Panamera Holdings ceases shell company status as consulting ops exceed revenue and payroll thresholds

Panamera Holdings Corp

Effective February 15, 2023, the Company ceased to be a shell company.
Consulting operations began March 1, 2022; revenue exceeded $95,000 and payroll exceeded $80,000.
Company now meets non-shell criteria for Rule 144, referencing prior SEC filings as Form 10 information.
No other material events reported in this filing.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Panamera Holdings Corp: Company ceased to be a shell company effective February 15, 2023, as consulting operations no longer nominal (effective 2023-02-15).

Change: shell status
Effective: 2023-02-15

Exact text from the filing

Effective on February 15, 2023, the Company deemed the consulting operations to no longer be nominal as the revenue generated exceeded $95,000 and the payroll exceeded $80,000 thereby causing the Company to cease to be a shell company.

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Panamera Holdings Corp filing history →

Source: SEC EDGAR

accession 0001640334-23-000227

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