secwatch.observer — SEC 8-K summary
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Issuer:     Sino Green Land Corp. (SGLA)
CIK:        0001433551
Form:       8-K
Filed at:   2026-10-13T10:05:00+00:00
Accession:  0001493152-26-046667
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Sino Green Land converts $2.4M insider loans into 4.8M shares at $0.50/share
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- $2,400,528 of unsecured, non-interest-bearing demand loans were converted in full into 4,801,056 common shares at a fixed $0.50/share under a Sept 30, 2026 Debt-to-Equity Conversion Agreement.
- Allocations: 2,795,340 shares to Luo Xiong and Wo Kuk Ching ($1,397,670); 1,751,716 to Empower International Trading Sdn. Bhd. ($875,858); 254,000 to Xu Liming ($127,000).
- L&W Creditors and Empower International are controlling persons or controlled by controlling persons of the Company; loans were cancelled and extinguished in full with no cash consideration paid.
- Conversion price of $0.50 matches the price in the Aug 7, 2026 stock purchase agreements for Invent Fortune Sdn. Bhd. and Xing Da Plastics Sdn. Bhd.; no anti-dilution or reset applies.
- Company had 162,093,238 common shares outstanding before the conversion, rising to about 166.9M, a roughly 3.0% dilution; shares issued under Section 4(a)(2)/Reg D/Reg S exemptions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1433551/000149315226046667/0001493152-26-046667-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1433551/000149315226046667/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-046667

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