---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-029949"
form_type: "8-K"
ticker: "SVMB"
cik: "0001647822"
company_name: "Jingbo Technology, Inc."
filed_at: "2021-11-29T23:59:59+00:00"
generated_at: "2026-06-28T05:08:07.377906+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SavMobi terminates acquisition of Dalian Yuanmeng Media due to lack of government consents

## Summary
- Sale and Purchase Agreement with Zhao Xindong and Guo Hengchang terminated by mutual consent effective Nov 26, 2021.
- Sellers could not obtain required governmental authority consents to consummate the transaction.
- No consideration was paid and no common stock were issued; no termination penalties payable.
- All rights and obligations of the parties under the Agreement cease as of the termination date.

## SEC filing metadata
- accession: 0001493152-21-029949
- form_type: 8-K
- ticker: SVMB
- cik: 0001647822
- company_name: Jingbo Technology, Inc.
- filed_at: 2021-11-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1647822/000149315221029949/0001493152-21-029949-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1647822/000149315221029949/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-029949
- JSON: https://secwatch.observer/filing/0001493152-21-029949.json
- Plain text: https://secwatch.observer/filing/0001493152-21-029949.txt

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