M&A - Longduoduo Co Ltd

Form Type: 10-Q

Filing Date: 2025-05-14

Corporate Action: Acquisition

Type: Update

Accession Number: 000121390025042963

Filing Summary: Longduoduo Company Limited filed a quarterly report on Form 10-Q for the period ended March 31, 2025. The report reflects the company's recent acquisition of LDD Technology Limited, for which 10,020 shares of common stock were issued to the original shareholders of LDD in exchange for full ownership. The financial statements show a total revenue of $3,322,287 for the nine months ended March 31, 2025, with a net income loss of $109,104. The company had outstanding shares of 30,015,036 common stock as of this filing, and its cash and cash equivalents totaled $1,456,125. The report also outlines adjustments to various aspects of the income statement and notes significant changes in equity and financial position since the last report. Longduoduo emphasizes a shift in its business plan focusing on preventive healthcare solutions, which has shown improved operational results in recent periods.