secwatch.observer — SEC 8-K summary
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Issuer:     ASIAFIN HOLDINGS CORP. (ASFH)
CIK:        0001828748
Form:       8-K
Filed at:   2022-12-22T23:59:59+00:00
Accession:  0001493152-22-036222
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AsiaFIN Holdings to acquire StarFIN Holdings for $9.1M in restricted stock
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- Acquires 100% of StarFIN Holdings, an investment holding firm with payment processing, RPA, and regtech services.
- Purchase price of $9,055,242 paid via issuance of 8,232,038 restricted common shares at $1.10 per share.
- Shares are restricted under Rule 144; closing expected on or before December 31, 2022.
- StarFIN holds full equity in five subsidiaries: StarFIN Asia, OrangeFIN Asia, OrangeFIN Academy, Insite MY Innovations, Insite MY Systems.
- Financial statements of StarFIN to be filed via amendment within 71 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828748/000149315222036222/0001493152-22-036222-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828748/000149315222036222/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-036222

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