M&A - LiquidValue Development Inc.
Form Type: 8-K
Filing Date: 2025-06-05
Corporate Action: Merger
Type: New
Accession Number: 000164117225013850
Filing Summary: On May 30, 2025, LiquidValue Development Inc. decided to restructure by granting current stockholders shares of a new entity holding its assets, followed by a reverse merger that will integrate new business operations into the company. The board of directors stated that existing stockholders will retain 15% of the company's stock post-merger, alongside retaining all shares of the asset-holding entity. An Acquisition Agreement and Plan of Merger was entered into with multiple parties including SeD Intelligent Home Inc., LVD Merger Corp., Winning Catering Management Limited, Winning Holdings Limited, and Pure Talent Group Limited. The merger will result in Winning Group becoming a wholly-owned subsidiary of LiquidValue, wherein 3,754,897,728 shares of the Company’s stock will be distributed to Winning Holdings and 234,681,108 shares to PTGL. Following these transactions, Winning Holdings will own 80%, existing stockholders will retain 15%, and PTGL will own 5% of the Company.
Additional details:
Item 1: Board of Directors decided to restructure
Item 2: Company to grant current stockholders shares of an entity holding existing assets
Item 3: Reverse merger transaction planned
Item 4: Existing stockholders retain 15% of Company post-merger
Item 5: 3,754,897,728 shares issued to Winning Holdings
Item 6: 234,681,108 shares issued to PTGL
Item 7: Winning Group's principal business: Wing Nin, a food and beverage brand
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