{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-010642","form_type":"8-K","ticker":null,"cik":"0001442853","company_name":"Indo Global Exchange(s) Pte, Ltd.","filed_at":"2024-03-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.208491+00:00","generated_at":"2026-06-04T11:25:55.716573+00:00","sec_items":["1.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"IGEX acquires 25% stake in St. Andrews Holding for $6M, 12-month payment period","bullets":["Acquired 25% membership stake in St. Andrews Holding S.L. valued at ~$8.16M for a discounted $6M.","Payment terms: 12 months to pay preferred investor's contribution without interest; signed March 18, 2024.","St. Andrews focuses on sustainable marine aquaculture, fingerlings, and gourmet products with 50+ years experience.","Prior exclusive Oct 2023 agreement for 49% stake at $16M valuation by appraiser RESA CORPORATE FINANCE."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-010642","json":"https://secwatch.observer/filing/0001493152-24-010642.json","markdown":"https://secwatch.observer/filing/0001493152-24-010642.md","text":"https://secwatch.observer/filing/0001493152-24-010642.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1442853/000149315224010642/0001493152-24-010642-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1442853/000149315224010642/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T11:25:55.716573+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":"68af6995b14cf4ddbc480020338129f9db0faa51","claim":"Indo Global Exchange(s) Pte, Ltd. entered into a equity purchase with St. Andrews Holding Company S.L. valued at approximately $8.16 million (effective 2024-03-18).","evidence_excerpt":"on March 18, 2024, IGEX has executed all necessary agreements and acquired 25% of the corporate membership of Saint Andrews S.L. The acquired stake is worth approximately $8.16 million US Dollars. The acquisition was acquired at a discounted price of $6 million.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1442853/000149315224010642/0001493152-24-010642-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"St. Andrews Holding Company S.L."},{"label":"Value","value":"approximately $8.16 million"},{"label":"Effective","value":"2024-03-18"}],"fact_type":"material_agreement"},{"claim_id":"a65c1c647d6b23ad03cf6717b715ebcf4f2eb943","claim":"Indo Global Exchange(s) Pte, Ltd. entered into Confidential and Exclusive Agreement with St. Andrews Holding Company S.L. valued at twelve-million Dollars (effective 2023-10-23).","evidence_excerpt":"The Company entered into a Confidential and Exclusive Agreement on October 23, 2023, for the acquisition of 49% of the total outstanding capital stock of St. Andrews Holding Company S.L. for twelve-million Dollars.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1442853/000149315224010642/0001493152-24-010642-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"St. Andrews Holding Company S.L."},{"label":"Value","value":"twelve-million Dollars"},{"label":"Effective","value":"2023-10-23"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}