secwatch / observer
8-K filed December 13, 2023, 6:59 PM ET ticker BIOE CIK 0001723059
M&A confidence high sentiment neutral materiality 0.50

Bio Essence sells subsidiary BEP for $300K; director Sharon Mair resigns

Bio Essence Corp

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Sharon Mair

Director
BIOE · Bio Essence Corp
Effective
2023-12-08
Filed
December 13, 2023, 6:59 PM ET
On December 8, 2023, the Company received notice from Sharon Mair, a member of the Company’s Board of Directors, that she resigned from the Board of Directors effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Sharon Mair resigned as Director at Bio Essence Corp.

Action
resigned
Role
Director
Exact text from the filing
On December 8, 2023, the Company received notice from Sharon Mair, a member of the Company’s Board of Directors, that she resigned from the Board of Directors effective immediately.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Bio Essence Corp entered into Stock Purchase Agreement with Newways, Inc. valued at cash consideration in the amount of Three Hundred Thousand Dollars ($300,000) (effective 2023-12-12).

Action
entry
Agreement
asset purchase
Counterparty
Newways, Inc.
Value
cash consideration in the amount of Three Hundred Thousand Dollars ($300,000)
Effective
2023-12-12
Exact text from the filing
On December 12, 2023, Bio Essence Corp., a California corporation (the “Company”) entered into a Stock Purchase Agreement (“SPA”) with Newways, Inc., a California corporation (“Newways”) whereby the Company agreed to sell to Newways its wholly owned subsidiary, Bio Essence Pharmaceutical, Inc. (“BEP”), in exchange for cash consideration in the amount of Three Hundred Thousand Dollars ($300,000).
View on SEC.gov

380 material agreements filed in the last 30 days. Browse all material agreements →

Bio Essence Corp filing history →

Source: SEC EDGAR
accession 0001213900-23-095369
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