other material
confidence high
sentiment neutral
materiality 0.60
iMine Corporation ceases shell status after acquiring low-income housing real estate business
My City Builders, Inc.
- iMine exited shell status after acquiring RAC Real Estate Acquisition Corp. for low-income housing development.
- Company now engaged in buying and developing real estate for sale or rent of low-income housing.
- Change effective as of earlier transactions in July and August 2022, reported in prior Form 8-K filings.
- Annual Report on Form 10-K for fiscal year ended July 31, 2022 filed on same date provides additional information.