M&A - Leet INC.

Form Type: SCHEDULE 13D

Filing Date: 2025-05-06

Corporate Action: Merger

Type: New

Accession Number: 000168316825003176

Filing Summary: On May 6, 2025, Mr. Dai Song filed a Schedule 13D regarding his ownership in Leet Inc., highlighting that he directly holds 112,617,521 ordinary shares, which represent 74.53% of the issued and outstanding ordinary shares. Mr. Song has also acquired 1,000,000 Series A preferred shares, which constitute 100% of the total Series A preferred shares, and he indirectly holds 5,898,256 Series B preferred shares, totaling 100% of that series. This arrangement follows the acquisition of control over LEET Technology Inc. in October 2020, which was subsequently merged into Leet Inc. through a one-for-one exchange during the execution of an Agreement and Plan of Merger dated January 5, 2023. This merger primarily aimed at redomiciling LEET Technology Inc. from Delaware to a British Virgin Islands business structure. Mr. Song's primary occupation is as the Chief Executive Officer and Director of Leet Inc.