Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.95
Yinfu Gold Corp. underwent a change of control involving Bo Shaorong for Total consideration of $168,000 (issuance of 28,400,000 shares at $0.001 per share for $28,000; purchase of 50,000,000 shares at $0.002 per share for $100,000; (closed 2023-03-09).
- Action
- change of control
- Counterparty
- Bo Shaorong
- Consideration
- Total consideration of $168,000 (issuance of 28,400,000 shares at $0.001 per share for $28,000; purchase of 50,000,000 shares at $0.002 per share for $100,000;
- Closing
- 2023-03-09
Exact text from the filing
On February 22, 2023, the Company issued 28,400,000 shares of its common stock at a private placement of US $0.001 per share for proceeds of $28,000.00 to Mr. Bo Shaorong. On March 09, 2023, Mr. Bo Shaorong purchased 50,000,000 shares common stock from shareholder of Mr.Chen Qiang at US $0.002 per share. On March 09, 2023, Mr. Bo Shaorong purchased 20,000,000 shares common stock from shareholder LAI Haiying at US $0.002 per share. By execution of those transactions, Mr. Bo Shaorong holds 98,400,000,or 80.67% shares of the 121,983,993 shares of the Company’s outstanding common stock. Which means Mr. Bo Shaorong takes control of the Company.
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