secwatch.observer — SEC 8-K summary
======================================

Issuer:     RHINO BITCOIN INC. (RHNO)
CIK:        0001785493
Form:       8-K
Filed at:   2024-08-21T23:59:59+00:00
Accession:  0001493152-24-033441
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 5.01
LLM model:  deepseek-v4-flash:cloud@v2

Phoenix Plus Corp. changes control: Radiance Holdings Corp acquires 83.05% via stock swap
--------------------------------------------------------------------------------

- On Aug 21, 2024, Radiance Holdings Corp obtained 276,313,100 shares (83.05%) of Phoenix Plus through a stock-for-stock swap.
- Sellers include CEO Lee Chong Chow (32.56%) and Terence Tulus (32.46%) among six shareholders.
- Purchaser issued 276,313,100 of its own common stock as consideration, total value ~$27,631 at $0.0001/share.
- Prior to the transaction, Purchaser was an affiliate controlled by CEO Lee Chong Chow; no specific business or capital structure changes are planned.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785493/000149315224033441/0001493152-24-033441-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785493/000149315224033441/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-033441

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