---
schema_version: "secwatch.filing_event.v1"
accession: "0001640334-24-000853"
form_type: "8-K"
ticker: "VRDR"
cik: "0001506929"
company_name: "VERDE RESOURCES, INC."
filed_at: "2024-05-20T23:59:59+00:00"
generated_at: "2026-06-01T12:37:07.621852+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "medium"
source: SEC EDGAR
---

# Verde Resources enters JV heads of agreement with Zym-Tec for biochar construction tech

## Summary
- HOA grants Verde rights to form collaboration entity and master licensing for USA of ZT's patented soil stabilization, RAP, concrete technologies.
- SPV to be equally owned by Verde and ZT to commercialize net-zero/carbon-negative building material products using biochar.
- Income from royalties, license fees, carbon avoidance/removal credits to be split between Verde and ZT.
- Verde plans to apply for Nasdaq uplist as part of final restructuring under the HOA.
- Final detailed agreement to supersede HOA; terms including share structure and income split to be confirmed.

## SEC filing metadata
- accession: 0001640334-24-000853
- form_type: 8-K
- ticker: VRDR
- cik: 0001506929
- company_name: VERDE RESOURCES, INC.
- filed_at: 2024-05-20T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: medium
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1506929/000164033424000853/0001640334-24-000853-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1506929/000164033424000853/vrdr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001640334-24-000853
- JSON: https://secwatch.observer/filing/0001640334-24-000853.json
- Plain text: https://secwatch.observer/filing/0001640334-24-000853.txt

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