M&A - Leet Technology Inc.
Form Type: 15-12G
Filing Date: 2025-06-25
Corporate Action: Merger
Type: Update
Accession Number: 000168316825004752
Filing Summary: Leet Technology Inc. filed Form 15-12G to terminate its registration under Section 12(g) of the Securities Exchange Act of 1934 following its merger with Leet Inc. on January 11, 2023. This merger resulted in each share of Leet Technology's common and preferred stock being converted into shares of Leet BVI on a one-for-one basis. As of the latest filing, Leet BVI has 151,096,262 Ordinary Shares and 6,898,256 Preferred Shares outstanding. The rights of former holders are now governed by Leet BVI’s governing documents. Leet BVI's shares are traded on the OTC Market Group's Pink marketplace under the name 'LEET Inc.' with the symbol 'LTESF.' This filing reflects a cessation of reporting obligations for the predecessor entity, Leet Technology Inc.
Additional details:
Rule Provision Relying On: Rule 12g-4(a)(1)
Approximate Number Of Holders Of Record: Nil
Form Type: 8-K
Filing Date: 2025-05-02
Corporate Action: Merger
Type: Update
Accession Number: 000168316825003082
Filing Summary: On April 29, 2025, Leet Technology Inc. reported the completion of its merger with Leet Inc. (LEET BVI), effective January 11, 2023. Under the merger agreement, former shareholders of Leet Technology will receive ordinary and preferred shares of LEET BVI on a one-for-one basis. LEET BVI has issued 151,096,262 ordinary and 6,898,256 preferred shares to former company shareholders. The merger changes the governance of the stockholders’ rights to that of LEET BVI's regulations. Effective April 29, 2025, LEET BVI's shares will be quoted under the symbol 'LTESF' on the OTC Market. Stockholders do not need to exchange share certificates immediately, and existing certificates will retain their validity as shares of LEET BVI until exchanged. Subsequent to the merger, the company plans to file reports on Form 6-K and Form 20-F starting with the fiscal year 2025. Mr. Dai Song holds a substantial portion of the new shares, indicating a significant change in control. Director and officer positions from Leet Technology Inc. will continue under LEET BVI.
Additional details:
Item 1 01: Merger with Leet Inc. (LEET BVI) completed
Item 2 01: Acquisition of Leet BVI
Item 5 01: Mr. Dai Song controls 74.5% of LEET BVI
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