{"schema_version":"secwatch.filing_event.v1","accession":"0001640334-23-000483","form_type":"8-K","ticker":"VRDR","cik":"0001506929","company_name":"VERDE RESOURCES, INC.","filed_at":"2023-03-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.313172+00:00","generated_at":"2026-06-17T10:18:53.632427+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Verde Resources to acquire 60% of VATA for MYR 2.25M in cash and stock","bullets":["Acquisition of 60% stake in Vata VM Synergy (M) Sdn. Bhd., a Malaysian green technology and compost company.","Total consideration of MYR 2,250,000: MYR 100,000 upfront, MYR 150,000 later, and MYR 2,000,000 in restricted common stock.","Stock issuance price at up to 10% discount from 5-day VWAP preceding issuance date.","Agreement dated March 23, 2023; transaction via wholly-owned subsidiary Verde Resources (Malaysia) Sdn. Bhd."],"urls":{"canonical":"https://secwatch.observer/filing/0001640334-23-000483","json":"https://secwatch.observer/filing/0001640334-23-000483.json","markdown":"https://secwatch.observer/filing/0001640334-23-000483.md","text":"https://secwatch.observer/filing/0001640334-23-000483.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1506929/000164033423000483/0001640334-23-000483-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1506929/000164033423000483/vrdr_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T10:18:53.632427+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"16da9a2a6ce7344920ab315a623a1748962901a2","claim":"VERDE RESOURCES, INC. entered into Shares Sale Agreement with Murugesu A/L M. Narasimha and Deivamalar A/P Kandiah valued at total purchase consideration of Malaysia Ringgit MYR 2,250,000 (effective 2023-03-23).","evidence_excerpt":"On March 23, 2023, Verde Resources, Inc. (the “Company”), through its wholly-owned subsidiary Verde Resources (Malaysia) Sdn. Bhd. (“VRM”), a company incorporated under the laws of Malaysia, entered into a Shares Sale Agreement (the “SSA Agreement”) with Murugesu A/L M. Narasimha and Deivamalar A/P Kandiah (“Vendors”), the legal and beneficial owners of Vata VM Synergy (M) Sdn. Bhd. (“VATA\"), a company incorporated under the laws of Malaysia, to acquire 60% of the issued and paid-up share capital of VATA","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1506929/000164033423000483/0001640334-23-000483-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Murugesu A/L M. Narasimha and Deivamalar A/P Kandiah"},{"label":"Value","value":"total purchase consideration of Malaysia Ringgit MYR 2,250,000"},{"label":"Effective","value":"2023-03-23"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}