Kashin, Inc.: M&A transaction — Kashin acquires Business with Friends, exits shell status for 100k shares and $1k

Kashin, Inc.

Acquired Business with Friends, a general management consulting firm, for 100,000 Kashin shares and $1,000.
Seller Caren Currier transferred all shares of the target; closing occurred Jan 19, 2023.
Target is generating revenues; Kashin expects to cease being a shell company and consolidate income.
No financial statements of the target were provided with this amendment.

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.: Kashin, Inc. ceased to be a shell company upon acquisition of Business with Friends, Inc., which is generating revenues.

Change: shell status

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 0.7

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. (See attached Agreement)

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Source: SEC EDGAR

accession 0001683168-23-002318

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