secwatch.observer — SEC 8-K summary
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Issuer:     YUNHONG GREEN CTI LTD. (YHGJ)
CIK:        0001042187
Form:       8-K
Filed at:   2024-09-27T23:59:59+00:00
Accession:  0001493152-24-038492
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Yunhong Green CTI acquires assets from Chairman-controlled affiliate for 5M shares
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- Purchase price: 3,246,217 shares to Seller and 1,753,783 shares to Yunhong China Group; total 5,000,000 shares.
- Working capital credit of $2,192,229 included in purchased assets for operational expenses.
- Transaction approved by disinterested board members; seller controlled by Chairman Yuabo Li.
- Shares issued in private placement exempt under Section 4(a)(2); no liabilities assumed.
- Assets include machinery, equipment, and other tangible property for expanded manufacturing capabilities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1042187/000149315224038492/0001493152-24-038492-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1042187/000149315224038492/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-038492

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