Control change: Wang Fei buys 59% stake for $350k, assumes all officer/director roles

Nongfu Shop Digital New Retail Co., Ltd

Lili Xin sold 80M shares (59% outstanding) to Wang Fei for $350,000; closed Aug 10, 2021.
Xin resigned as CEO, CFO, and director; Wang Fei appointed sole executive officer and director.
Purchase price funded from Wang Fei's personal funds, not a loan.

item 5.01

Nongfu Shop Digital New Retail Co., Ltd filing history →

Source: SEC EDGAR

accession 0001477932-21-005291

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