secwatch.observer — SEC 8-K summary
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Issuer:     VIVIC CORP. (VIVC)
CIK:        0001703073
Form:       8-K
Filed at:   2022-06-10T23:59:59+00:00
Accession:  0001549727-22-000055
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Vivic Corp subsidiary sells 60% stake in Shenzhen Ocean Way Yacht Services for RMB 1.8M
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- Wholly owned subsidiary sold its 60% ownership in Shenzhen Ocean Way Yacht Services to Yuqing Qiu for RMB 1.8M.
- Agreement signed March 22, 2022; transaction completed May 7, 2022.
- Sale price RMB 1.8 million Yuan (approx. $280k USD).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1703073/000154972722000055/0001549727-22-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1703073/000154972722000055/form8koceanbluesale.htm
  HTML page:      https://secwatch.observer/filing/0001549727-22-000055

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer