secwatch.observer — SEC 8-K summary
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Issuer:     Zhanling International Ltd (ZLME)
CIK:        0001489300
Form:       8-K
Filed at:   2022-03-11T23:59:59+00:00
Accession:  0001493152-22-006566
Event type: m_and_a
Sentiment:  negative
Materiality: 0.60
Item codes: 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1489300/000149315222006566/0001493152-22-006566-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1489300/000149315222006566/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-006566

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