secwatch.observer — SEC 8-K summary
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Issuer:     OZ VISION INC. (UNXP)
CIK:        0001751707
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0001493152-23-028042
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 2.01, 5.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Unity Global acquires control of United Express for $600k; sells 29.9% to Cristophe for $400k
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- Arithmetic LLC sold 14,001,000 shares (89.8% of outstanding) to Unity Global FZCO for $600,000 on April 5, 2023; closed April 15.
- As closing condition, Unity agreed to sell 4,667,000 shares (~29.93%) to Cristophe Beverly Hills, LLC for $400,000 on April 11, 2023.
- Post-closing, Unity holds 59.9% (9,334,000 shares) and Cristophe ~29.93%; change of control effective.
- 36-month orderly market agreement restricts disposals: no sales until Oct 2023; max 25% per 90 days.
- Stockholders agreement gives Unity drag-along rights and Cristophe tag-along rights; terminates when Cristophe realizes $1.2M from equity sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1751707/000149315223028042/0001493152-23-028042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1751707/000149315223028042/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-028042

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