secwatch.observer — SEC 8-K summary
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Issuer:     Tianci International, Inc. (CIIT)
CIK:        0001557798
Form:       8-K
Filed at:   2024-04-26T23:59:59+00:00
Accession:  0001683168-24-002744
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 3.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tianci International issues 80,000 Series B Preferred shares to CEO's affiliate for $80K
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- Sold 80,000 Series B Preferred shares to RQS Capital Limited (affiliate of CEO Shufang Gao) for $80,000 cash.
- Each Series B Preferred share is convertible into 100 common shares; voting rights on as-converted basis.
- After issuance, RQS Capital holds 65.67% of aggregate voting power (includes prior 6,960,000 common shares).
- Certificate of Designation for Series B Preferred Stock filed with Nevada Secretary of State on April 24, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1557798/000168316824002744/0001683168-24-002744-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1557798/000168316824002744/tianci_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-002744

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer