Savmobi acquires Intellegence Parking Group, ceases to be shell company

Jingbo Technology, Inc.

Closed on Jan 5, 2023, Savmobi acquired 100% of Intellegence Parking Group via share exchange.
Savmobi issued 1,000,000,000 shares of common stock to Intellegence shareholders.
Intellegence became a wholly owned subsidiary; accounted for as recapitalization with Intellegence as acquirer.
After the exchange, Savmobi no longer qualifies as a shell company under Rule 12b-2.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Jingbo Technology, Inc.: Company ceased to be a shell company due to acquisition of Intellegence Parking Group Limited (effective 2023-01-05).

Change: shell status
Effective: 2023-01-05

Exact text from the filing

the Company has ceased to fall under the definition of shell company as define in Rule 12b-2 under the Exchange Act of 1934

View on SEC.gov

Browse all governance changes →

Jingbo Technology, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-008614

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.