{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-001303","form_type":"8-K","ticker":"CIIT","cik":"0001557798","company_name":"Tianci International, Inc.","filed_at":"2023-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.562794+00:00","generated_at":"2026-06-18T11:32:54.831007+00:00","sec_items":["1.01","2.01","5.06","3.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Tianci International completes reverse acquisition of RQS United, exits shell status","bullets":["Tianci acquired RQS United, which holds 90% of Roshing (software/hardware distributor), in a reverse acquisition.","Tianci issued 1.5M shares and paid $350,000 to RQS Capital; also issued 700,000 shares to Roshing employees/affiliates.","Tianci sold 1,253,333 shares at $0.30 each to 13 investors in a private placement, raising $376,000.","As a result, Tianci is no longer a shell company; RQS United is the accounting acquirer.","Roshing's business: electronic components, software development, consulting; 96% of FY2022 revenue from five customers."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-001303","json":"https://secwatch.observer/filing/0001683168-23-001303.json","markdown":"https://secwatch.observer/filing/0001683168-23-001303.md","text":"https://secwatch.observer/filing/0001683168-23-001303.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1557798/000168316823001303/0001683168-23-001303-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1557798/000168316823001303/tianci_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T11:32:54.831007+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cfa69fa978d57142a737c070e46694c46179553a","claim":"Tianci International, Inc.: Tianci is no longer a shell company after reverse acquisition of RQS United (effective 2023-03-03).","evidence_excerpt":"Prior to the Share Exchange, Tianci was a shell company as defined in Rule 12b-2 under the Exchange Act. As a result of the transactions under the Exchange Agreement, Tianci is no longer a shell company.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1557798/000168316823001303/0001683168-23-001303-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"shell status"},{"label":"Effective","value":"2023-03-03"}],"fact_type":"governance_change"},{"claim_id":"c2f7d225c190df2201cbeaed594d06d80b682496","claim":"Tianci International, Inc. completed an acquisition involving RQS Capital Limited for 1,500,000 shares of its common stock and pay a cash price of $350,000 (closed 2023-03-03).","evidence_excerpt":"nd RQS Capital Limited ( “RQS Capital” ), which was the sole shareholder of RQS United (the \" Exchange","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1557798/000168316823001303/0001683168-23-001303-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"RQS Capital Limited"},{"label":"Consideration","value":"1,500,000 shares of its common stock and pay a cash price of $350,000"},{"label":"Closing","value":"2023-03-03"}],"fact_type":"ma_transaction"},{"claim_id":"01677b8919ce4965d50d8e27f29eced61fc0b01b","claim":"Tianci International, Inc. entered into Exchange Agreement with RQS Capital Limited valued at $350,000 (effective 2023-03-03).","evidence_excerpt":"On March 3, 2023 Tianci International, Inc. ( \"Tianci\" ) entered into a Share Exchange Agreement with RQS United Group Limited ( \"RQS United\" ) and RQS Capital Limited ( “RQS Capital” ), which was the sole shareholder of RQS United (the \" Exchange Agreement \"), pursuant to which RQS Capital agreed to transfer all of the issued and outstanding capital stock of RQS United to Tianci, and Tianci agreed to issue to RQS Capital 1,500,000 shares of its common stock and pay a cash price of $350,000","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1557798/000168316823001303/0001683168-23-001303-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"RQS Capital Limited"},{"label":"Value","value":"$350,000"},{"label":"Effective","value":"2023-03-03"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}