ESG Inc. to spin off China unit for 10.4M share cancellation, focus on N.A. mushroom snacks

ESG Inc.

Will distribute 100% of ESG China shares to DCG, Alonzo, Ever Vast, Gao in exchange for surrender of 10,432,800 common shares.
Post split-off, continues North America operations through ESG Provisions, Inc., developing mushroom-based snacks and proteins.
Plans to relaunch Moku mushroom jerky via Louisville co-packer; evaluating mushroom chips and other products with PA co-packers.
Closing subject to stockholder approval, Schedule 14C process, and delivery of transfer documents.

item 1.01 item 8.01 item 9.01

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