secwatch.observer — SEC 8-K summary
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Issuer:     Jingbo Technology, Inc. (SVMB)
CIK:        0001647822
Form:       8-K
Filed at:   2022-12-16T23:59:59+00:00
Accession:  0001493152-22-035655
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1647822/000149315222035655/0001493152-22-035655-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1647822/000149315222035655/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-035655

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