secwatch.observer — SEC 8-K summary
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Issuer:     Bio Essence Corp (BIOE)
CIK:        0001723059
Form:       8-K
Filed at:   2024-04-04T23:59:59+00:00
Accession:  0001213900-24-030435
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1723059/000121390024030435/0001213900-24-030435-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1723059/000121390024030435/ea0203327-8k_bio.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-030435

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