secwatch.observer — SEC 8-K summary
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Issuer:     Jingbo Technology, Inc. (SVMB)
CIK:        0001647822
Form:       8-K
Filed at:   2021-11-29T23:59:59+00:00
Accession:  0001493152-21-029949
Event type: m_and_a
Sentiment:  negative
Materiality: 0.60
Item codes: 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1647822/000149315221029949/0001493152-21-029949-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1647822/000149315221029949/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-029949

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