secwatch.observer — SEC 8-K summary
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Issuer:     YUNHONG GREEN CTI LTD. (YHGJ)
CIK:        0001042187
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0001437749-21-018770
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Yunhong CTI agrees to redeem its equity in Flexo Universal for $500,000
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- Total consideration: $100,000 cash at closing + $400,000 secured promissory note payable over 12 months.
- Closing conditions: CTI released from Flexo's lease guarantee and repays PNC Bank obligations in full.
- Closing expected by October 10, 2021; buyer is Kingman Distributions, S.A. de C.V.
- Transaction involves redemption of all CTI's equity (49,999 Serie A and 47,278,870 Serie B shares).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1042187/000143774921018770/0001437749-21-018770-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1042187/000143774921018770/ctib20210803_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-018770

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