---
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"
generated_at: "2026-06-06T02:17:15.459905+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Merion Chairman/CEO sells 53.181% controlling stake to Ronnie Shi

## Summary
- 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.

## SEC filing metadata
- accession: 0001477932-24-000733
- form_type: 8-K
- cik: 0001517498
- company_name: Merion, Inc.
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-24-000733
- JSON: https://secwatch.observer/filing/0001477932-24-000733.json
- Plain text: https://secwatch.observer/filing/0001477932-24-000733.txt

## Key facts
- M&A Transactions
  Merion, Inc. underwent a change of control involving Ronnie Yin Kit Shi (closed 2024-02-08).
  - Action: change of control
  - Counterparty: Ronnie Yin Kit Shi
  - Closing: 2024-02-08
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1517498/000147793224000733/0001477932-24-000733-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.