8-K/A
filed January 16, 2024, 6:59 PM ET
CIK 0000768216
M&A
confidence high
sentiment neutral
materiality 0.80
Coyni, Inc. reports change of control via sale of 98M shares to Ryvyl, Inc.; new board appointed
Coyni, Inc.
- Ang Woon Han sold 98M common shares plus Preferred Shares to Ryvyl, Inc., transferring controlling interest.
- Closing of escrowed funds occurred on January 10, 2024, as per amended Stock Purchase Agreement.
- Han and CFO Cheng Yew Siong resigned as director and officer respectively, stating no disagreements.
- New directors Ben Errez, Ezra Laniado, Genevieve Baer appointed April 24, 2023, with Errez as CEO.
- Board discovered missing annual meeting minutes and failure to appoint officers from 2018-2023; revival certificate filed March 2023.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Ang Woon Han resigned as Director at Coyni, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
Mr. Han resigned as a director on April 7, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Genevieve Baer was appointed as Director at Coyni, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
On April 24, 2023, Ryvyl appointed Ben Errez, Ezra Laniado, and Genevieve Baer to the Board of Directors, and the directors proceeded to appoint Ben Errez and Jasmine Farrington as Chief Executive Officer and Secretary, respectively.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jasmine Farrington was appointed as Secretary at Coyni, Inc..
- Action
- appointed
- Role
- Secretary
Exact text from the filing
On April 24, 2023, Ryvyl appointed Ben Errez, Ezra Laniado, and Genevieve Baer to the Board of Directors, and the directors proceeded to appoint Ben Errez and Jasmine Farrington as Chief Executive Officer and Secretary, respectively.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Ben Errez was appointed as Chief Executive Officer at Coyni, Inc..
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
On April 24, 2023, Ryvyl appointed Ben Errez, Ezra Laniado, and Genevieve Baer to the Board of Directors, and the directors proceeded to appoint Ben Errez and Jasmine Farrington as Chief Executive Officer and Secretary, respectively.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Ben Errez was appointed as Director at Coyni, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
On April 24, 2023, Ryvyl appointed Ben Errez, Ezra Laniado, and Genevieve Baer to the Board of Directors, and the directors proceeded to appoint Ben Errez and Jasmine Farrington as Chief Executive Officer and Secretary, respectively.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Ezra Laniado was appointed as Director at Coyni, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
On April 24, 2023, Ryvyl appointed Ben Errez, Ezra Laniado, and Genevieve Baer to the Board of Directors, and the directors proceeded to appoint Ben Errez and Jasmine Farrington as Chief Executive Officer and Secretary, respectively.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Cheng Yew Siong resigned as Chief Financial Officer at Coyni, Inc..
- Action
- resigned
- Role
- Chief Financial Officer
Exact text from the filing
The Chief Financial Officer and Principal Accounting Officer of the Company, Cheng Yew Siong, likewise resigned making the same representation as Mr. Han regarding no disagreements with the Company.
View on SEC.gov
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