secwatch.observer — SEC 8-K summary
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Issuer:     Sino Green Land Corp. (SGLA)
CIK:        0001433551
Form:       8-K
Filed at:   2026-10-05T10:05:51+00:00
Accession:  0001493152-26-045668
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Sino Green Land signs SPA to acquire 80% of Hi-Quality Productions for $1.8M in cash and stock
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- Sino Green Land (SGLA) agreed to buy 80% of New Jersey-based Hi-Quality Productions from Cheng You for US$1,800,000, payable 30% cash and 70% SGLA stock at $0.60 per share.
- Consideration is payable in three tranches: 40% on closing ($216,000 cash and 840,000 shares), 30% at six months, and 30% at 12 months.
- Third tranche earn-out: total rises to US$1,980,000 if Hi-Quality FY2026 net income exceeds US$550,000; total falls below US$1,800,000 if net income is below US$450,000.
- Cheng You retains 20% of Hi-Quality, must remain full-time for 12 months and follow a 5-year non-compete; closing needs a 45-day due diligence review.
- SGLA will issue the stock consideration under Section 4(a)(2)/Regulation D; recipients are accredited investors, and the shares carry transfer restrictions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1433551/000149315226045668/0001493152-26-045668-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1433551/000149315226045668/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-045668

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