FCCC acquires controlling interest in Amerihe Group for $15,000; exits shell status

FCCC INC

Purchased 1.5M shares of Amerihe Group at $0.01/share, total consideration $15,000.
Amerihe imports/exports rice, grains and agricultural products from Southeast Asia.
As of Dec. 31, 2022, total assets $150,000; company no longer a shell under Rule 405.
Existing Amerihe management retained; team has 30+ years experience in SE Asian markets.

item 1.01 item 5.06 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

FCCC INC: 公司自2022年12月31日起不再是壳公司，因其已拥有实质性运营和资产。 (effective 2022-12-31).

Change: shell status
Effective: 2022-12-31

Exact text from the filing

Therefore, as of December 31, 2022, the Company was no longer considered a "shell company" as defined by Rule 405 of the Act, having shown evidence of actual operations through the Company's offered services and products, as noted and by virtue of the fact that we have had and continue to have, greater than nominal assets.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

FCCC INC entered into a asset purchase with Amerihe Group valued at $15,000 USD (effective 2022-12-20).

Action: entry
Agreement: asset purchase
Counterparty: Amerihe Group
Value: $15,000 USD
Effective: 2022-12-20

Exact text from the filing

December 20, 2022, FCCC, Inc. ('we,' 'us,' Company, entered into a definitive agreement to acquire the controlling interest in Amerihe Group ("Amerihe"), a C-Corp incorporated in the state of California

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Source: SEC EDGAR

accession 0001477932-23-001595

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