secwatch.observer — SEC 8-K summary
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Issuer:     Landbay Inc (—)
CIK:        0001672572
Form:       8-K
Filed at:   2024-03-25T23:59:59+00:00
Accession:  0001493152-24-011130
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Landbay Inc corrects 2021 charter amendment, restores original capital structure
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- 2021 amendment increased authorized Class A common from 30M to 100M shares and added 20M preferred shares but lacked required Schedule 14C.
- On March 21, 2024, Board and majority shareholders approved a new amendment reversing that, restoring 30M Class A common shares and eliminating preferred stock.
- No shares were issued under the invalid amendment; outstanding shares remained 30M Class A common throughout the period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1672572/000149315224011130/0001493152-24-011130-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1672572/000149315224011130/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-011130

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