secwatch.observer — SEC 8-K summary
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Issuer:     BlueOne Card, Inc. (BCRD)
CIK:        0001496690
Form:       8-K
Filed at:   2024-12-13T23:59:59+00:00
Accession:  0001493152-24-050038
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.01, 3.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BlueOne Card acquires 60% of Millennium EBS for 2.1M shares and $500k cash; Matthew joins board
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- Acquired 3.6M shares (60%) of Millennium EBS from sole shareholder Shinto Matthew.
- Consideration: 2.1M unregistered BCI common shares plus $500k cash payable within 90 days (30-day grace period).
- Closing effective Dec 13, 2024 after filing Articles of Exchange; MEI becomes subsidiary.
- BOD expanded to four; Shinto Matthew appointed director to fill vacancy.
- BCI had 12.1M shares outstanding pre-deal; 2.1M new shares represent ~17% dilution.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1496690/000149315224050038/0001493152-24-050038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1496690/000149315224050038/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-050038

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