---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-035655"
form_type: "8-K"
ticker: "SVMB"
cik: "0001647822"
company_name: "Jingbo Technology, Inc."
filed_at: "2022-12-16T23:59:59+00:00"
generated_at: "2026-06-21T03:22:26.808228+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Savmobi Tech to acquire Intellegence Parking Group in reverse merger; former shareholders to own 94.17%

## Summary
- Savmobi (SVMB) enters share exchange agreement with Intellegence Parking Group Ltd., a Cayman Islands company.
- SVMB to issue 1,000,000,000 common shares to Intellegence shareholders, representing 94.17% of post-transaction outstanding shares.
- Transaction accounted for as recapitalization with Intellegence as accounting acquirer; SVMB becomes holding company.
- Shares held in escrow pending completion of IGPL audited financials.

## SEC filing metadata
- accession: 0001493152-22-035655
- form_type: 8-K
- ticker: SVMB
- cik: 0001647822
- company_name: Jingbo Technology, Inc.
- filed_at: 2022-12-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1647822/000149315222035655/0001493152-22-035655-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1647822/000149315222035655/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-035655
- JSON: https://secwatch.observer/filing/0001493152-22-035655.json
- Plain text: https://secwatch.observer/filing/0001493152-22-035655.txt

## Key facts
- Material Agreements
  Jingbo Technology, Inc. entered into Share Exchange Agreement with Intellegence Parking Group Limited, Chen Xinxin, and the shareholders of Intelligence (effective 2022-12-15).
  - Action: entry
  - Agreement: merger
  - Counterparty: Intellegence Parking Group Limited, Chen Xinxin, and the shareholders of Intelligence
  - Effective: 2022-12-15
  source text: On December 15, 2022, Savmobi Technology, Inc. (“SVMB,” or the “Company”) entered into a share exchange agreement (the “Share Exchange Agreement”) with Intellegence Parking Group Limited (“Intellegence”), a Cayman Island company formed on June 29, 2022, Chen Xinxin (“Xinxin”), the officer and director, and control shareholder of Intelligence and the shareholders of Intelligence (the “Shareholders”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1647822/000149315222035655/0001493152-22-035655-index.htm

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