---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-036399"
form_type: "8-K"
ticker: "STQN"
cik: "0000847942"
company_name: "STRATEGIC ACQUISITIONS INC /NV/"
filed_at: "2022-12-23T23:59:59+00:00"
generated_at: "2026-06-20T23:44:21.342054+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Strategic Acquisitions completes merger with Exworth Union, enters digital asset-backed lending

## Summary
- Issued 3,960,000 shares of common stock to Exworth Union stockholders as merger consideration.
- Exworth Union provides loans collateralized by digital assets; currently only Bitcoin accepted.
- Merger accounted for as change in reporting entity under common control; Exworth Management owned 91% of Exworth Union before deal.
- Company has going concern opinion; limited operating history and expects to continue incurring losses.
- Business targets small businesses and individuals in Asia and Europe with term loans ranging $500K-$5M.

## SEC filing metadata
- accession: 0001493152-22-036399
- form_type: 8-K
- ticker: STQN
- cik: 0000847942
- company_name: STRATEGIC ACQUISITIONS INC /NV/
- filed_at: 2022-12-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 9.01, 3.02, 4.01, 5.01, 5.06
- EDGAR index: https://www.sec.gov/Archives/edgar/data/847942/000149315222036399/0001493152-22-036399-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/847942/000149315222036399/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-036399
- JSON: https://secwatch.observer/filing/0001493152-22-036399.json
- Plain text: https://secwatch.observer/filing/0001493152-22-036399.txt

## Key facts
- Governance Changes
  STRATEGIC ACQUISITIONS INC /NV/: Company determined it is no longer a shell company as a result of the merger transaction.
  - Change: shell status
  source text: Item 5.06 Change in Shell Company Status We have determined that, as the result of the consummation of the transaction contemplated by the Merger Agreement as described above under
  evidence_url: https://www.sec.gov/Archives/edgar/data/847942/000149315222036399/0001493152-22-036399-index.htm
- M&A Transactions
  STRATEGIC ACQUISITIONS INC /NV/ completed an acquisition involving Exworth Management LLC and World Class Global Technology LLC (closed 2022-12-22).
  - Action: acquisition
  - Counterparty: Exworth Management LLC and World Class Global Technology LLC
  - Closing: 2022-12-22
  source text: On December 22, 2022, we, Strategic Acquisitions, Inc. (“we”, “us” or the “Company”), and STQN Sub, Inc., our recently formed wholly owned subsidiary (“STQN Sub”) entered into and consummated an Agreement and Plan of Merger (“Merger Agreement”) with Exworth Union Inc (“Exworth Union”) and the owners of all of its outstanding shares of capital stock — Exworth Management LLC (“Exworth Management”) and World Class Global Technology LLC (“World Class,” collectively with Exworth Management, the “Stockholders”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/847942/000149315222036399/0001493152-22-036399-index.htm

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