---
schema_version: "secwatch.filing_event.v1"
accession: "0001520138-23-000479"
form_type: "8-K"
ticker: "ESGH"
cik: "0001883835"
company_name: "ESG Inc."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T07:50:03.217925+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001520138-23-000479
- form_type: 8-K
- ticker: ESGH
- cik: 0001883835
- company_name: ESG Inc.
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1883835/000152013823000479/0001520138-23-000479-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883835/000152013823000479/pmin-20231108_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001520138-23-000479
- JSON: https://secwatch.observer/filing/0001520138-23-000479.json
- Plain text: https://secwatch.observer/filing/0001520138-23-000479.txt

## Key facts
- Governance Changes
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883835/000152013823000479/0001520138-23-000479-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.