8-K
filed November 17, 2023, 6:59 PM ET
ticker WNHK
CIK 0001503658
other material
confidence high
sentiment positive
materiality 0.70
LiquidValue Development subsidiary agrees to sell 205 residential lots in Texas for $11.2 million
Winning Catering Group, Inc.
- Aggregate purchase price and community enhancement fees total $11,172,500 across two agreements.
- Subsidiary 150 CCM Black Oak Ltd. to sell 142 lots in Section 4 of Lakes at Black Oak and 63 lots in Alset Villas to Century Land Holdings of Texas, LLC.
- First 70 Section 4 lots expected to close in December 2023; remaining lots in early 2024.
- Buyer has inspection period until December 22, 2023, and may terminate if property is unsuitable.
- Seller will complete lot development at its own cost prior to each closing.
Key facts
Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Winning Catering Group, Inc. entered into Section 4 Agreement with Century Land Holdings of Texas, LLC (effective 2023-11-13).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- Century Land Holdings of Texas, LLC
- Effective
- 2023-11-13
Exact text from the filing
Pursuant to the terms of one of the aforementioned Agreements, the Seller has agreed to sell approximately 142 single-family detached residential lots (the “Section 4 Agreement”) comprising a section of a residential community in the city of Magnolia, Texas known as the “Lakes at Black Oak.”
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Winning Catering Group, Inc. entered into Alset Villas Agreement with Century Land Holdings of Texas, LLC (effective 2023-11-13).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- Century Land Holdings of Texas, LLC
- Effective
- 2023-11-13
Exact text from the filing
Pursuant to the other Agreement, the Seller has agreed to sell 63 single-family detached residential lots (the “Alset Villas Agreement”) in the city of Magnolia, Texas.
View on SEC.gov
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