secwatch.observer — SEC 8-K summary
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Issuer:     Kuber Resources Corp (KUBR)
CIK:        0001081834
Form:       8-K
Filed at:   2025-01-15T23:59:59+00:00
Accession:  0001214659-25-000669
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 2.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kuber Resources closes acquisition of Gongfa; issues 24.9M shares; majority owner now holds 67%
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- Acquired 100% of Gongfa (engineered wood) via Kuber Guangdong; closed Jan 14, 2025 (effective Dec 31, 2024).
- Consideration: 24.9M restricted shares (implied ~$130M at $4.80/sh); 18.81% of post-closing outstanding.
- Post-closing, Storming Dragon (controlled by CEO Fu) owns ~106.1M shares, approx 67% of company.
- Gongfa shareholders join Storming Dragon via Exchange Agreement; Fu retains 51% control; shares unregistered.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1081834/000121465925000669/0001214659-25-000669-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1081834/000121465925000669/o1152508k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-25-000669

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