secwatch.observer — SEC 8-K summary
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Issuer:     Tianci International, Inc. (CIIT)
CIK:        0001557798
Form:       8-K
Filed at:   2021-08-06T23:59:59+00:00
Accession:  0001683168-21-003313
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tianci International change of control: CEO sells 73.18% stake to Silver Glory for $525K
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- CEO Chuah Su Mei selling all 1,793,000 shares (~73.18% of outstanding) to Silver Glory Group Ltd for $525,000 cash.
- All current directors and officers to resign upon closing; Silver Glory designees to be appointed as successors.
- Closing expected on or before August 20, 2021, subject to standard closing conditions.
- Company has no current business operations; buyer acknowledges investment is highly speculative and may require substantial funds.
- Shares are restricted and sold under private offering exemption; buyer bears economic risk indefinitely.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1557798/000168316821003313/0001683168-21-003313-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1557798/000168316821003313/tianci_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-21-003313

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer