secwatch.observer — SEC 8-K summary
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Issuer:     Arculus System Co., Ltd. (—)
CIK:        0001828739
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001477932-24-000858
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 5.01, 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828739/000147793224000858/0001477932-24-000858-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828739/000147793224000858/azzurro_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-24-000858

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer