{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-049819","form_type":"8-K","ticker":"SVMB","cik":"0001647822","company_name":"Jingbo Technology, Inc.","filed_at":"2024-12-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.099223+00:00","generated_at":"2026-05-29T04:07:59.390006+00:00","sec_items":["1.01","2.01","3.02","5.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Jingbo Technology completes acquisition of Xinghe, issues 550M shares; Hangdu becomes ~99% owner","bullets":["Issued 550M common shares to Hangdu for all Xinghe shares; Hangdu now holds approximately 99.0% of Jingbo.","Pre-acquisition debt of $22,032,891 owed to Shaoxing Keqiao extinguished post-closing.","Acquired VIE structure controls Shaoxing Keqiao, specializing in intelligent parking in Zhejiang, China.","Xinghe audited financials show zero revenue for FY 2024 and FY 2023; $22.3M assets largely due from related parties."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-049819","json":"https://secwatch.observer/filing/0001493152-24-049819.json","markdown":"https://secwatch.observer/filing/0001493152-24-049819.md","text":"https://secwatch.observer/filing/0001493152-24-049819.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1647822/000149315224049819/0001493152-24-049819-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1647822/000149315224049819/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T04:07:59.390006+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":"0bba52737ce9553a528c84e84ea23fc6add11f01","claim":"Jingbo Technology, Inc. completed an acquisition involving Hangdu Technology Limited for 550,000,000 shares of Common Stock (closed 2024-12-09).","evidence_excerpt":"and Hangdu Technology Limited, a British Virgin Islands company and the sole shareholder of Xinghe (“Hangdu”). Pursuant to the Share Exchange Agreement, the Company will issue 550,000,000 shares of common stock, par value $0.001 per share (the “Common Stock”) of the Company to Hangdu, in consideration for the acquisition of all the issued and outstanding shares in","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1647822/000149315224049819/0001493152-24-049819-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Hangdu Technology Limited"},{"label":"Consideration","value":"550,000,000 shares of Common Stock"},{"label":"Closing","value":"2024-12-09"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}