secwatch.observer — SEC 8-K summary
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Issuer:     Coyni, Inc. (—)
CIK:        0000768216
Form:       8-K/A
Filed at:   2024-01-16T23:59:59+00:00
Accession:  0001185185-24-000081
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Coyni, Inc. reports change of control via sale of 98M shares to Ryvyl, Inc.; new board appointed
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/768216/000118518524000081/0001185185-24-000081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/768216/000118518524000081/coyni20240115_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001185185-24-000081

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