---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-027950"
form_type: "8-K"
ticker: "RHNO"
cik: "0001785493"
company_name: "RHINO BITCOIN INC."
filed_at: "2021-11-12T23:59:59+00:00"
generated_at: "2026-06-28T09:24:21.504662+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Phoenix Plus acquires 33.9% stake in Vettons City Angels Sdn Bhd for MYR 990k (~$232k)

## Summary
- Subscribed 84,906 ordinary shares at RM11.66/share for MYR 990,003.96 (approx. USD 232,040).
- Investment represents 33.9% equity in VCASB, a special purpose vehicle holding shares in Vettons City Sdn Bhd.
- Conditions precedent include full payment and valid share issuance; definitive agreements remain to be signed.
- Proceeds to be used as working capital for Vettons City's operations, including ICT development and property rental.

## SEC filing metadata
- accession: 0001493152-21-027950
- form_type: 8-K
- ticker: RHNO
- cik: 0001785493
- company_name: RHINO BITCOIN INC.
- filed_at: 2021-11-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785493/000149315221027950/0001493152-21-027950-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785493/000149315221027950/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-027950
- JSON: https://secwatch.observer/filing/0001493152-21-027950.json
- Plain text: https://secwatch.observer/filing/0001493152-21-027950.txt

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