Kashin, Inc.: M&A transaction — Kashin Inc. acquires Business with Friends, Inc.; changes shell company status

Kashin, Inc.

Acquisition of Business with Friends, Inc. completed on January 19, 2023.
Kashin Inc. ceases to be a shell company as target has prior-quarter revenues.
No financial terms, valuation, or purchase consideration disclosed in the filing.
Target's income will be included in Kashin's subsequent filings.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Kashin, Inc.: Company ceased being a shell company upon acquisition of Business with Friends, Inc (effective 2023-01-19).

Change: shell status
Effective: 2023-01-19

Exact text from the filing

Item 5.06 -Change in Shell Company Status. Business with Friends, Inc. is currently generating revenues in their previous quarter and will be incorporating their income in subsequent filings.

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M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.4

Kashin, Inc. completed an acquisition involving Business with Friends, Inc. (closed 2023-01-19).

Action: acquisition
Counterparty: Business with Friends, Inc.
Closing: 2023-01-19

Exact text from the filing

On January 19, 2023 Kashin Inc, acquired Business with Friends, Inc.

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Source: SEC EDGAR

accession 0001683168-23-000257

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