secwatch.observer — SEC 8-K summary
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Issuer:     Jingbo Technology, Inc. (SVMB)
CIK:        0001647822
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001493152-24-005489
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jingbo Technology effects 1-for-200 reverse stock split, reduces authorized shares to 50M
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- Reverse stock split at 1-for-200 ratio, effective Feb 9, 2024.
- Authorized shares reduced from 10B to 50M; outstanding reduced to ~5.3M shares.
- Company also completed name change to Jingbo Technology from Savmobi Technology.
- Ticker symbol temporarily changes to SVMBD for 20 business days from Feb 9.
- No fractional shares; fractional shares rounded up; no change in par value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1647822/000149315224005489/0001493152-24-005489-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1647822/000149315224005489/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-005489

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer