secwatch.observer — SEC 8-K summary
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Issuer:     Yubo International Biotech Ltd (YBGJ)
CIK:        0000895464
Form:       8-K
Filed at:   2025-07-25T23:59:59+00:00
Accession:  0001640334-25-001318
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Yubo to issue 50.6M shares to insiders at $0.05/share for debt cancellation
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- Issuance of 50.6M shares to FlyDragon and ChinaOne, wholly owned by President Jun Wang and CEO Yang Wang.
- Per share price $0.05, ~125% of July 23 OTCQB closing price; no net proceeds from transaction.
- Consideration is cancellation of shareholder loans owed by the company to Jun Wang and Yang Wang.
- Transaction expected to close by July 31, 2025; approved by disinterested director and shareholder consent.
- Shares unregistered, issued under Section 4(a)(2) and Rule 506 of the Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895464/000164033425001318/0001640334-25-001318-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895464/000164033425001318/yubo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001640334-25-001318

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