Welsis Corp. (WLSS): M&A transaction — Skywest Pinnacle acquires 73% of Welsis Corp; founder resigns, new CEO appointed

Welsis Corp.

Skywest Pinnacle Limited acquired 2M shares from founder Dusan Zindovic, gaining ~73% voting control.
Dusan Zindovic resigned as sole officer/director effective April 1, 2024.
Kwok Boon Kit appointed CEO, Treasurer, Secretary, and Director; previously at CoreAct Design.
Company address changed from Belgrade, Serbia to Philadelphia, PA.

item 5.01 item 5.02 item 8.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Dusan Zindovic

Director

WLSS · Welsis Corp.

Effective: 2024-04-01
Successor: Kwok Boon Kit
Filed: April 3, 2024, 7:59 PM ET

company, Dusan Zindovic, resigned his positions with the Company.

Appointed

Kwok Boon Kit

Chief Executive Officer

WLSS · Welsis Corp.

Effective: 2024-04-01
Filed: April 3, 2024, 7:59 PM ET

Kwok Boon Kit was appointed as Chief Executive Officer, Treasurer and Secretary, and Director of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Dusan Zindovic resigned as Director at Welsis Corp..

Action: resigned
Role: Director

Exact text from the filing

company, Dusan Zindovic, resigned his positions with the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kwok Boon Kit was appointed as Chief Executive Officer at Welsis Corp..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

Kwok Boon Kit was appointed as Chief Executive Officer, Treasurer and Secretary, and Director of the Company.

View on SEC.gov

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Welsis Corp. underwent a change of control involving Skywest Pinnacle Limited (closed 2024-04-01).

Action: change of control
Counterparty: Skywest Pinnacle Limited
Closing: 2024-04-01

Exact text from the filing

On March 13, 2024, Dusan Zindovic, the previous majority shareholder of Welsis Corp. (the “Company”), entered into a stock purchase agreement for the sale of 2,000,000 shares of Common Stock of the Company to Skywest Pinnacle Limited. The closing of the purchase and sale occurred on April 1, 2024.

View on SEC.gov

23 m&a transactions filed in the last 30 days. Browse all m&a transactions →

Welsis Corp. filing history →

Source: SEC EDGAR

accession 0001683168-24-002084

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