8-K filed August 14, 2024, 7:59 PM ET CIK 0001918694

leadership confidence high sentiment neutral materiality 0.85

Medies: M&A transaction — Leong Weng Fong acquires controlling stake in MEDIES; appoints himself CEO, CFO after resignations of Tindall and Kidd

Medies

Leong Weng Fong purchased 4,300,000 shares of common stock, gaining unilateral control of board election and shareholder matters.
Kenneth Tindall resigned as CEO, CFO, Treasurer, Director and Secretary, effective August 12, 2024.
Simon Kidd resigned as Executive Vice Chairman, effective August 12, 2024.
Leong Weng Fong appointed as CEO, CFO, Director and Secretary, effective August 12, 2024.
Tindall's resignation was not due to any disagreement with the Company's operations, policies or practices.

item 5.01 item 5.02

Executive movements

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

Departed

Simon Kidd

Executive Vice Chairman

Medies

Effective: 2024-08-12
Filed: August 14, 2024, 7:59 PM ET

on August 12, 2024, Mr. Simon Kidd submitted his resignation from the Company's Executive Vice Chairman role, effective immediately.

Departed

Kenneth Tindall

CEO, CFO, Treasurer, Director and Secretary

Medies

Effective: 2024-08-12
Successor: Leong Weng Fong
Filed: August 14, 2024, 7:59 PM ET

As of August 12, 2024, Kenneth Tindall is no longer holding the positions of CEO, CFO, Treasurer, Director and Secretary of MEDIES (the "Company").

Appointed

Leong Weng Fong

CEO, CFO, Director and Secretary

Medies

Effective: 2024-08-12
Filed: August 14, 2024, 7:59 PM ET

The Board of the Company appointed Leong Weng Fong as the new CEO, CFO, Director and Secretary, effective on August 12, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Simon Kidd resigned as Executive Vice Chairman at Medies.

Action: resigned
Role: Executive Vice Chairman

Exact text from the filing

on August 12, 2024, Mr. Simon Kidd submitted his resignation from the Company's Executive Vice Chairman role, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kenneth Tindall resigned as CEO, CFO, Treasurer, Director and Secretary at Medies.

Action: resigned
Role: CEO, CFO, Treasurer, Director and Secretary

Exact text from the filing

As of August 12, 2024, Kenneth Tindall is no longer holding the positions of CEO, CFO, Treasurer, Director and Secretary of MEDIES (the "Company").

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Leong Weng Fong was appointed as CEO, CFO, Director and Secretary at Medies.

Action: appointed
Role: CEO, CFO, Director and Secretary

Exact text from the filing

The Board of the Company appointed Leong Weng Fong as the new CEO, CFO, Director and Secretary, effective on August 12, 2024.

View on SEC.gov

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

Medies underwent a change of control involving Leong Weng Fong (closed 2024-08-12).

Action: change of control
Counterparty: Leong Weng Fong
Closing: 2024-08-12

Exact text from the filing

On August 12, 2024, Leong Weng Fong acquired a controlling equity stake in MEDIES (the "Company") through a privately negotiated transaction.

View on SEC.gov

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

Source: SEC EDGAR

accession 0001683168-24-005674

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