{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-011259","form_type":"8-K","ticker":null,"cik":"0001064722","company_name":"GIVEMEPOWER CORP","filed_at":"2023-04-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.822323+00:00","generated_at":"2026-06-17T04:54:22.511868+00:00","sec_items":["2.01","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"GiveMePower transfers Alpharidge Capital to Kid Castle in exchange for repurchase of preferred stock","bullets":["On Dec 30, 2021, GiveMePower transferred 100% of Alpharidge Capital, LLC to Kid Castle Educational Corp. for repurchase of 1 million preferred shares (par $0.001) previously sold to Kid Castle.","Entered into Securities Purchase Agreement to merge Alpharidge into Kid Castle, with Alpharidge surviving as a Kid Castle subsidiary.","All assets and liabilities of Alpharidge will no longer be consolidated in GiveMePower financials; they will report under Kid Castle.","Transaction is with a related party: Kid Castle is affiliated with CEO Frank Igwealor.","Repurchased preferred stock will be cancelled immediately after receipt."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-011259","json":"https://secwatch.observer/filing/0001493152-23-011259.json","markdown":"https://secwatch.observer/filing/0001493152-23-011259.md","text":"https://secwatch.observer/filing/0001493152-23-011259.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1064722/000149315223011259/0001493152-23-011259-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1064722/000149315223011259/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T04:54:22.511868+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a66894aa1b6d33f4864e05211ec049c2177261c2","claim":"GIVEMEPOWER CORP completed a disposition involving Kid Castle Educational Corp. (closed 2021-12-30).","evidence_excerpt":"On December 30, 2021, as part of its repurchase of unregistered securities it previously sold to Kid Castle Educational Corp., a Delaware Corporation, GiveMePower Corporation transferred its 100% interest in, and control of Alpharidge Capital, LLC (“Alpharidge”), a California Limited Liability Company, in exchange for the One (1) Million Preferred Stock of GiveMePower Corporation at par value of $0.001, which it previously sold to Kid Castle Educational Corp on September 15, 2020.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1064722/000149315223011259/0001493152-23-011259-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Kid Castle Educational Corp."},{"label":"Closing","value":"2021-12-30"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}