---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-006566"
form_type: "8-K"
ticker: "ZLME"
cik: "0001489300"
company_name: "Zhanling International Ltd"
filed_at: "2022-03-11T23:59:59+00:00"
generated_at: "2026-06-26T23:34:25.488168+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Odenza Corp. terminates LOI to acquire Adventure Air Race Company, reverse merger called off

## Summary
- Mutual termination of June 17, 2021 LOI to acquire AARC via share exchange; effective Sept 30, 2021.
- Under the LOI AARC would receive 84M new shares (~95.82% of ODZA's outstanding common stock).
- No shares of AARC had been transferred; parties waived all claims under the agreement.
- Board states termination will not materially impact existing business operations or financial position.

## SEC filing metadata
- accession: 0001493152-22-006566
- form_type: 8-K
- ticker: ZLME
- cik: 0001489300
- company_name: Zhanling International Ltd
- filed_at: 2022-03-11T23:59:59+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/1489300/000149315222006566/0001493152-22-006566-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1489300/000149315222006566/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-006566
- JSON: https://secwatch.observer/filing/0001493152-22-006566.json
- Plain text: https://secwatch.observer/filing/0001493152-22-006566.txt

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