M&A
confidence high
sentiment neutral
materiality 0.90
Aphoenity International Holdings Inc.: M&A transaction — Luduson G completes reverse takeover of Glamourous Group; Ho Chi Wan gains 91.9% control
Aphoenity International Holdings Inc.
- Issued 320M shares to Ho Chi Wan to acquire Glamourous Group, an influencer management and content production company.
- Ho Chi Wan now holds ~91.9% of outstanding common stock, resulting in change of control.
- Authorized share capital increased to 1B shares to facilitate the transaction.
- New website glamourousplanet.com launched to reflect the new business.
- Shares issued in reliance on Section 4(a)(2) exemption; restricted under Rule 144.