secwatch.observer — SEC 8-K summary
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Issuer:     Organic Agricultural Co Ltd (—)
CIK:        0001749849
Form:       8-K
Filed at:   2024-03-11T23:59:59+00:00
Accession:  0001213900-24-021231
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.01
LLM model:  deepseek-v4-flash:cloud@v2

Wu Zhiwei acquires 36.86% voting control of Organic Agricultural Co. Ltd.
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- Wu Zhiwei now controls 34,180,800 shares, representing 36.86% of outstanding voting stock.
- Control includes 9M shares via Heilongjiang Chuangyi Agriculture (60% owned); unpaid balance of ~$617k due Oct 16, 2024.
- Purchased 15M shares from Hao Shuping on March 5 for 1.5M RMB ($211,208) cash.
- Additional 10,180,800 shares from Hao Shuping subject to voting agreement with Wu Zhiwei.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1749849/000121390024021231/0001213900-24-021231-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1749849/000121390024021231/ea0201469-8k_organic.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-021231

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer