---
schema_version: "secwatch.filing_event.v1"
accession: "0001640334-22-002392"
form_type: "8-K"
ticker: "XITO"
cik: "0001651932"
company_name: "Xenous Holdings, Inc."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T20:30:46.354001+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "medium"
source: SEC EDGAR
---

# Xenous signs MOU to acquire Malaysian agarwood company Dadvance Agarwood Alpha

## Summary
- Memorandum of Understanding signed Nov 11, 2022 with Dadvance Agarwood Alpha Sdn Bhd.
- Full financial and legal due diligence to be completed; fairness opinion required before proceeding.
- Engaged YYC Advisors for independent valuation and Eastnaga Capital Fund Ltd as corporate strategy advisor.
- No definitive acquisition agreement yet; board will not proceed without satisfactory due diligence and fairness opinion.

## SEC filing metadata
- accession: 0001640334-22-002392
- form_type: 8-K
- ticker: XITO
- cik: 0001651932
- company_name: Xenous Holdings, Inc.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: medium
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1651932/000164033422002392/0001640334-22-002392-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1651932/000164033422002392/xito_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001640334-22-002392
- JSON: https://secwatch.observer/filing/0001640334-22-002392.json
- Plain text: https://secwatch.observer/filing/0001640334-22-002392.txt

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