secwatch / observer
8-K filed July 14, 2023, 7:59 PM ET ticker ELRE CIK 0001438461
other material confidence high sentiment neutral materiality 0.75

Yinfu Gold Corp. (ELRE): M&A transaction — Bo Shaorong acquires 80.67% of Yinfu Gold for $168,000, triggering change of control

Yinfu Gold Corp.

Key facts

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.
View on SEC.gov

31 m&a transactions filed in the last 30 days. Browse all m&a transactions →

Yinfu Gold Corp. filing history →

Source: SEC EDGAR
accession 0001640334-23-001288
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