other material
confidence high
sentiment neutral
materiality 0.80
Zhanling International Ltd (ZLME): M&A transaction — Zhanling International changes control; NingNing Xu acquires 72.51% voting for $53,080
Zhanling International Ltd
- NingNing Xu acquired 53,080 shares in three private transactions on April 10, 2023, becoming owner of ~72.51% of voting rights.
- Transactions: 13,908 shares from Liang Zhao, 14,640 shares from Shanghai Capital Resources (beneficial), 24,532 shares from Xiangchen Li.
- Total consideration of $53,080 paid from personal funds; NingNing Xu subsequently became CEO.