m_and_a
confidence high
sentiment neutral
materiality 0.85
Reverse merger: LiquidValue to acquire Hong Kong noodle chain Wing Nin via stock issuance
Winning Catering Group, Inc.
- LiquidValue will spin off existing assets to current stockholders, then merge with Winning Catering Management (Wing Nin brand).
- Post-merger, Winning Holdings will own 80% of the company; existing shareholders retain 15%; PTGL owns 5%.
- Wing Nin operates 11 Hong Kong locations, known for cart noodles with customizable bowls and spicy curry sauce.
- Public Company will issue 3,754,897,728 shares to Winning Holdings and 234,681,108 shares to PTGL at closing.
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