secwatch / observer
8-K filed October 6, 2025, 7:59 PM ET ticker FNGR CIK 0001602409
M&A confidence high sentiment neutral materiality 0.50

FingerMotion, Inc. (FNGR): M&A transaction — FingerMotion acquires DaGe platform IP for 1.5M shares valued ~$2.4M

FingerMotion, Inc.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

FingerMotion, Inc. issued 1,500,000 shares of common stock of common stock to Shanghai Jihaohe for at a deemed issuance price of $1.57 per share.

Security
common stock
Shares
1,500,000 shares of common stock
Purchaser
Shanghai Jihaohe
Consideration
at a deemed issuance price of $1.57 per share
Exact text from the filing
On October 2, 2025, the Company issued 1,500,000 fully paid and non-assessable shares of common stock at a deemed issuance price of $1.57 per share to Shanghai Jihaohe pursuant to the closing of the Asset Purchase Agreement.
View on SEC.gov
M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

FingerMotion, Inc. completed an acquisition involving Shanghai Jihaohe Information Technology Co., Ltd. for 1,500,000 shares of common stock at a deemed issuance price of $1.57 per share (closed 2025-10-02).

Action
acquisition
Counterparty
Shanghai Jihaohe Information Technology Co., Ltd.
Consideration
1,500,000 shares of common stock at a deemed issuance price of $1.57 per share
Closing
2025-10-02
Exact text from the filing
On September 30, 2025, FingerMotion, Inc. (the " Company "), its indirect wholly owned subsidiary, Shanghai JiuGe Business Management Co., Ltd. (" JiuGe Management "), and Shanghai Jihaohe Information Technology Co., Ltd. (" Shanghai Jihaohe "), entered into an asset purchase agreement (the " Asset Purchase Agreement ") pursuant to which the Company caused JiuGe Management to acquire all of the intellectual property (including, without limitation, all of the inventions, software in source code or object code, trademarks, copyrights and trade secrets) underpinning the Company’s DaGe platform, in consideration of the issuance by the Company to Shanghai Jiahaohe of 1,500,000 shares of common stock in the capital of the Company. The Asset Purchase Agreement closed on October 2, 2025, and the Company issued the 1,500,000 shares of common stock to Shanghai Jihaohe at a deemed issuance price of $1.57 per share.
View on SEC.gov

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FingerMotion, Inc. filing history →

Source: SEC EDGAR
accession 0001520138-25-000296
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.