PMIN completes share exchange to acquire ESG Inc., shifts to China mushroom/agriculture business

ESG Inc.

PMIN issued 10,432,800 shares to ESG shareholders for 100% of ESG; transaction accounted for as recapitalization with ESG as accounting acquirer.
Former ESG shareholders now hold majority of PMIN stock; ESG becomes wholly owned subsidiary.
PMIN ceases cold plasma operations; new business is plant-based ingredients and mushroom production through China subsidiaries.
Operations conducted via PRC subsidiaries (AUFP, Hainan ESG); risks include Chinese regulatory and legal uncertainties.
CSRC legal opinion filed; company states no CSRC approval needed as no offering or listing is involved.

item 1.01 item 2.01 item 3.02 item 5.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

ESG Inc.: The Company changed its fiscal year end to December 31 to align with ESG (effective 2023-08-31).

Change: fiscal year change
Effective: 2023-08-31

Exact text from the filing

The Board of Directors of the Company voted to change the Company’s fiscal year end to December 31 st in order to align it with ESG.

View on SEC.gov

Browse all governance changes →

ESG Inc. filing history →

Source: SEC EDGAR

accession 0001520138-23-000479

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.