M&A
confidence high
sentiment neutral
materiality 0.75
SGLA acquires 60% of Xing Da and 100% of Invent Fortune in stock deals
Sino Green Land Corp.
- On Aug 7, 2026, Sino Green Land entered SPAs to buy 60% of Xing Da Plastics for 4,800,000 SGLA shares; sellers retain 40%.
- Also agreed to acquire 100% of Invent Fortune for 21,916,700 SGLA shares.
- Consideration in each deal paid in 3 tranches: 20% at closing, 40% at 3 months, 40% at 6 months; acceleration on change of control or key director exit.
- Deemed per-share price set at $0.60 for both transactions; no cash consideration.
- Shares issued in reliance on Regulation D/S; recipients are accredited investors.