secwatch.observer — SEC 8-K summary
======================================

Issuer:     Marvion Inc. (MVNC)
CIK:        0001439264
Form:       8-K
Filed at:   2022-10-25T23:59:59+00:00
Accession:  0001683168-22-007048
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bonanza Goldfields swaps 218.6M shares for 5.15% stake in China Information Technology
--------------------------------------------------------------------------------

- BONZ to acquire 26,520,386 ordinary shares (5.15%) of Hong Kong-listed CITD (8178.HK).
- Consideration: 218,574,609 BONZ shares, representing 11.25% of BONZ's outstanding common stock.
- Transaction expected to close 90 days from Oct 25, 2022, subject to regulatory approvals and FINRA authorization.
- BONZ must increase authorized shares to 2.7 billion, pending FINRA approval.
- Share swap structured via SPV (King Vision Group); no cash involved.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1439264/000168316822007048/0001683168-22-007048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1439264/000168316822007048/bonz_8k-102522.htm
  HTML page:      https://secwatch.observer/filing/0001683168-22-007048

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