
Additional details:
Acquisition Date: 2024-12-13
Shares Acquired: 3600000
Shares Issued: 2100000
Cash Consideration: 500000 USD
Percentage Acquired: 60%