Marwynn Holdings agrees to sell Grand Forest Cabinetry to Reli Home Décor for $550K

Marwynn Holdings, Inc.

Sale of all 70,000 shares of Grand Forest (100% owned) for $550,000 in cash at closing.
Transaction subject to board/stockholder approval, Nasdaq approval, no legal bar; closing expected by end of 2025.
Buyer is Reli Home Décor Inc., a California corporation; no termination fee for either party.
Closing not subject to financing condition; customary representations and indemnification provisions apply.

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