---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-24-000858"
form_type: "8-K"
ticker: null
cik: "0001828739"
company_name: "Arculus System Co., Ltd."
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T20:48:53.010923+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Change in control: 74% stake acquired by Taiwan investors; new CEO appointed

## Summary
- Hanna Selyska sold 3M shares to five Taiwanese investors, who now hold ~74% of outstanding common stock.
- Selyska resigned as sole officer/director; Jian-Meng Yang appointed CEO, Treasurer, Secretary, and Director.
- Yang previously served as General Manager of MicroIP Corp. in Taiwan; holds PhD in Electrical/Computer Engineering from NYU.
- Company address changed from Prague, Czech Republic to Newport Beach, CA.

## SEC filing metadata
- accession: 0001477932-24-000858
- form_type: 8-K
- cik: 0001828739
- company_name: Arculus System Co., Ltd.
- filed_at: 2024-02-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.01, 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828739/000147793224000858/0001477932-24-000858-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828739/000147793224000858/azzurro_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-24-000858
- JSON: https://secwatch.observer/filing/0001477932-24-000858.json
- Plain text: https://secwatch.observer/filing/0001477932-24-000858.txt

## Key facts
- Executive change
  Jian-Meng Yang was appointed as Chief Executive Officer at Arculus System Co., Ltd..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: Jian-Meng Yang was appointed as Chief Executive Officer, Treasurer and Secretary, and Director of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828739/000147793224000858/0001477932-24-000858-index.htm
- Executive change
  Hanna Selyska resigned as other_named_officer at Arculus System Co., Ltd..
  - Action: resigned
  source text: Hanna Selyska, resigned her positions with the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828739/000147793224000858/0001477932-24-000858-index.htm
- M&A Transactions
  Arculus System Co., Ltd. underwent a change of control involving Control Group (Lin Hsueh-Ching, Hsu Yu-Hsueh, Liu Pei-Ying, Yeh Yu-Ju and Yeh Hsin-Min) (closed 2024-02-15).
  - Action: change of control
  - Counterparty: Control Group (Lin Hsueh-Ching, Hsu Yu-Hsueh, Liu Pei-Ying, Yeh Yu-Ju and Yeh Hsin-Min)
  - Closing: 2024-02-15
  source text: Effective February 15, 2024, Hanna Selyska, the previous majority shareholder of Azzurro Solutions Corp. (the “Company”), entered into a stock purchase agreement for the sale of 3,000,000 shares of Common Stock of the Company to five accredited investors, Lin Hsueh-Ching, Hsu Yu-Hsueh, Liu Pei-Ying, Yeh Yu-Ju and Yeh Hsin-Min, each of whom is a citizen of Taiwan (the “Control Group”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828739/000147793224000858/0001477932-24-000858-index.htm

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