{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-24-000733","form_type":"8-K","ticker":null,"cik":"0001517498","company_name":"Merion, Inc.","filed_at":"2024-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.466712+00:00","generated_at":"2026-06-06T02:17:15.459905+00:00","sec_items":["5.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Merion Chairman/CEO sells 53.181% controlling stake to Ronnie Shi","bullets":["Dinghua Wang sold all his shares (53.181% of outstanding) to Ronnie Yin Kit Shi on Feb 8, 2024.","Purchase price is a promissory note repayable with either the shares or 5% of post-merger consolidated company with a private entity.","Management control will transfer to Shi's appointees and nominees after the share transfer.","No known arrangements exist that may later result in another change of control."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-24-000733","json":"https://secwatch.observer/filing/0001477932-24-000733.json","markdown":"https://secwatch.observer/filing/0001477932-24-000733.md","text":"https://secwatch.observer/filing/0001477932-24-000733.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1517498/000147793224000733/0001477932-24-000733-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1517498/000147793224000733/ewlu_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T02:17:15.459905+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"178164c7c0ac767f61c12bb55169e74a6ec7850e","claim":"Merion, Inc. underwent a change of control involving Ronnie Yin Kit Shi (closed 2024-02-08).","evidence_excerpt":"On February 8, 2024, Mr. Dinghua Wang, Chairman of the Board and Chief Executive Office of Merion, Inc. (the \"Company\") entered into a Control Block Purchase Agreement with Mr. Ronnie Yin Kit Shi, a Canadian citizen, to sell all of the shares of common stock of the Company that he beneficially owns (the \"Shares\") to Mr. Shi, which represents approximately 53.181% of total outstanding shares of the Company.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1517498/000147793224000733/0001477932-24-000733-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"change of control"},{"label":"Counterparty","value":"Ronnie Yin Kit Shi"},{"label":"Closing","value":"2024-02-08"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}