secwatch.observer — SEC 8-K summary
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Issuer:     Sino Green Land Corp. (SGLA)
CIK:        0001433551
Form:       8-K
Filed at:   2026-11-06T21:05:26+00:00
Accession:  0001493152-26-050447
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.35
Item codes: 2.01, 3.02
LLM model:  deepseek-v4.1-flash:cloud@v2

Sino Green Land closes 80% buyout of Hi-Quality Productions, paying $216,000 cash and 840,000 shares at closing
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1433551/000149315226050447/0001493152-26-050447-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1433551/000149315226050447/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-050447

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