---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-008614"
form_type: "8-K"
ticker: "SVMB"
cik: "0001647822"
company_name: "Jingbo Technology, Inc."
filed_at: "2023-03-23T23:59:59+00:00"
generated_at: "2026-06-17T18:34:03.682439+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Savmobi acquires Intellegence Parking Group, ceases to be shell company

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-23-008614
- form_type: 8-K
- ticker: SVMB
- cik: 0001647822
- company_name: Jingbo Technology, Inc.
- filed_at: 2023-03-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 5.06, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1647822/000149315223008614/0001493152-23-008614-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1647822/000149315223008614/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-008614
- JSON: https://secwatch.observer/filing/0001493152-23-008614.json
- Plain text: https://secwatch.observer/filing/0001493152-23-008614.txt

## Key facts
- Governance Changes
  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
  source text: the Company has ceased to fall under the definition of shell company as define in Rule 12b-2 under the Exchange Act of 1934
  evidence_url: https://www.sec.gov/Archives/edgar/data/1647822/000149315223008614/0001493152-23-008614-index.htm

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