---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-030435"
form_type: "8-K"
ticker: "BIOE"
cik: "0001723059"
company_name: "Bio Essence Corp"
filed_at: "2024-04-04T23:59:59+00:00"
generated_at: "2026-06-04T02:22:04.772934+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Bio Essence Corp. sells subsidiary Bio Essence Herbal Essentials to Health Up Inc. for $400k

## Summary
- Sold wholly-owned subsidiary Bio Essence Herbal Essentials Inc. (BEP) to Health Up Inc. for $400,000 cash.
- Stock Purchase Agreement executed March 28, 2024; transaction closed April 1, 2024.
- Board of Directors approved sale via unanimous consent resolution on March 28, 2024.
- No material relationship exists between the Company and buyer Health Up Inc.

## SEC filing metadata
- accession: 0001213900-24-030435
- form_type: 8-K
- ticker: BIOE
- cik: 0001723059
- company_name: Bio Essence Corp
- filed_at: 2024-04-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1723059/000121390024030435/0001213900-24-030435-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1723059/000121390024030435/ea0203327-8k_bio.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-030435
- JSON: https://secwatch.observer/filing/0001213900-24-030435.json
- Plain text: https://secwatch.observer/filing/0001213900-24-030435.txt

## Key facts
- Material Agreements
  Bio Essence Corp entered into Stock Purchase Agreement with Health Up, Inc. valued at Four Hundred Thousand Dollars ($400,000) (effective 2024-03-28).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Health Up, Inc.
  - Value: Four Hundred Thousand Dollars ($400,000)
  - Effective: 2024-03-28
  source text: On March 28, 2024, Bio Essence Corp., a California corporation (“Company”) entered into a Stock Purchase Agreement (“SPA”) with Health Up, Inc., a California corporation (“HUI”) whereby the Company agreed to sell to HUI its wholly owned subsidiary, Bio Essence Herbal Essentials, Inc. d/b/a Bio Essence Health Science, a California corporation (“BEP”), in exchange for cash consideration in the amount of Four Hundred Thousand Dollars ($400,000).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1723059/000121390024030435/0001213900-24-030435-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.