M&A
confidence medium
sentiment neutral
materiality 0.35
Sino Green Land closes 80% buyout of Hi-Quality Productions, paying $216,000 cash and 840,000 shares at closing
Sino Green Land Corp.
- Closed on November 4, 2026 the acquisition of 80% of Hi-Quality Productions Inc, a New Jersey company based in Camden, NJ, from shareholder Cheng You.
- At closing the company paid 40% of total consideration: $216,000 cash plus 840,000 SGLA shares priced at a fixed $0.60/share, valued $504,000, for $720,000 aggregate.
- That $720,000 installment implies a total purchase price of about $1.8M, with the remaining 60% (~$1.08M) payable under the Hi-Quality SPA; the filing gives no payment schedule.
- The 840,000 shares were issued under the Section 4(a)(2) private-placement exemption; SGLA common stock, $0.001 par, trades on OTC Markets.
- Filing signed November 6, 2026 by Chief Executive Officer Teresa Wo; no Hi-Quality revenue figures or earnout terms were disclosed.