secwatch.observer — SEC 8-K summary
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Issuer:     Jingbo Technology, Inc. (SVMB)
CIK:        0001647822
Form:       8-K
Filed at:   2024-11-18T23:59:59+00:00
Accession:  0001493152-24-046559
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jingbo Technology to acquire Xinghe Technology via 550M share exchange
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- Jingbo will issue 550,000,000 common shares to Hangdu Technology in exchange for all Xinghe shares.
- Xinghe controls Guangzhou Keqiao Technology via VIE; subsidiaries include Keqiao Limited and Keqiao WFOE.
- Closing expected as soon as possible, on or before Nov 30, 2024, subject to standard conditions.
- After closing, Jingbo will own 100% of Xinghe; no cash consideration involved.
- No financial details of Xinghe or valuation disclosed; dilution to existing shareholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1647822/000149315224046559/0001493152-24-046559-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1647822/000149315224046559/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-046559

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